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2020s on course to be weakest decade for global economy since 1960s, says World Bank
The World Bank has lowered its projection for worldwide economic expansion, attributing the slowdown to trade conflicts, resulting in the poorest growth outlook for the global econ...
Read Full Article →US jobs market slows down as businesses cope with Trump trade war uncertainty
The decrease in job growth during May, influenced by federal workforce reductions and trade-related uncertainties, suggests potential challenges for economic expansion and labor ma...
Read Full Article →Trump’s tariffs have become his Vietnam – and the right is breaking ranks | Sidney Blumenthal
The recent trade court decision undermines the administration’s economic measures, challenging presidential authority and prompting significant debate among political and legal lea...
Read Full Article →US’s most Canadian town is stuck in the middle of a trade war
Point Roberts' economy relies heavily on Canadian visitors, and the recent decline in cross-border tourism has caused a significant downturn in local business revenue and financial...
Read Full Article →Bank of England governor warns path of interest rate cuts is ‘shrouded in uncertainty’ due to trade...
The uncertainty surrounding future adjustments in borrowing costs reflects concerns over escalating global trade conflicts, which may negatively impact economic growth and financia...
Read Full Article →US firms say Trump trade war is hitting production as dollar nears three-year low
Recent manufacturing data indicates a consecutive drop in production among U.S. companies, highlighting economic challenges linked to trade tensions and contributing to a weakened...
Read Full Article →China accuses US of ‘seriously violating’ trade war truce; UK factory output shrinks again – busines...
Ongoing trade tensions and economic challenges are weighing on UK manufacturing, with subdued business confidence and rising expenses expected to affect production and market perfo...
Read Full Article →Trump accuses EU of dragging its heels on a tariff deal with the US
Delays in reaching an agreement on import tariffs between the US and the EU could potentially increase trade tensions, affecting market stability and economic relations between the...
Read Full Article →IMF lifts UK growth forecast for 2025; markets welcome US delay to EU 50% tariffs – business live
The International Monetary Fund’s updated projections indicate improved economic prospects for the United Kingdom in 2025, while the postponement of US tariffs on European goods ha...
Read Full Article →As Trump focuses on his trade war, Brazil and China forge closer ties
The strengthening partnership between Brazil and China signals a potential shift in global economic alliances, potentially affecting trade dynamics and investment flows in Latin Am...
Read Full Article →Farmers fear Trump trade winds could damage crops: ‘It’s unnerving’
Grain producers face potential financial losses as elevated production expenses surpass market prices amid ongoing trade tensions affecting key export relationships.
Read Full Article →Eurozone growth forecasts cut amid uncertainty over Trump trade war
The European Commission has lowered its projections for economic expansion in the eurozone due to ongoing trade tensions, anticipating slower growth rates through 2026 compared to...
Read Full Article →This pause in the trade war will be brief. Small businesses, plan accordingly
The temporary halt in tariffs offers some relief to businesses, but ongoing levies and historical duties continue to impact import costs and trade expectations moving forward.
Read Full Article →Which Trump tariffs are active, which are paused and what’s next?
The ongoing tariffs affect various industries and trading partners, influencing costs and supply chains, while some remain suspended or exempted, creating uncertainty for businesse...
Read Full Article →US to slash tariff on small China parcels from 120% to 54%
Reducing import fees on low-value shipments from China to the US is expected to lower costs for consumers and enhance market opportunities for online retailers like Shein and Temu.
Read Full Article →Trump claims ‘total reset’ of US-China ties as 90-day pause to trade war agreed
The announcement of a temporary halt in tariff increases between the US and China led to a market rally, reflecting investor optimism about reduced trade tensions and potential eco...
Read Full Article →Trump might claim China tariff victory – but this is Capitulation Day | Heather Stewart
The temporary suspension of tariffs between the US and China sparked positive market reactions, with stocks rising and bond yields increasing amid investor optimism despite ongoing...
Read Full Article →Stock markets, dollar and oil rally as US and China agree to slash tariffs in 90-day pause – busines...
The temporary suspension of reciprocal import taxes between the United States and China has positively influenced global markets, leading to increased investor confidence and upwar...
Read Full Article →US and China agree to lower tariffs in trade war de-escalation – video
The temporary reduction of tariffs between the United States and China is expected to ease trade tensions, potentially boosting economic activity and stabilizing markets by lowerin...
Read Full Article →Trump will destroy world trade, but democracies can defend themselves – and each other | Anders Fogh...
The proposal for a coalition of seven leading democracies aims to safeguard shared economic interests and promote stability by collectively responding to disruptive trade policies...
Read Full Article →Trump claims ‘total reset’ in US-China trade relations after tariff talks in Geneva
The recent negotiations between American and Chinese representatives have the potential to ease trade tensions, potentially impacting tariffs and influencing economic conditions be...
Read Full Article →Chinese and US officials meet in Geneva for ‘de-escalation’ trade talks
Senior representatives from the United States and China convened in Geneva to address escalating tariffs, aiming to stabilize international markets and reduce economic uncertainty...
Read Full Article →‘No one’s buying anything now’: how tariffs are striking a blow to historic Chinatowns
The newly imposed tariffs on Chinese products have increased costs for Chinatown’s small business owners, further straining their financial stability amid ongoing challenges like t...
Read Full Article →China exports beat expectations despite slump in trade with US
China’s overall export growth exceeding predictions in April highlights the country's resilient trade performance despite a notable decline in shipments to its major partner, the U...
Read Full Article →UK interest rates fall to 4.25% as Bank of England announces a quarter-point cut
The reduction in borrowing costs aims to support economic activity amid ongoing challenges, potentially influencing lending rates for consumers and returns on savings in the UK fin...
Read Full Article →Bank of England cuts UK interest rates to 4.25% as trade war threatens economy – business live
The recent interest rate reduction by the Bank of England reflects efforts to address economic challenges amid global trade tensions and rising uncertainties influencing inflation...
Read Full Article →‘Outdated and unjust’: can we reform global capitalism?
Recent trade tensions have disrupted international markets, prompting countries to reevaluate their economic strategies amid ongoing challenges that highlight deeper issues within...
Read Full Article →China to cut interest rates in response to trade war with US
The central bank's decision to lower borrowing costs and increase liquidity aims to support economic stability and stimulate growth amid escalating tensions affecting international...
Read Full Article →China chides US over ‘serious negative impact’ of Trump tariffs as trade talks set to begin
The scheduled discussions between Chinese and US officials aim to address the economic consequences of recent tariffs, which have affected international trade stability and market...
Read Full Article →‘A game-killer’: Trump tariffs add to mounting troubles for borderland cattle ranchers
The fluctuating tariff policies between the United States and Mexico have caused significant financial strain for borderland cattle ranchers, resulting in millions of dollars in lo...
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