Car Tariff Talk, German Growth, U.K. Pay Increases: Eco Day
(Bloomberg) -- Good morning Americas. Here’s the latest news and analysis from Bloomberg Economics to help get your week started:
- President Donald Trump has received the findings of a probe into whether imported vehicles pose a national security threat, which could lead the U.S. to impose tariffs. For carmakers, that would be just the latest kick in the teeth.
- Meanwhile, the U.S.-China trade talks in Beijing last week were “very productive,” Trump said, though a meeting soon of the negotiators in Washington offers a fresh test.
- German economic growth is likely to remain subdued at least through the first half of the year as deteriorating business expectations threaten to hamper company investment -- yet there’s no reason for concern, according to the Bundesbank.
- That data came after European Central Bank member Francois Villeroy de Galhau said policy makers are taking souring economic data seriously -- and that interest-rate guidance could be revised if the weakness persists.
- U.K. private-sector workers are set for their biggest wage increase in at least seven years as companies struggle to fill vacancies.
- Meanwhile, asking prices for London homes rose this month as owners tested a fragile market before the spring selling season.
- Finally, a look at how empty luxury flats are dotting Reykjavik as Iceland’s economy cools.
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