U.S. President Trump threatens Spain with a tougher trade deal due to its refusal to meet NATO's 5% defense spending target by 2035. At the NATO summit, he emphasized the need for fair contributions and warned of economic repercussions.
Iran's parliament has backed a controversial move to close the Strait of Hormuz, a key oil transit route. This could lead to soaring oil prices and significant global economic repercussions. However, analysts suggest such a closure might be unlikely due to strong US military presence in the region.
In a shocking turn of events, Elon Musk expressed regret over his recent posts about Trump amid their public feud. Musk's comments come as he urges Americans to oppose a controversial tax bill, claiming it could spark a recession.
The US has experienced a credit rating downgrade from Moody's, highlighting growing concerns over the federal deficit and the impact of proposed tax cuts. As lawmakers clash over budget bills, experts warn of potential economic repercussions.
The US and Vietnam are set to begin trade negotiations aimed at reducing non-tariff barriers. This comes after Trump pauses a significant 46% tariff, raising questions about the future of trade relations and economic strategies.
In a bold move, President Trump is imposing a staggering 104% tariff on all Chinese imports, escalating tensions between the US and China. This decision, backed by White House Press Secretary Karoline Leavitt, comes in response to China's retaliatory tariffs. As US stocks react, experts warn of potential layoffs and economic repercussions.
French Economy Minister Eric Lombard proposes stricter regulations on U.S. Big Tech in response to Trump's tariffs. With potential tax implications and economic repercussions looming, how will France navigate this trade war?
Stock markets across the Asia-Pacific region have plunged for a second consecutive day following President Trump's announcement of new tariffs affecting 180 countries, igniting fears of a global trade war and economic downturn.
As President Trump prepares to unveil his tariff plans, uncertainty looms for businesses and nations alike. With potential countermeasures on American goods, the stage is set for escalating trade tensions.
In a groundbreaking announcement, President Trump reveals plans for universal tariffs that could reshape global trade. Experts warn of economic fallout, with potential repercussions for the UK and worldwide markets. Can the US afford this bold move?
