In a strategic pause, Jaguar Land Rover halts U.S. shipments for a month, grappling with the fallout of President Trump's new tariffs on foreign cars. This decision reflects the uncertainty in the automotive sector as global markets react to the escalating trade tensions.
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.
World leaders are responding to President Trump's newly imposed tariffs with a mix of countermeasures and diplomatic negotiations. From China's firm opposition to Japan's calls for exemption, discover how countries are strategizing to protect their economies.
In a surprising move, President Trump has exempted oil, gas, and refined products from new tariffs, sparking relief among U.S. oil producers worried about rising costs and disrupted supplies.
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.
U.S. consumer spending rose by 0.4% in February, reversing January's decline as inflation concerns mount amid escalating trade tensions and tariffs imposed by President Trump.
President Trump is set to announce new tariffs on automobiles and pharmaceuticals soon, adding to his ongoing trade war strategy that includes steel and aluminum duties. This move signals a broader effort to reshape U.S. trade policies as April 2 approaches.
New Prime Minister Mark Carney is set to run in Ottawa's Nepean district amidst a looming election and escalating trade tensions with Trump. Can he rally the nation behind him?
Nvidia's stock has dropped 12% amid trade tensions and geopolitical uncertainty, despite record revenues. One top investor argues it's a prime buying opportunity with strong growth catalysts ahead.
In a bold move, President Trump has invoked emergency powers to enhance domestic production of critical minerals, aiming to reduce reliance on imports from China amidst escalating trade tensions. The executive order prioritizes mining projects and expedites permits to secure vital resources for national security.
