The Trump administration's recent tariffs on over 180 countries are anticipated to raise inflation and decelerate economic growth, as warned by Federal Reserve Chairman Jerome Powell. With significant tariffs imposed, including a staggering 54% on Chinese exports, recession fears loom larger than ever.
The Bank of England has decided to keep interest rates at 4.5% as the U.K. faces economic uncertainties, including global trade tensions and signs of domestic stagnation. With inflation rising and growth forecasts slashed, what does this mean for consumers?
In a bold move, President Trump has enacted metal tariffs, igniting tensions with trading partners like Canada and the EU. This decision could raise costs for US industries and consumers alike. Will it backfire?
President Trump warns Japan and China against currency devaluation, stirring market concerns. As new tariffs roll out, analysts wonder how these moves will shape global trade dynamics.
Get a glimpse into Trump's aggressive trade strategy as reciprocal tariffs on an international scale threaten to disrupt global trade alliances and economies.
