global economy News

EU Forecasts U.S. 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 U.S. GDP by 2027 due to trade tariffs, with potential worse outcomes if the trade war escalates. The Eurozone and global economy could also s...

EU Forecasts: US GDP to Decline 0.8% to 1.4% by 2027 Due to Trade Tariffs, Global Economy at Risk

The EU forecasts a 0.8% to 1.4% drop in US GDP by 2027 due to trade tariffs, with potential worse outcomes if the trade war escalates, affecting global economy.

EU Temporarily Halts Retaliatory Tariffs on US Goods Following Trump's Unexpected Policy Shift

The EU has paused its retaliatory tariffs on US goods following Trump's unexpected 90-day tariff halt. Targeting over 20 billion euros in US products, the EU prefers negotiation ov...

Dollar Takes a Dive Against Dong: A Closer Look at Vietnam's Currency Market Dynamics

The dollar's value against the dong sees a notable decrease, with Vietcombank selling at VND26,000. The State Bank of Vietnam adjusts its reference rate amidst global market uncert...

India and US Accelerate Trade Talks Following Trump's Tariff Pause: A Path to $500 Billion Deal?

India is pushing for a quicker trade agreement with the US after Trump's tariff pause, aiming for a $500 billion trade target by 2030. Indian exporters, especially in shrimp, find ...

US Economy on the Brink: Odds of Recession Skyrocket to 70% Amid Trade Wars

The probability of a US recession has dramatically increased to 70%, driven by new tariffs and retaliatory measures from trade partners. This marks a significant rise from 20% in J...

US Economy on the Brink: 70% Chance of Recession in 2025 Sparks Global Concerns

The US economy's recession risk has dramatically increased to 70% in 2025, driven by President Trump's new tariffs and retaliatory measures from trade partners, sparking global eco...

EU Strikes Back: Imposes €21 Billion Tariffs on US Imports Starting April 15

The European Union has approved €21 billion in tariffs on US imports, effective April 15, criticizing US measures as unjustified. The EU seeks a balanced negotiation, with tariffs ...

US Economy on the Brink: 70% Chance of Recession in 2025 Amid Rising Trade War Tensions

The odds of a US recession in 2025 have dramatically increased to 70%, driven by President Trump's new tariffs and the resulting global trade war tensions, raising fears over econo...

US Economy on the Brink: 70% Chance of Recession in 2025 Amid Rising Trade War Tensions

The odds of a US recession in 2025 have jumped to 70%, up from 20% in January, due to escalating trade war fears sparked by President Trump's new tariffs and retaliatory measures f...

ECB's Escriva Warns: Worst-Case Economic Scenarios Unfolding Amid US Tariffs

ECB's Jose Luis Escriva warns of materializing worst-case economic scenarios due to US tariffs, suggesting a potential shift in global currency dominance from the dollar to the eur...

ECB's Villeroy Warns: US Tariffs Could Slash Eurozone Growth by 0.25% Amid Trade War Fears

ECB's Francois Villeroy warns that US tariffs could reduce Eurozone growth by 0.25%, highlighting risks to the global economy and potential inflation in the US. Despite the challen...

ECB's Escriva Warns: Worst-Case Economic Scenarios Now Unfolding Amid US Tariffs

ECB's Jose Luis Escriva warns of materializing worst-case economic scenarios due to US tariffs, suggesting a potential shift in global economic dominance from the dollar to the eur...

US Imposes Record 104% Tariffs on China Amid Global Trade Tensions

The US has escalated trade tensions by imposing a 104% tariff on Chinese imports, while prioritizing alliances with Japan and South Korea. Trump's administration signals further ta...

Global Gold Prices See a Dip as Trade War Fears Spark Market Volatility

Gold prices have dipped slightly amid global market volatility sparked by trade war fears. Despite a recent rebound, concerns over escalating tariffs between the U.S. and its tradi...

Bill Ackman Advocates for Strategic Pause in Trump's Tariffs to Avert Global Economic Turmoil

Billionaire Bill Ackman supports Trump's tariffs but suggests a 30-90 day delay to facilitate negotiations and prevent global economic disruption, advocating for a balanced approac...

Billionaire Bill Ackman Advocates for Strategic Delay in Trump's Tariff Implementation

Billionaire Bill Ackman supports Trump's tariff strategy but suggests a 30 to 90-day delay for negotiations to avoid global economic disruption, advocating for a balanced approach.

Bill Ackman Advocates for Strategic Delay in Trump Tariffs to Avert Global Economic Turmoil

Bill Ackman supports Trump's tariffs but suggests a 30-90 day delay to allow for negotiations and avoid global economic disruption, highlighting the need for strategic diplomatic e...

ECB's de Guindos Raises Alarm: US Tariffs Could Spark a Global Trade War

ECB Vice President Luis de Guindos warns that new US tariffs could lead to a full-blown trade war, marking a significant shift in global economic dynamics and potentially leading t...

ECB's de Guindos Alerts: US Tariffs May Spark a Full-Blown Global Trade War

ECB Vice President Luis de Guindos warns that new US tariffs could escalate into a full-blown trade war, highlighting the adverse effects on global markets and the shift towards ec...

Bill Ackman Advocates for Strategic Delay in Trump's Tariffs to Avert Global Economic Turmoil

Billionaire investor Bill Ackman supports President Trump's tariff strategy but recommends a 30 to 90-day delay to allow for negotiations and prevent global economic disruption, hi...

ECB's de Guindos Alerts: Rising US Tariffs Could Spark a Global Trade War Crisis

ECB Vice President Luis de Guindos warns that new US tariffs could lead to a full-blown trade war, marking a significant shift towards global economic fragmentation and uncertainty...

Billionaire Bill Ackman Advocates for Strategic Delay in Trump's Tariff Implementation

Billionaire investor Bill Ackman supports President Trump's tariff strategy but recommends a 30 to 90-day delay to allow for negotiations and prevent global economic disruption. He...

ECB's de Guindos Raises Alarm Over Potential Full-Blown Trade War from US Tariffs

ECB Vice President Luis de Guindos warns that new US tariffs could lead to a full-blown trade war, highlighting the negative impact of US policies on global economic stability and ...

UK's Rachel Reeves Prioritizes US Deal Amid Global Economic Turbulence

British Chancellor Rachel Reeves discusses the global economic impact of US tariffs, the UK's priority to secure a deal with the US, and efforts to support affected businesses and ...

Billionaire Bill Ackman Advocates for Strategic Pause in Trump's Tariff Implementation

Billionaire investor Bill Ackman supports Trump's tariffs but suggests a 30-90 day delay for negotiations to avoid global economic disruption. He emphasizes the importance of good ...

ECB's de Guindos Raises Alarm: US Tariffs Could Spark Full-Blown Trade War

ECB Vice President Luis de Guindos warns that new US tariffs could lead to a full-blown trade war, marking a significant shift in global trade dynamics and impacting economies worl...

Billionaire Bill Ackman Advocates for Strategic Delay in Trump's Tariff Implementation

Billionaire investor Bill Ackman supports President Trump's tariff strategy but urges a 30 to 90-day delay for negotiations to avoid global economic disruption, highlighting the ne...

ECB's de Guindos Raises Alarm Over Potential Escalation to a Full-Blown Trade War Amid New US Tariffs

ECB Vice President Luis de Guindos warns that new US tariffs could lead to a full-blown trade war, highlighting the negative impact on global economy and the shift towards greater ...

ECB's de Guindos Alerts: Rising US Tariffs May Spark a Global Trade War Crisis

ECB Vice President Luis de Guindos warns that new US tariffs could escalate into a full-blown trade war, marking a significant shift towards global economic fragmentation. The impa...

ECB's de Guindos Raises Alarm Over Potential Full-Blown Trade War Amid US Tariff Threats

ECB Vice President Luis de Guindos warns of a potential full-blown trade war due to US tariff threats, highlighting the worse-than-expected impact of US policies on global economy ...

US Stock Markets Plunge as Trade Tariffs Spark Global Economic Concerns

US stock markets opened lower amid concerns over President Trump's new trade tariffs, sparking a three-day market collapse. China retaliated with tariffs on US goods, exacerbating ...