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US Federal Reserve Pauses Interest Rate Cuts Amid Tariff Uncertainty

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,......

Impact of Trump's Tariffs on Spanish Olive Oil Production

The Spanish agricultural industry is anxiously awaiting the potential re-imposition of tariffs on olive oil by the Trump administration. This industry, particularly in Madridejos, Toledo, supports over 60 families and has been a pillar of the local economy for generations. Olive groves stretch across......

Xi Jinping declines EU invitation for anniversary summit

Chinese President Xi Jinping has turned down an invitation to attend a summit in Brussels commemorating the 50th anniversary of EU-China diplomatic relations, according to the Financial Times. Instead, Premier Li Qiang will represent China, meeting with the heads of the European Council and Commission.......

US Tariffs on Steel and Aluminum Escalate Global Trade War

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......

Trump avoids predicting US recession amid market volatility

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 economic implications of Trump's tariffs on Spain's olive oil and machinery sectors

US President Donald Trump's trade policies have recently cast a shadow over Europe, with the potential for 25 percent tariffs on EU-made goods. This move, which Trump claims is necessary to rectify what he perceives as unfair trade practices, has significant implications for various sectors in Spain,......

Claudia Sheinbaum’s approach to Trump’s tariffs: A balanced strategy

As the 25 percent tariffs on imports from Mexico and Canada were about to take effect under US President Donald Trump, Canadian Prime Minister Justin Trudeau quickly responded with strong remarks and immediate retaliatory tariffs. In contrast, Mexican President Claudia Sheinbaum chose a more measured......

US tariffs threaten jobs on both sides of the border

The imposition of tariffs by the US administration on goods imported from Canada is jeopardizing jobs in both countries, warns the Canadian union Unifor. “These tariffs will harm workers by increasing the cost of everyday goods, destroy jobs on both sides of the border, and have devastating consequences......

China Boosts Economic Growth amid Unprecedented Global Shifts

China is intensifying its economic growth efforts as it navigates rapid global changes and rising trade tensions with the United States. The country has introduced additional fiscal stimulus, prioritizing domestic consumption and economic stability while aiming for a 5% growth rate in 2025. Premier......