tariffs News

Fitch Predicts US Housing Market Slowdown in 2025 Due to Tariffs and Migration Policies

Fitch Ratings forecasts a slowdown in the US housing market for 2025, attributing it to higher tariffs and immigration policies that increase construction and labor costs. Housing ...

US Manufacturing Sector Contracts in March: PMI Drops Below Critical Threshold

The US manufacturing sector contracted in March, with the PMI dropping to 49%. Key indicators like new orders, production, and employment fell, while prices surged due to tariffs, ...

China's Commerce Minister Warns: Trade Wars Damage Global Economy, Advocates for Dialogue

Chinese Commerce Minister Wang Wentao advocates against trade wars, promoting dialogue with the US to resolve disputes. Meeting with Ray Dalio, discussions emphasized global econom...

China's Commerce Minister Warns: Trade Wars Damage Global Economy, Calls for US Dialogue

Chinese Commerce Minister Wang Wentao emphasizes the negative impacts of trade wars, advocating for constructive dialogue between China and the US. During a meeting with Ray Dalio,...

Mexican Leader Claudia Sheinbaum Advocates for Continued USMCA Tariff Pause Amid New US Tariff Announcements

Mexican President Claudia Sheinbaum hopes the US will continue the USMCA tariff pause, emphasizing careful consideration before responding to new US tariffs. She highlights Mexico'...

China's Commerce Minister Warns: Trade Wars Harm Both Sides, Urges US Dialogue

Chinese Commerce Minister Wang Wentao emphasizes the detrimental effects of trade wars, advocating for US-China dialogue to resolve economic disputes, amid upcoming US tariff annou...

Fed's Barkin Warns: Bond Market Signals Rising Recession Risks Amid Economic Uncertainty

Federal Reserve Bank of Richmond President Tom Barkin highlights increasing recession risks signaled by the bond market, amid economic uncertainty and potential inflationary impact...

US Manufacturing Sector Takes a Hit: PMI Drops to 49% in March Amid Demand Confusion

The US manufacturing sector contracted in March with PMI dropping to 49%, as demand confusion and tariffs impact new orders, production, and employment, while prices surge.

Federal Reserve's Barkin Warns: Bond Market Signals Rising Recession Fears Amid Economic Fog

Federal Reserve Bank of Richmond President Tom Barkin discusses the increasing recession risks indicated by the bond market, amid economic uncertainties and potential inflationary ...

Wall Street Slides Premarket Amid Tariff Tensions and Anticipation of Key Economic Data

Wall Street faces premarket losses due to tariff concerns and awaits key economic data, including manufacturing activity and job openings, amidst a volatile trading environment.

Wall Street Braces for Impact: Dow, Nasdaq, and S&P 500 Dip Premarket Amid Tariff Tensions

Wall Street faces premarket losses amid concerns over upcoming tariffs and potential countermeasures. Key economic data, including manufacturing activity and job openings, are awai...

Wall Street Braces for Impact: Dow, Nasdaq, and S&P 500 Dip Premarket Amid Tariff Tensions

Wall Street faces premarket declines amid concerns over impending tariffs and potential countermeasures. Key economic data, including manufacturing and job openings, is eagerly awa...

Dow Soars 400 Points as US Markets Rally Ahead of New Tariffs Implementation

US markets closed mostly higher with the Dow Jones surging 418 points as investors prepare for new tariffs on non-US manufactured vehicles and reciprocal tariffs announcement. The ...

ECB's Lagarde Warns: A Trade War Between EU and US Is a Lose-Lose for Everyone Involved

ECB President Christine Lagarde describes a potential EU-US trade war as a "lose-lose scenario," while also discussing the challenges of controlling inflation in the Eurozone. Prev...

European Markets Tumble: DAX Dives 2% Amid Tariff Tensions and Inflation Concerns

European stock markets experienced sharp declines as investors reacted to US tariff announcements and awaited Germany's inflation update. The DAX led losses with a 2.04% drop, whil...

European Markets Tumble: DAX Leads with a 2% Drop Amid Tariff Tensions and Inflation Fears

European stock markets, including the DAX and CAC 40, faced significant losses amid US tariff announcements and anticipation of Germany's inflation rate update. The euro and pound ...

European Markets Tumble: DAX Leads with a 2% Drop Amid Tariff Tensions and Inflation Fears

European stock markets faced significant losses as investors reacted to US tariff threats and awaited Germany's inflation update. The DAX dropped over 2%, with other major indexes ...

ECB's Lagarde Warns: A Trade War Between EU and US is a Lose-Lose for All Involved

ECB President Christine Lagarde describes a potential EU-US trade war as a "lose-lose scenario," while also noting it could allow the EU to "show independence." She also discusses ...

ECB's Lagarde Warns: A Trade War Between EU and US Is a Lose-Lose Scenario for All

ECB President Christine Lagarde describes a potential EU-US trade war as a lose-lose scenario, highlighting the risks to global economies and the challenge of controlling Eurozone ...

ECB's Lagarde Warns: A US-EU Trade War Would Be a Lose-Lose Scenario for All

ECB President Christine Lagarde describes a potential US-EU trade war as a "lose-lose scenario," while also noting the opportunity for EU independence. She emphasizes the challenge...

ECB's Lagarde Warns: A Trade War Between EU and US is a Lose-Lose for All

ECB President Christine Lagarde warns of the lose-lose scenario in a potential EU-US trade war, highlighting the risks to global economies and the opportunity for EU independence. ...

Gold Soars to Record $3,120 Amid Fears of Escalating Trade Wars and Sanctions

Gold prices hit a record high of $3,120 as investors turn to safe-haven assets amid fears of escalating trade wars and potential sanctions on Russian oil. Silver, platinum, and pal...

Gold Soars to Record $3,120 Amid Trade Tensions: A Safe Haven in Turbulent Times

Gold prices hit a record high of $3,120 as investors seek refuge from trade tensions sparked by US President Donald Trump's proposed tariffs and sanctions. Other precious metals al...

Wall Street Plummets: Dow Dives 400 Points Amid Inflation Concerns and Tariff Anxiety

Wall Street experienced significant losses with the Dow dropping 400 points amid concerns over inflation and upcoming tariffs. The March consumer confidence report showed a decline...

ECB Vice-President Foresees Inflation Easing Amid Rising US-EU Trade Tensions

ECB Vice-President Luis de Guindos expresses optimism about euro zone inflation meeting the 2% target, despite concerns over US-EU trade tensions sparked by tariff policies.

US Stock Markets Dip as New Tariffs Spark Concerns, Overshadowing GDP Growth

US stock markets opened lower due to concerns over new tariffs on foreign automobiles, overshadowing positive GDP revisions. Key indexes and stocks, including Dow Jones and Nasdaq,...

US Stock Market Dips as New Tariffs Spark Concerns Over Auto Industry Impact

U.S. stock markets opened lower due to concerns over new tariffs on foreign auto businesses, despite positive GDP revisions. Key indexes and stocks, including Dow Jones and General...

Gold and Silver Surge 1% Amid Escalating Trade War Tensions and New Tariffs

Precious metals, including gold and silver, surged by over 1% as new tariffs on car imports announced by President Trump escalate trade war tensions, impacting global markets.

Trade War Escalation Boosts Gold and Silver Prices by 1%, Investors Seek Safe Havens

As trade tensions escalate, precious metals like gold and silver have seen a 1% increase, with investors flocking to safe-haven assets following new tariffs on car imports announce...

Gold and Silver Prices Surge 1% Amid Escalating Trade War Tensions

Gold and silver prices surged over 1% as trade war tensions escalate, following President Trump's announcement of a 25% tariff on car imports and other measures. Platinum and palla...

Tech Stocks Tumble as Trump's Tariff Announcement Sparks Investor Concerns

U.S. tech stocks fell sharply after President Trump's comments on limited exceptions to upcoming tariffs, sparking fears over supply chain impacts. Major companies like Marvell Tec...

ECB's Future Rate Cuts Hang in the Balance Amid Tariff Tensions, Says Muller

ECB's Madis Muller discusses the uncertainty of future rate cuts, linking them to tariff developments. Current rates aren't stifling growth, but US tariffs on EU exports could infl...