China responds to US tariff hikes by increasing its own tariffs on US goods from 84% to 125%, starting April 12. The Chinese Finance Ministry criticizes the US's economic strategy,...
China responds to US tariffs by increasing its own tariffs on US goods from 84% to 125%, effective April 12. The Chinese Finance Ministry criticizes the US actions, stating they la...
China responds to US tariff hikes by increasing its own tariffs on US goods from 84% to 125%, signaling a sharp escalation in the trade war and warning of the economic senselessnes...
China responds to US tariffs by increasing its own tariffs on American goods from 84% to 125%, effective April 12, and vows to ignore further US tariff impositions.
China responds to US tariffs by increasing its own tariffs on American goods from 84% to 125%, effective April 12. The move escalates the trade war, with China criticizing US actio...
Chicago Fed President Austan Goolsbee warns that tariffs could lead to a stagflationary shock, posing unique challenges for the Federal Reserve. He highlights the anxiety in manufa...
Initial jobless claims in the U.S. increased by 4,000 to 223,000 for the week ending April 5, with the 4-week moving average unchanged. The insured unemployment rate remained at 1....
President Donald Trump has indicated a potential shift in trade policy by considering tariff exemptions for US companies affected by market downturns. He also shared insights on th...
Singapore's Prime Minister Lawrence Wong warns that the US's new 10% universal tariff could severely impact Singapore's trade-dependent economy, with potential revisions to growth ...
CEOs of major global banks held private talks on the effects of President Trump's tariffs on the economy, organized by the Bank Policy Institute, amid growing recession fears.
US President Donald Trump is undecided on adopting a reciprocal tariff plan, with an announcement set for April 2. Options are being weighed to match tariffs on US exports, as reve...
UK Prime Minister Sir Keir Starmer and Chancellor Rachel Reeves are pushing for government efficiency through AI adoption and significant job cuts, aiming to strengthen the economy...
Japan has achieved a significant trade surplus of ¥584.5 billion in February, highlighting the strength of its export sector amidst global economic challenges. Detailed analysis an...
US Treasury Secretary Scott Bessent announced that each country affected by US trade restrictions will be assigned a tariff number effective April 2. He also discussed the economy'...
India is set to become the world's third-largest economy by 2028, driven by its growing consumer market and increased global output share. The economy is projected to reach $5.7 tr...
Kevin Hassett, Director of the National Economic Council, lauds the latest jobs report as "fantastic," suggesting the stock market underestimates its impact. He credits President T...
China's trade surplus dramatically increased to $170.51 billion in February, surpassing expectations. Exports grew by 2.3%, while imports fell by 8.4% year-on-year, highlighting th...
President Donald Trump has announced plans to address the US trade deficit, which saw a significant increase in January. Trump criticized his predecessor, Joe Biden, for the curren...
The US Census Bureau reported a 0.8% increase in wholesale inventories for January 2024, totaling $906.2 billion. This growth, slightly below expectations, marks a 1.2% annual rise...
Japan's consumer confidence index experienced a slight decrease in February, indicating potential caution among consumers. This could have implications for spending patterns and th...
The European Commission criticizes US tariffs on steel and aluminum as unlawful and economically harmful, warning of disruptions to transatlantic trade and global markets.
The latest U.S. nonfarm payrolls report highlights the necessity of President Donald Trump's pro-growth policies, according to White House Press Secretary Karoline Leavitt. Trump's...
The UK's annual inflation rate slightly decreased to 2.5% in December, down from 2.6% in November, and below analysts' expectations. This development, reported by the UK Office for...
China's trade surplus rose to $104.84 billion in December, exceeding expectations with a 10.7% increase in exports and a 1% rise in imports compared to the previous year, as report...
Canada's Minister of Finance Dominic LeBlanc warns of the serious threat US tariffs pose to Canada's economy and workers, calling for unified efforts to protect trade ties.
In December, Japan experienced a slight decrease in consumer confidence, raising questions about the factors affecting consumer sentiment and its implications for the economy. Anal...
South Korea's business sentiment has reached its lowest point in over four years, since the COVID-19 pandemic, following the declaration of martial law. The Composite Business Sent...
The Central Bank of the Republic of Turkey has cut its key interest rates to 47.5%, the first reduction since February 2023, aiming to stabilize the economy by addressing inflation...
Spain's GDP grew by 0.8% in Q3, signaling a positive economic trajectory. This growth has sparked optimism among economists and investors, with more analysis to come.
The European Commission reports a decline in the Eurozone's consumer confidence index for December, dropping to negative 14.5 points from the previous month's negative 13.7.
US jobless claims dropped by 22,000 to 220,000 in the week ending December 14, indicating a potential strengthening in the job market. The 4-week moving average increased to 225,50...
Federal Reserve Chair Jerome Powell highlighted the need for sustained inflation reduction before considering additional interest rate cuts, adjusting the projected rate cuts for 2...
