tariffs News

Trump Declares Economic Independence with Sweeping Tariffs on China and EU

President Trump announces sweeping tariffs on China and the EU, calling it a declaration of economic independence. The move triggers global backlash and market volatility, with tar...

Fed Governor Kugler Warns: US Inflation Progress May Have Stalled, Raising Concerns

Federal Reserve Governor Adriana Kugler expresses concern over the stalled progress in US inflation reduction, noting persistent price pressures and rising inflation expectations d...

ECB's Rehn Warns: Rising Trade Protectionism Poses Significant Risk to Eurozone's Economic Outlook

ECB's Olli Rehn warns of trade protectionism's threat to the Eurozone economy as U.S. tariffs loom. Despite a weak growth outlook, the disinflationary process continues, with the E...

US Markets Tumble Premarket Amid Tariff Tensions and Economic Data Anticipation

Major U.S. equities fell sharply in premarket trading amid concerns over new tariffs by President Trump and anticipation of key economic data. The Dow, Nasdaq, and S&P 500 all saw ...

US Stocks Dive Premarket Amid Tariff Tensions and Economic Data Anticipation

U.S. stocks fell sharply in premarket trading as investors reacted to new tariffs announced by President Trump. Key economic data releases are also in focus, adding to market volat...

US Markets Tumble Premarket Amid Tariff Tensions and Economic Data Anticipation

U.S. equities faced premarket declines as investors reacted to new tariffs by President Trump and awaited key economic data. The Dow, Nasdaq, and S&P 500 all dropped, with the euro...

ECB's Olli Rehn Warns: Rising Tariffs Pose Significant Threat to Eurozone Economic Outlook

ECB's Olli Rehn warns of the risks trade protectionism poses to the Eurozone's economic outlook, as US President Trump prepares to impose tariffs on European goods. Despite a weake...

ECB's Olli Rehn Warns: Rising Tariffs Pose Significant Threat to Eurozone Economic Outlook

ECB's Olli Rehn warns of trade protectionism's risks to the Eurozone economy as Trump plans new tariffs. Despite a weak growth outlook, the disinflationary process continues, with ...

ECB's Olli Rehn Warns: Rising Tariffs Pose Significant Threat to Global Economic Outlook

Olli Rehn of the ECB warns that trade protectionism, especially upcoming U.S. tariffs on European goods, is a key risk to the economic outlook. Despite a weakened Eurozone growth f...

US Dollar Hits 7-Day Peak Against Vietnamese Dong Amid Global Trade Tensions

The US dollar reaches a 7-day high against the Vietnamese dong as global markets brace for potential new tariffs from the U.S. Vietcombank adjusts its rates, while the global dolla...

ECB's Rehn Warns: Rising Tariffs Pose Significant Threat to Eurozone's Economic Future

ECB's Olli Rehn warns of trade protectionism's threat to the Eurozone's economy as US prepares new tariffs on European goods, while affirming the disinflationary process remains on...

US Markets Tumble Premarket Amidst Anticipation of Trump's Sweeping Tariffs

U.S. equities fell sharply in premarket trading as investors reacted to impending tariffs by President Trump, with key economic data also in focus. The Dow, Nasdaq, and S&P 500 all...

US Stock Markets Dip Premarket Amid Tariff Tensions and Economic Data Anticipation

US stock markets experienced a premarket slump due to impending tariffs and anticipation of key economic data. Major indexes like the Dow Jones and Nasdaq saw declines, while the e...

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 ...