economic impact News

Historic Surge: US Tariff Rates to Reach Century-High Under Trump's Bold New Policy

President Trump's new tariff policy introduces a 10% baseline on all imports, with higher rates for major trading partners, pushing the effective U.S. tariff rate to 22%, a century...

Can India's Economic Growth Surpass the US's Trade Liberation Strategy?

The article discusses the potential impact of the US's new reciprocal tariffs on India's economy, focusing on sectors that may benefit or suffer. It also explores the future of Ind...

Trump's New Tariffs Spark Historic Drop in US 10-Year Treasury Yield to October Lows

The 10-year US Treasury note yield has dropped to 4.04%, its lowest since October 2024, following President Trump's new tariffs. The 30-year and 2-year yields also saw significant ...

UK Prime Minister Warns of Global Economic Impact from US Reciprocal Tariffs

UK Prime Minister Keir Starmer and Business Secretary Jonathan Reynolds discuss the global economic implications of US reciprocal tariffs, emphasizing Britain's preparedness and st...

UK PM Starmer Warns of Global Economic Impact from US Reciprocal Tariffs

UK Prime Minister Keir Starmer discusses the global economic impact of US reciprocal tariffs, emphasizing the UK's readiness to act in its national interest. Business and Trade Sec...

European Markets Plunge as Trump's Tariff Policy Sparks Global Economic Concerns

European stock futures plummeted after US President Donald Trump announced sweeping tariffs, including a 20% rate on EU goods, sparking fears of a 0.3% growth reduction in the euro...

UK PM Starmer Warns of Global Economic Impact from US Reciprocal Tariffs

British Prime Minister Keir Starmer warns of the global economic impact from US reciprocal tariffs, emphasizing the UK's preparedness and resilience. UK Business and Trade Secretar...

European Markets Tumble as Trump's Tariff Policy Sparks Global Trade Fears

European stock futures plummeted after US President Donald Trump announced new tariffs, including a 20% rate on EU goods, sparking fears of a significant economic impact. Major ind...

UK Prime Minister Warns of Global Economic Impact from US Reciprocal Tariffs

British Prime Minister Keir Starmer discusses the global economic impact of US reciprocal tariffs, emphasizing UK's preparedness and commitment to national interests, while the Bus...

Trump's 'Liberation Day' Tariffs: A Deep Dive into Their Economic Impact and Global Reactions

President Trump's 'Liberation Day' tariffs aim to protect American jobs but risk increasing consumer prices and disrupting global trade. Economists and international leaders expres...

Donald Trump's 26% Reciprocal Tariff on India: Analyzing the Impact and India's Economic Resilience

US President Donald Trump has announced a 26% reciprocal tariff on India, part of a broader strategy to address trade imbalances. Experts suggest the impact on India may be limited...

EU Plans Strategic Response to US Tariffs, Seeks Negotiated Settlement Amid Uncertainty

The European Union is set to respond strategically to new US tariffs with a dual approach, focusing on steel and aluminum tariffs separately from other levies. Amid uncertainty ove...

Global Trade on Edge: U.S. Tariff Shifts Threaten to Unravel Decades of WTO Progress

The U.S. is set to announce reciprocal tariffs, threatening the WTO system and global trade order. With plans for up to 20% tariffs on imports, the move could spark a trade war, wi...

Exploring the Uncertain Future of Tariffs: Fed's Williams Weighs In on Economic Impact

Federal Reserve Bank of New York President John Williams discusses the early stages of understanding tariff impacts, emphasizing uncertainty and the need for data monitoring. He al...

UK Braces for Impact as Trump's April 2 Tariffs Loom: What It Means for British Economy

The UK anticipates significant impacts from President Trump's upcoming tariffs on foreign goods, with discussions ongoing for a UK-US economic deal that prioritizes British economi...

US Stock Markets Plunge Amid Escalating Trade Tensions and Global Economic Concerns

US stock markets closed lower amid escalating trade tensions and global economic concerns. CoreWeave's NYSE debut fell short of expectations, and major indices suffered significant...

UK Government and Carmakers to Discuss US Tariffs Impact on British Auto Exports

British automobile companies and the UK government are meeting to discuss the impact of US President Donald Trump's 25% tariff on foreign-made cars, seeking exemptions over counter...

European Carmakers Sound Alarm: US Tariffs Could Backfire on Domestic Economy and Global Trade

The European Automobile Manufacturers' Association warns that new US tariffs on auto imports could harm both global carmakers and the US manufacturing sector, with significant port...

Fed Chair Powell Highlights Labor Market Equilibrium Amidst Economic Uncertainties

Fed Chair Jerome Powell discusses the equilibrium in the labor market, highlighting low hiring and firing rates. He emphasizes the Fed's close monitoring and the early stage of ass...

Exploring the Impact of Trump's Tariffs: Is a US Recession on the Horizon and What Does It Mean for India?

The article examines the potential impact of Trump's tariffs on the US economy, the likelihood of a recession, and what it means for India's economy. Experts weigh in on the situat...

India's Paper and Paperboard Imports Hit Record High: A Deep Dive into the Surge

India experiences a record surge in paper and paperboard imports, reaching 1.76 million tonnes in 2024-25, with significant economic impacts and concerns over domestic manufacturin...

Dow Jones and Nasdaq 100 Dip in Premarket: Inflation Data Offers Brief Respite Amid Trade War Concerns

U.S. stock indexes faced premarket losses as inflation data provided only a brief respite. Investor concerns quickly returned to the global trade war's potential economic effects, ...

Global Trade Tensions Escalate as Trump Imposes Heavy Tariffs on Canada, Mexico, and China

President Trump's imposition of steep tariffs on Canada, Mexico, and China has triggered immediate retaliation and threatens to disrupt $2.2 trillion in annual U.S. trade. This mov...

Warren Buffett Criticizes Tariffs: An Economic War with Hidden Costs

Warren Buffett criticizes President Trump's tariff policies, highlighting their potential to trigger inflation and harm consumers. His comments reflect concerns over the broader ec...

India's AI Investment Skyrockets: Set to Outpace Digital Tech Growth by 2.2x, Eyeing $115 Billion Economic Boom by 2027

India's investment in AI technologies is set to grow 2.2 times faster than digital tech spending, aiming for a $115 billion economic impact by 2027, despite facing challenges like ...

Fed Chair Powell Holds Judgment on Trump Tariffs, Awaiting Clearer Economic Impact

Federal Reserve Chair Jerome Powell discusses the cautious approach towards President Trump's tariffs, emphasizing the need to observe their economic impact before making judgments...

Global Oil Prices Dip Over 1% Amid Tariff Tensions and Demand Concerns

Oil prices fell over 1% due to US tariffs on imports, raising concerns about global demand. Economists warn of potential economic impacts, including decreased energy demand.

Oil Prices Dip Over 1% Amid U.S. Tariff Threats on Steel and Aluminum

Oil prices dropped over 1% as U.S. tariffs on steel and aluminum imports raise concerns over reduced demand. Economists and industry leaders warn of potential negative impacts on g...

Canada's Bond Yields Hit Rock Bottom: A Deep Dive into the 2-Year Low Since May 2022

Canada's 2-year government bond yield has reached its lowest point since May 2022, amidst new U.S. tariffs and retaliatory measures from Canada and Mexico. This has caused unease i...

January Sees a Significant Dip in Japan's Manufacturing Sector Activity

Japan's manufacturing sector experienced a significant decline in activity in January, raising concerns over its economic impact. Factors such as supply chain issues and demand flu...

Canada Stands Firm: Ready to Retaliate Against Potential Trump Tariffs

Canadian Prime Minister Justin Trudeau has declared that Canada will retaliate with equal measures if the US imposes tariffs. This move could significantly impact both economies, e...

Japan's December Retail Sales Dip by 0.7%: A Closer Look at the Economic Impact

Japan's retail trade decreased by 0.7% in December, with annual sales showing a 3.7% increase. The wholesale industry also grew by 3.5%, indicating overall economic resilience.