trade war News

Dow Jones Plummets 1,680 Points as US Markets React to Trump's Global Tariff Announcement

The US stock market experienced significant losses with the Dow Jones dropping 1,680 points after President Trump announced new global tariffs, raising trade war concerns. Despite ...

Global Oil Prices Plummet 7% Amid Escalating Trade Wars and OPEC+ Output Hike

Crude oil prices dropped sharply after US tariffs on global imports and OPEC+'s decision to increase oil output by 411,000 barrels per day, with West Texas Intermediate and Brent s...

European Markets Plunge as Trump's Trade Tariffs Spark Global Economic Concerns

European stock markets sharply declined after US President Donald Trump announced new trade tariffs, affecting major indexes and companies across the EU. The DAX and EURO STOXX 50 ...

Global Oil Prices Tumble 7% Amid Escalating Trade Wars and OPEC+ Output Hike

Crude oil prices dropped significantly after US tariffs announcement and OPEC+'s decision to increase oil output, raising concerns over global trade and economy. WTI and Brent pric...

Global Oil Prices Plummet 7% Amid Escalating Trade Wars and OPEC+ Output Hike

Crude oil prices dropped significantly as U.S. tariffs on global imports and OPEC+'s decision to increase oil output by 411,000 barrels per day raised concerns over global trade an...

China Vows Strong Retaliation Against US Tariffs, Escalating Trade War Tensions

China opposes new US tariffs, vows retaliation as trade war escalates. Trump imposes additional 34% tariff, totaling 54%, with measures to close trade loopholes affecting Chinese e...

Spain Fights Back: Sanchez Announces a Bold €14.1 Billion Plan to Counter US Tariffs

Spanish Prime Minister Pedro Sanchez introduces a €14.1 billion plan to counteract US tariffs, featuring €7.4 billion in new funds and support for industries, aiming to protect Spa...

Spain's Bold €14B Response to US Tariffs: A Shield for Its Economy

Spanish Prime Minister Pedro Sanchez announces a €14.1 billion plan to counter US tariffs, including €7.4 billion in new capital and support for industries, aiming to protect Spain...

Spain Fights Back: Sanchez Launches a Bold €14B Strategy to Shield Economy from US Tariffs

Spanish Prime Minister Pedro Sanchez announces a €14.1 billion plan to counteract US tariffs, featuring €7.4 billion in new funds and support for industries, aiming to protect Spai...

Global Oil Prices Plummet Over 3% Amidst US Tariff Announcements Sparking Trade War Fears

Global oil futures fell over 3% after US President Donald Trump announced new tariffs, including 34% on China and 20% on the EU, raising fears of trade wars that could dampen econo...

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...

South Korea Mobilizes All Resources as U.S. Imposes 25% Tariff: A Global Trade War Looms

South Korea's acting president Han Duk-soo has ordered a full mobilization of resources to counter the U.S. imposition of a 25% tariff on Korean goods, highlighting the potential f...

European Markets Dip as Trump's New Tariffs Loom: Investors Brace for Impact

Major European stock markets opened lower amid anticipation of new US tariffs by President Trump, with EU's von der Leyen hinting at retaliation. Key indices like DAX and FTSE 100 ...

Gold Prices Soar to Unprecedented Heights Twice in a Single Day Amid Global Economic Uncertainties

Gold prices reached record highs twice in one day, driven by global economic uncertainties and trade war concerns. The Saigon Jewelry Company reported significant increases in gold...

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

ECB President Christine Lagarde warns of the mutual risks in a potential EU-US trade war, calling it a "lose-lose scenario." She also discusses the challenges of controlling inflat...

Global Gold Prices Hit Historic Highs Amid Trade War Fears and Economic Uncertainty

Gold prices have reached unprecedented levels globally, driven by fears of a trade war and economic instability. The Saigon Jewelry Company reported significant increases in gold b...

Wall Street Slides in Premarket as Trump's Tariff Announcement Looms, Investors Brace for Impact

Wall Street experienced premarket declines as investors reacted to impending tariffs by President Trump, including reciprocal tariffs and a 25% charge on imported cars. ECB's Lagar...

Wall Street Dips in Premarket as Trump's Tariff Announcement Looms Over Global Trade

Wall Street indices traded lower in premarket as investors await Trump's new tariffs, including reciprocal tariffs on all countries and a 25% levy on imported cars. Navarro estimat...

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 Prices Soar to Unprecedented Heights Amid Global Trade Tensions

Gold prices have reached new historic peaks, with Saigon Jewelry Company gold bar hitting VND100.7 million per tael. Globally, spot gold climbed to $3,083.33 an ounce, driven by tr...

Dow Plummets Over 720 Points Amid Trade War Fears and Falling Consumer Confidence

U.S. stock markets faced a significant downturn, with the Dow dropping over 720 points due to trade war concerns and a decline in consumer confidence. The Nasdaq and S&P 500 also s...

Trump Imposes 25% Tariffs on Foreign Vehicles: Global Markets React and Allies Threaten Countermeasures

President Trump announces 25% tariffs on foreign-built vehicles and key auto parts, sparking global market reactions and threats of countermeasures from US trading partners. The mo...

US Tariffs Shake Indian Auto Stocks: Tata Motors Leads Decline Amid Trade War Fears

Indian auto stocks, led by Tata Motors, fell sharply after the US announced a 25% tariff on automobile components. The move threatens to compress margins for Indian exporters, with...

S&P 500 Faces Steepest Quarterly Decline Since 2023 Amid Rising Trade War Fears

The S&P 500 is heading towards its worst quarter since 2023, impacted by new US tariffs on automakers and growing trade war anxieties, despite signs of robust economic growth. Mark...

US Stock Markets Dip Amid Escalating Trade War: Dow, Nasdaq, and S&P 500 All Decline

Major US stock markets closed lower amid escalating trade tensions, with Canada announcing retaliatory tariffs. The Dow, Nasdaq, and S&P 500 all declined, while the euro gained aga...

Canada Strikes Back: Prime Minister Carney Announces Retaliatory Tariffs Against US Trade Policies

Canadian Prime Minister Mark Carney announces retaliatory tariffs against the US in response to recent trade measures, escalating tensions between the two countries. Details of the...

ECB's de Guindos Warns: Trump's Tariffs Could Severely Impact EU Growth and Inflation

ECB Vice-President Luis de Guindos warns that Trump's tariffs on EU goods, especially automobiles, could severely impact the bloc's economic growth and inflation, highlighting the ...

French Economy Minister Criticizes US Tariffs as Harmful and Uncooperative Move

France's Economy Minister Eric Lombard criticizes US tariffs on European automakers as harmful, urging cooperation. The EU prepares retaliatory measures, hoping to avoid a prolonge...

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...

French Economy Minister Criticizes US Tariffs as a Threat to Global Trade Cooperation

France's Economy Minister Eric Lombard criticizes US tariffs on EU automakers as harmful, advocating for cooperation. The EU plans retaliatory tariffs, hoping for a quick resolutio...