Economy
U.S. President Donald Trump has introduced a 25% tariff on imported cars and automotive parts, marking a significant escalation in the ongoing trade war. During his announcement at the White House, Trump framed the tariffs as a necessary action to reclaim economic losses from foreign nations that have......
The US Federal Reserve decided to maintain its interest rates on Wednesday, signaling caution amid ongoing economic uncertainty driven by President Donald Trump’s unpredictable tariff policies. The central bank kept its key lending rate steady between 4.25% and 4.50%. Along with this decision,......
The United States has implemented new tariffs on steel and aluminum imports, further intensifying the global trade war initiated by President Donald Trump. As of Wednesday, all metal imports are now subject to a 25% tariff with no exemptions, and the duty on aluminum has increased from 10%. The expiration......
United States President Donald Trump has refrained from predicting whether the country is headed for a recession as concerns mount over his economic policies. In an interview with Fox News on Sunday, Trump sidestepped questions about a potential downturn, stating, “I hate to predict things like......
The Trump administration has followed through on its threat to impose tariffs on Canadian goods. As of Tuesday, a 25% tariff on most Canadian imports (except energy, which faces a 10% tariff) has been enacted. In addition, Mexico and China have also experienced increased tariffs, with Mexico facing a......
U.S. President Donald Trump has enforced a 25% tariff on imports from Mexico and Canada, his country’s largest trading partners. This move, effective from midnight Eastern Time, has caused global markets to drop. Alongside these tariffs, Trump has introduced an additional 10% levy on Chinese imports,......
The Mexican Business Coordination Council (CCE), the largest employers' organization in Latin America’s second-largest economy, has expressed its support for Morocco’s territorial integrity and emphasized its commitment to bolstering economic and trade relations with the Kingdom. “We......
In early April, President Donald Trump announced a new 25% tariff on imports of cars, semiconductors, and pharmaceuticals. This addition follows previous tariffs on steel and aluminum that have already impacted Europe and Asia. Trump has indicated that these tariffs may increase further after one year. The......
As Indian Prime Minister Narendra Modi prepared for his visit to the White House, U.S. President Donald Trump announced new reciprocal tariffs on key trading partners, adding pressure to India’s already struggling economy. During a joint press conference, Trump revealed that India would purchase......
In recent weeks, the global economy has felt the ripple effects of U.S. President Donald Trump’s tariffs, some of which have been implemented, while others remain in the threat stage. These tariffs have caused instability in global markets and weakened various currencies, but one significant exception......
U.S. President Donald Trump has unveiled plans to impose a 25% tariff on all steel and aluminum imports, alongside retaliatory tariffs aimed at countries that impose tariffs on American goods. Trump confirmed on Sunday that he would formally announce the steel and aluminum tariffs the next day, with......
China has recently introduced a series of economic measures aimed at counteracting U.S. tariffs, notably a 10% tax on various Chinese imports. This includes tariffs on coal, liquefied natural gas, crude oil, agricultural machinery, and large cars. These duties will be effective starting February 10,......
U.S. President Donald Trump has announced that tariffs will soon be imposed on imports from the European Union (EU) and the United Kingdom (UK), despite hinting at the possibility of a trade agreement with Britain. The tariffs, set to come into effect on Tuesday, have already triggered global market......
