President Trump's ambitious trade deal strategy is hitting serious obstacles as tariffs and legal challenges create uncertainty. With just over a month left in his tariff pause, tensions with trading partners rise.
The US economy faced a slight contraction due to tariff impacts and reduced household spending, while Canada enjoyed a boost from exports and India surpassed growth expectations at 7.4%.
The EU has condemned President Trump's decision to double tariffs on steel imports, warning it could worsen trade tensions and hurt consumers. With countermeasures on the table, the stakes are rising in this ongoing trade war.
In a dramatic turn of events, Trump threatens steep tariffs on the EU as trade negotiations stall, raising fears of an impending trade war that could destabilize the global economy.
President Trump has reignited trade tensions by threatening steep tariffs on European exports and warning Apple about iPhone production. This could disrupt global markets and U.S.-EU relations significantly.
Asian shares fell as mixed Chinese economic data raised concerns over domestic struggles and U.S. tariffs. Wall Street futures also dipped amid rising Treasury yields and Moody's credit downgrade.
Discover the shocking consequences of a brief 145% tariff on Chinese imports. This article reveals how it affected businesses and individuals, highlighting both the fortunate and unfortunate in the global economy.
In a groundbreaking first stop of his international tour, Trump leads a delegation of CEOs to Saudi Arabia, striking $600 billion in AI chip deals that could reshape the Middle East's tech landscape and strengthen U.S.-Saudi ties.
President Trump’s decision to temporarily reduce tariffs on China offers a glimmer of hope for the global economy, but uncertainty looms as businesses brace for potential long-term impacts. Can this move really stabilize the market?
Asian stocks have rallied, driven by optimism following a US-China trade truce that could signal the end of the tariff war. Japan's Topix marks its longest winning streak in 16 years as global markets react positively.
