trade war News

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...

Asia-Pacific Markets React Mixedly as Trump's New Tariffs Spark Trade War Fears

Asia-Pacific markets responded mixedly to US President Donald Trump's new 25% tariff on imported cars, with some indices falling due to trade war fears while others posted gains. T...

ECB's Villeroy Downplays Tariff Impact on EU Inflation Amid US Trade War Tensions

ECB's Francois Villeroy de Galhau discusses the minimal expected impact of US tariffs on EU inflation and criticizes Trump's trade policies, highlighting potential global economic ...

Hyundai Motor Group to Unveil $20 Billion US Investment Strategy Amid Trade War Fears

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

Hyundai Motor Group to Unveil $20 Billion US Investment Amid Trade War Concerns

Hyundai Motor Group is expected to announce a $20 billion investment in the US, including $5 billion for a steel production facility, as it seeks to navigate upcoming trade tariffs...

Federal Reserve Holds Rates Steady Amid Economic Uncertainties and Trade War Fears

The Federal Reserve maintains interest rates amidst economic uncertainties and trade war fears, with inflation above target and consumer confidence dropping. New economic forecasts...

Fitch Predicts: Escalating Trade War to Curtail US and Global Economic Growth

Fitch Ratings warns that the global trade war led by the Trump administration will reduce US and global economic growth, increase domestic inflation, and delay Federal Reserve rate...

OECD Lowers Global Growth Forecast to 3.1% in 2025 Amid Inflation and Trade War Risks

The OECD has adjusted its global economic growth forecast for 2025 down to 3.1%, citing high inflation and potential trade war escalations as significant risks. The United States' ...

Wall Street Slides in Premarket as Investors Eye Retail Sales and Housing Data

Wall Street's major indexes fell in premarket trading as investors awaited retail sales and housing data, amidst ongoing trade war concerns highlighted by President Trump's stance ...

Wall Street Dips in Premarket: Eyes on Retail Sales and Housing Data Amid Trade War Tensions

Wall Street experienced a downturn in premarket trading, with major indices like the Dow Jones Industrial Average, NASDAQ 100, and S&P 500 all seeing declines. Investors are focuse...

Dalal Street Watches Trade War Developments as FPI Selloff Slows Down

Investors on Dalal Street are closely watching the global tariff war and FPI selloff trends, alongside key data releases and commodities market movements, as the Indian economy sho...

Exploring the Impact of Trump's Tariffs: Is a US Recession on the Horizon and What Does It Mean for India?

The article examines the potential impact of Trump's tariffs on the US economy, the likelihood of a recession, and what it means for India's economy. Experts weigh in on the situat...

Asian Markets Rally: Chinese Stocks Lead the Charge as US Spending Bill Progresses

Asian stock markets, especially in China, saw significant gains as the US Congress moves closer to passing a spending bill to avoid a government shutdown, despite ongoing trade war...

Asian Markets Surge as Chinese Stocks Lead the Charge Amid Global Optimism

Asian stock markets, particularly in China, saw significant gains amidst global optimism over the US Congress's progress on a spending bill. However, concerns about the trade war p...