Economy
The recent imposition of sweeping tariffs by U.S. President Donald Trump has sent shockwaves through global markets, particularly affecting long-standing U.S. trading partners like the European Union, Japan, and South Korea. However, several countries, including Brazil, Egypt, Singapore, and Turkey,......
China has firmly declared it will “fight to the end” in response to a new 50 percent tariff proposed by U.S. President Donald Trump, escalating an already intense trade conflict that has shaken global financial markets and triggered fears of an international recession. Despite recent market......
Global financial markets have plunged as US President Donald Trump intensified his defense of broad new tariffs, describing them as necessary "medicine" despite triggering widespread investor panic and massive sell-offs. Speaking aboard Air Force One, Trump said although he doesn’t wish......
U.S. President Donald Trump has announced that his upcoming reciprocal tariffs will be lower than those imposed by other countries, aiming to ease concerns in global markets. Speaking at the White House, Trump emphasized that his trade measures, set for announcement on Wednesday, will be “kinder”......
Amidst escalating trade tensions, U.S. President Donald Trump imposed new tariffs on China, Canada, and Mexico. Canada and Mexico swiftly retaliated, enacting their own tariffs on U.S. products. However, China's reaction stood out as relatively restrained. China's Ministry of Commerce refrained......
New sanctions imposed by the U.S. on Russian oil producers and vessels are expected to significantly impact Russia's oil exports, forcing China and India to source more oil from the Middle East, Africa, and the Americas. This shift is expected to drive up oil prices and freight costs, traders and......
