China's exports skyrocketed 8.1% in April, driven by a boom in shipments to Southeast Asia, despite a dramatic 21% plunge in exports to the U.S. as tariffs take their toll. Explore the implications for global trade.
U.S. President Trump's unexpected tariffs could spark stagflation, warns Fed Chair Powell. With inflation rising and economic growth slowing, the market braces for potential turmoil. Learn how this impacts the economy and stock market.
General Motors reveals that the Trump administration's tariffs will cost it $4-$5 billion this year, prompting a drastic cut in earnings projections. The auto giant's CEO, Mary Barra, warns of broader economic implications as tariffs loom over the industry.
In a closely watched Senate vote, Republicans narrowly defeated a Democratic resolution aimed at blocking Trump's controversial tariffs, sparking debates about the economic implications and party unity.
In a critical move, Senate GOP leaders have successfully defended Trump's tariffs, with Vice President Vance casting the tie-breaking vote. Despite economic contraction, the bill to rein in tariffs was rejected, signaling ongoing support for Trump's trade policies.
In a dramatic escalation, President Trump intensifies his critique of Federal Reserve Chair Jerome Powell, questioning his leadership amid rising inflation and economic uncertainty. With calls for Powell's removal, the political and economic implications are profound as Trump's tariff policies face bipartisan scrutiny.
President Trump believes a trade deal with China is imminent, despite ongoing tariff battles and uncertainty. Experts weigh in on the power dynamics between the two nations and the potential economic fallout.
In a dramatic escalation of the trade war, China has raised tariffs on U.S. goods to 125%, marking a significant retaliation against Trump's policies. As negotiations fade, the economic implications could be severe.
President Trump announces significant tariffs on pharmaceutical imports to revive U.S. manufacturing. Will this bold move shake the global drug market and impact upcoming midterms?
In a high-stakes clash, Elon Musk challenges Trump's new tariffs, calling for zero tariffs between the U.S. and Europe. As Tesla's sales plummet, the economic implications of this feud could affect millions.
