During a recent announcement, US President Donald Trump signaled that new auto tariffs could be implemented soon—a development that has drawn significant attention among international market participants. Despite indications that not all the initially proposed tariffs will take effect on April 2 and that some countries might receive preferential treatment, the news has contributed to shaping market expectations amid an ongoing global trade dispute.
Eli Lilly & Co. $LLY has unveiled an ambitious plan to allocate a minimum of $27 billion towards establishing four new manufacturing plants across the United States. This strategic move comes in response to potential tariffs that could be introduced by President Donald Trump on the pharmaceutical sector.
On Tuesday, the Japan International Cooperation Agency (JICA) announced the allocation of $1 billion to a fund aimed at supporting the private sector of the Inter-American Development Bank (IDB). This fund is designed to finance sustainable growth in Latin America and the Caribbean. Notably, this is the largest private sector fund of JICA in the region and the first joint fund with IDB Invest.