economic impact News

India Shuts Attari Border: A Deep Dive into the Economic Fallout on Indo-Pak Trade Relations

India's closure of the Attari border post-Pahalgam attack disrupts Indo-Pak trade, affecting small traders and Afghan imports, amid declining trade volumes since 2018-19.

Fitch Downgrades Global Auto Outlook to Deteriorating Amid Rising US Tariffs and Market Uncertainties

Fitch Ratings downgrades the 2025 global automotive sector outlook to 'deteriorating' due to US tariffs on imported vehicles, predicting production cuts, increased costs, and weake...

Fitch Ratings Lowers 2025 Global Auto Sector Outlook Due to US Tariff Impact

Fitch Ratings has downgraded the 2025 global automotive sector outlook to 'deteriorating' due to US tariffs on imported vehicles, warning of production cuts and increased costs. Th...

Nvidia Unveils Plan to Revolutionize US AI Infrastructure with Domestic Supercomputer Production

Nvidia announces a strategic partnership to manufacture AI supercomputers in the US, aiming to invest $500 billion in AI infrastructure, create jobs, and boost the economy. The ini...

Nvidia Unveils Ambitious Plan to Build AI Supercomputers in the US, Creating Thousands of Jobs

Nvidia announces a plan to manufacture AI supercomputers in the US, partnering with TSMC, Foxconn, and others to build $500 billion in AI infrastructure, creating hundreds of thous...

Nvidia's Bold Move: Building AI Supercomputers in the US to Revolutionize Tech Industry

Nvidia Corp. announces a partnership to build AI supercomputers in the US, with facilities in Arizona and Texas. This $500 billion project aims to create jobs and boost the economy...

Exclusive Poll Reveals: 75% of Americans Fear Short-Term Price Hikes from Trump's Tariffs

A CBS News/YouGov poll shows 75% of Americans expect President Trump's tariffs to raise prices short-term, with 65% fearing a negative economic impact, though 49% believe it could ...

US Importers in Shock as Trump's 145% Tariff on Chinese Goods Sparks 'End of Days' Fears

US businesses are facing severe challenges due to Trump's new 145% tariff on Chinese imports, with some CEOs calling it 'the end of days'. The tariffs have disrupted global supply ...

EU Predicts US GDP to Decline by 0.8% to 1.4% by 2027 Due to Trade Tariffs

The EU projects a 0.8% to 1.4% drop in US GDP by 2027 due to trade tariffs, with potential worse outcomes if measures persist. The Eurozone and global economy could also suffer sig...

Asia-Pacific Markets React Mixedly as Trump's Tariffs Stir Uncertainty and Economic Tensions

Asia-Pacific markets showed mixed reactions as Trump's tariffs create uncertainty, with some indices falling and others rising. The US's increased duties on Chinese exports to 145%...

Asia-Pacific Markets React Mixed to Trump's Tariffs: A Deep Dive into Regional Impacts

Asia-Pacific stock markets reacted mixedly to U.S. President Trump's tariff announcements, with Japan and South Korea seeing declines while China and Hong Kong posted gains. Invest...

Moody's Downgrades India's 2025 GDP Forecast to 6.1% Amid US Tariff Concerns

Moody's Analytics revises India's 2025 GDP growth forecast down to 6.1% due to potential US tariff impacts, with sectors like gems and jewellery facing significant challenges. The ...

Federal Reserve's Bowman Highlights Uncertainty Over Trump Tariffs' Economic Impact

Federal Reserve Governor Michelle Bowman discusses the uncertain economic impact of Trump's tariffs, citing strong growth and low unemployment but acknowledging the unpredictabilit...

Federal Reserve's Bowman Highlights Uncertainty Over Trump Tariffs' Economic Impact

Federal Reserve Governor Michelle Bowman discusses the unclear economic impact of Trump's tariffs, noting strong economy and low unemployment but uncertainty over future effects.

Fed's Bowman Questions the Economic Impact of Trump's Tariffs Amid Strong Growth Signals

Federal Reserve Governor Michelle Bowman discusses the unclear economic impact of Trump's tariffs amidst strong economic indicators, including solid growth and low unemployment, du...

Asian Markets Tumble as New US Tariffs Loom: A Deep Dive into the Economic Impact

Asia-Pacific markets dipped for the second time this week amid fears over new US tariffs on Chinese goods, with significant losses across regional indices. The dollar also weakened...

Richard Branson Warns: US Tariffs' Market Fallout Predictable Yet Preventable

Richard Branson criticizes the US tariffs' impact on global markets, calling the fallout predictable but preventable. He warns of rising consumer prices and economic ruin without s...

Branson Warns: US Tariffs Spark Market Chaos, Calls for Immediate Action

Richard Branson criticizes the US government's handling of reciprocal tariffs, warning of predictable market chaos and calling for immediate action to prevent long-term economic da...

Richard Branson Warns: US Tariffs Spark Market Free Fall, Calls for Immediate Action

Richard Branson criticizes the US tariffs' immediate impact on global markets, urging swift government action to prevent long-term economic damage and rising consumer prices.

Leon Cooperman Critiques Trump's Tariffs as a Long-term Economic Mistake

Billionaire investor Leon Cooperman criticizes Trump's tariffs as a mistake, warning of long-term economic damage including inflation and slowed growth. He advises investors to sel...

Jerome Powell Warns: April 2 Tariffs' Economic Impact to Unfold Gradually, Affecting Prices and Supply Chains

Federal Reserve Chair Jerome Powell discusses the gradual impact of April 2 tariffs on the US economy, noting their larger-than-expected scale and effects on prices, supply chains,...

Federal Reserve Chair Warns: Trump's Tariffs Could Trigger More Severe Economic Impact Than Anticipated

Federal Reserve Chair Jerome Powell warns of the potentially severe economic impact of Trump's tariffs, highlighting uncertainties and the Fed's cautious stance on policy adjustmen...

Powell Warns: Gradual Economic Impact of April 2 Tariffs Larger Than Anticipated

Federal Reserve Chair Jerome Powell discusses the anticipated gradual impact of new US tariffs introduced on April 2, highlighting their larger-than-expected scale and the broader ...

Federal Reserve Chair Powell Warns of Gradual Economic Impact from April Tariffs

Federal Reserve Chair Jerome Powell discusses the delayed but significant economic effects of April's tariffs, alongside other policy changes, emphasizing a gradual impact on price...

Federal Reserve Chair Powell Warns of Gradual Economic Impact from April 2 Tariffs

Federal Reserve Chair Jerome Powell discusses the delayed economic impact of April 2 tariffs, noting their larger-than-expected scale and gradual effects on prices, supply chains, ...

How Trump's New Tariffs Could Severely Impact Vietnam's Economy and Global Trade

Vietnam's economy could face a significant downturn due to new U.S. tariffs, with GDP potentially dropping by 0.99%. The country is exploring negotiations and market diversificatio...

Federal Reserve Chair Powell Warns of Gradual Economic Impact from April 2 Tariffs

Federal Reserve Chair Jerome Powell discusses the delayed economic impact of April 2 US tariffs, emphasizing their larger-than-expected scale and gradual effects on prices, supply ...

Powell Warns: The Ripple Effects of April 2 Tariffs Could Reshape US Economy Over Time

Federal Reserve Chair Jerome Powell discusses the gradual impact of new US tariffs introduced on April 2, noting their larger-than-expected scale and potential effects on prices, s...

Ethereum Takes a 2% Hit Amid Rising Global Trade Tensions: What Investors Need to Know

Ethereum's value dropped by over 2% as global trade tensions rise, with Bitcoin also experiencing a slight decline. Investors are wary of the economic impact following the latest t...

Dow Futures Plunge 900 Points Amid Escalating US-China Trade War Tensions

US equities plummet as trade war fears escalate, with China retaliating against US tariffs by imposing a 34% duty on American exports. The Dow Jones, Nasdaq 100, and S&P 500 all se...

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...