The U.S. budget deficit has surged by 20% this July compared to last year, even with record customs revenue from Trump's tariffs. As spending increases, the financial outlook raises concerns over inflation and job opportunities.
US prices rose by 2.7% in July as tariffs imposed by Donald Trump begin to ripple through the economy, impacting everything from food costs to job figures. Discover how these changes are affecting consumers and the labor market.
After Trump announced controversial tariffs, investor confidence plummeted, leading to a significant stock market selloff. Experts warn of potential inflation and recession as economic concerns mount.
New research reveals that President Trump's tariffs are about to significantly increase consumer prices. With companies facing rising costs, the burden will shift to shoppers, potentially reaching 67% of tariff costs. Find out how this affects your wallet!
The Swiss watch industry is reeling as President Trump’s 39% tariff on Swiss exports kicks in. With the US being their largest market, brands face price hikes and a potential sales crisis. Will customers bear the burden?
The US and EU have struck a trade deal aimed at avoiding a damaging trade war, but critics argue it heavily favors Trump’s policies. Will this accord truly stabilize relations or deepen the divide?
A last-minute deal between the US and European Union has averted a looming trade war, imposing a 15% tariff on most EU exports. Discover how this pact, negotiated under pressure from President Trump, affects the global economy.
Asian shares dipped from record highs as profit-taking set in ahead of significant economic events next week, including Trump's tariff deadline and central bank meetings. Investors are anxious about political shifts in Japan and potential impacts on global markets.
Stellantis reported a staggering 2.3 billion euro net loss in the first half of the year, driven by a significant slump in North American sales and the impact of new US tariffs. The company is restructuring to combat these challenges.
As the August 1 deadline for Trump's updated tariffs approaches, investors remain calm despite mixed market reactions. Earnings reports from major companies may influence future trade sentiments.
