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

Ryan Peterson 11 Apr, 2025

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.

Economy

Trump's Latest Tariffs: 5 Critical Impacts on Global Trade and Economy

Sarah Mitchell 06 Mar, 2025

President Trump's latest tariffs target Canada, Mexico, and China, aiming to curb fentanyl flow and reduce the U.S. trade deficit. The automotive, energy, and consumer electronics ...

Business

EU's Carbon Tariff Threatens Global Trade: A Closer Look at Its Impact on India

James Carter 01 Feb, 2025

The European Union's carbon tariff poses new challenges for global trade, particularly affecting countries like India. The Carbon Border Adjustment Mechanism targets carbon-intensi...