trade tariffs News

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...

EU Predicts US GDP to Decline by 0.8% to 1.4% by 2027 Due to Trade Tariffs, Sparks Global Economic Concerns

European Trade Commissioner forecasts a 0.8% to 1.4% drop in US GDP by 2027 due to trade tariffs, with potential for greater global economic impacts if trade tensions escalate.

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.

US Dollar Takes a Dive: Significant Losses Against Euro and Swiss Franc Amid Trade Tensions

The US dollar weakened significantly against major currencies like the euro and Swiss franc due to ongoing concerns over US tariffs and their potential effects on global growth, wi...

President Trump Open to Dialogue with Xi Jinping Amidst Trade Tariff Tensions

President Donald Trump has shown readiness to discuss trade tariffs with Chinese President Xi Jinping, praising him as a friend and a smart leader. Amidst tariff adjustments, Trump...

Oil Prices Tumble Over 3.5% as Trade Tensions and Middle East Unrest Dampen Market Sentiment

Oil futures prices dropped significantly due to trade tensions from U.S. tariffs and Middle East unrest, with WTI and Brent crude seeing over 3.5% declines.

Dow Jones Plummets Over 1,300 Points as US-China Trade Tensions Escalate

US equity markets opened lower amid escalating trade tensions, with the Dow Jones dropping over 1,300 points after President Trump's tariff announcements. China's retaliatory measu...

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 ...

US Markets Plunge as Trump's Tariff Strategy Sparks Global Trade War Fears

US markets opened lower as President Trump's new tariffs on major trading partners sparked fears of a global trade war, leading to a three-day market collapse. Trump insists on res...

Vietnam Proactively Addresses US Trade Concerns: A Strategic Move Towards Stronger Bilateral Relations

Vietnam has taken proactive steps to address US trade concerns, including negotiating tariff eliminations and increasing purchases of US goods. High-level talks and a special envoy...

Oil Prices Plunge Over 4% to Lowest Since December 2021 Amid Demand Worries

Crude oil prices extended losses on Friday due to concerns over demand drop from U.S. trade tariffs and OPEC+'s unexpected output increase announcement, leading to significant pric...

Oil Prices Plunge Over 4% to Lowest Since December 2021 Amid Demand Worries

Crude oil prices extended losses due to U.S. trade tariffs and OPEC+'s decision to increase output, with WTI and Brent both dropping over 4%.

Global Trade Tensions Trigger Sharp Decline in Precious Metals, Gold and Silver Hit Hard

Precious metals, including gold and silver, have seen a sharp decline following US President Donald Trump's announcement of comprehensive trade tariffs. Investors are moving away f...

US Dollar Hits Record High Against Vietnamese Dong Amid Global Trade Tensions

The US dollar reaches a new high against the Vietnamese dong, influenced by local banking adjustments and global trade tensions sparked by President Trump's tariff announcements. T...

Global Precious Metals Market Takes a Hit: Gold and Silver Prices Plummet Amid Trade Tensions

The precious metals market faced a sharp decline, with gold and silver prices dropping significantly due to new trade policies and economic indicators. Gold fell over 2%, and silve...

Market Uncertainty Sparks Significant Drop in Gold and Silver Prices Amid Trade Tariff Announcements

Precious metals, including gold and silver, have seen a significant drop in prices due to market uncertainty following new trade tariff announcements by President Trump and recent ...

Dow Plummets 1,370 Points: A Deep Dive into the Market's Sharp Decline Amid Trade Tensions

U.S. stock markets experienced significant losses as investor concerns over new trade tariffs by President Trump caused the Dow to drop 1,387 points. The Nasdaq and S&P 500 also sa...

US Stock Markets Plunge: Nasdaq 100 Hits September Lows Amid Trade War Fears

U.S. stock markets opened lower with the Nasdaq 100 hitting its lowest since September amid fears of new tariffs. The Dow Jones and S&P 500 also saw significant drops, with Amazon ...

Dow Jones Plummets as Nasdaq 100 Hits September Lows Amid Trade Tension Fears

U.S. stock markets opened lower with the Nasdaq 100 hitting September lows due to investor fears over upcoming tariffs. The Dow Jones dropped 300 points premarket, and significant ...

Carney Warns: Trump's Economic Strategies Could Elevate US Inflation Rates

Canadian Prime Minister Carney discusses the potential economic impacts of Trump's policies, including slowed growth and increased inflation in the US, following a phone call. Unce...

Hyundai's Bold $20B US Investment Strategy to Counter Trade War Tariffs

Hyundai Motor Group is expected to announce a $20 billion investment in the US, including $5 billion for a steel production facility, as a strategic move to counter upcoming trade ...

South Korea Tightens Steel Import Rules to Combat Chinese Dumping Tactics

South Korea is enhancing its steel import regulations to prevent Chinese dumping, focusing on stricter origin verification to protect its domestic industry amidst global trade tens...

European Markets Show Positive Signs Ahead of Key Economic Data Releases

European stock indexes trended higher in premarket trading as investors awaited key economic updates from Germany, Spain, and France, alongside earnings reports from major carmaker...

European Markets Edge Higher in Premarket Trading Ahead of Key Economic Data Releases

European stock indexes mostly rose in premarket trading as investors awaited key economic updates from Germany, Spain, and France. Earnings reports from major carmakers and new tra...

Asia-Pacific Markets Surge as Traders Digest Key Economic Indicators and Trade Tariff Updates

Asia-Pacific markets mostly rose as investors analyzed economic data and US trade tariff updates. South Korea's inflation dropped to 2%, while Australia reported a trade surplus. J...

Asia-Pacific Markets Show Mixed Trends as Investors Digest Economic Data and Trade Tariffs News

Asia-Pacific markets mostly rose as investors assessed economic data and US trade tariffs. South Korea's inflation fell to 2%, while Australia reported a January trade surplus of 5...

Asia-Pacific Markets Show Positive Trends Amid Economic Data and Trade Tariff Developments

Asia-Pacific markets mostly higher as investors assess latest economic data and US trade tariff updates. South Korea's inflation drops to 2%, while Australia reports a trade surplu...

Asia-Pacific Markets Show Mixed Reactions as Investors Digest Economic Data and Trade Tariff News

Asia-Pacific markets showed mixed reactions as investors digested the latest economic data and US trade tariff updates. South Korea's inflation fell to 2%, while Australia reported...

Wall Street Holds Steady Pre-Market as Investors Eye Key Economic Reports and Trade Policies

Wall Street remains steady in pre-market trading as investors await February's manufacturing activity data and monitor new trade tariffs. The Dow Jones and S&P 500 are flat, while ...

South Korea and U.S. Forge Stronger Ties: New Consultative Body to Tackle Trade Tariffs

South Korea and the U.S. have agreed to establish a consultative body to address high tariff policies and strengthen economic ties, following a meeting between their industry minis...

Cleveland Fed President Hammack Expresses Uncertainty Over Inflation's Path to 2% Target

Cleveland Fed President Beth Hammack discusses the uncertainty of inflation reaching the 2% target, the cooling labor market's impact on wage growth, and the need to assess the eff...