On April 2, 2025, the US stock market faced a significant downturn following President Donald Trump’s announcement of extensive tariffs across nearly all sectors. This triggered a global […]
Powell Says Tariffs Likely to Cause Temporary Inflation Spike
Federal Reserve Chair Jerome Powell recently provided a crucial perspective on the potential impact of tariffs on the economy, specifically addressing inflationary pressures. He stated that while tariffs […]
German Machinery Exports Face Significant Risks Due to U.S. Tariffs
Over 50% of German machinery exports face potential disruption due to expanded U.S. tariffs on steel and aluminum, according to the VDMA, a key industry association. This comes […]
U.S. Tariffs Raise Concerns for German Machinery Exports
New U.S. tariffs on German machinery exports are raising alarm bells, with over 50% of products facing increased duties and potentially impacting various industries. The VDMA, a major […]
Trump’s Tariffs on Chinese Goods: How Trade Battles Could Affect Halloween & Crypto
President Trump’s tariffs on Chinese imports are causing ripples in the economy, including impacts on the price of goods for Halloween celebrations. These tariffs are raising concerns about […]
Trump Imposes 10% Tariffs on Canadian Exports: Trade Tensions Escalate
Former President Donald Trump has imposed a new 10% tariff on Canadian exports, escalating trade tensions with the country. The tariffs impact steel and aluminum products, potentially increasing […]
Trump Increases Tariffs on Canada, citing Reagan Ad Dispute
President Donald Trump responded to an ad by the Ontario government highlighting Ronald Reagan’s stance on tariffs by increasing Canadian tariffs and accusing them of dishonesty. The action […]
Trump Attributes Stock Market Strength to New Tariffs
President Donald Trump has claimed the U.S. stock market’s recent surge is due to tariffs imposed during his second term, with significant impacts on key indices since April […]
Trump Tariff Tensions Ease Amidst Positive Trade Talks Before Key Summit
U.S. Treasury Secretary, Bessent, and China’s He Lifeng met in Malaysia to launch trade talks ahead of the upcoming October 30th summit. This meeting signals a positive development […]
Trump Claims Strong Stock Market Fueled by Tariffs
U.S. President Donald Trump has claimed that the stock market is thriving due to the impact of tariffs, according to PANews. This statement comes amidst ongoing debate about […]
Trump Faces Pressure to Address Trade Tensions with China
Trade tensions between the United States and China continue to escalate, raising concerns about potential economic repercussions. President Trump has threatened the imposition of additional tariffs on Chinese […]
Ikea Raises Prices Due to U.S. Furniture Tariffs, Affecting Product Costs
IKEA has announced price increases for certain furniture items in response to new tariffs imposed by the Trump administration on imported goods. These tariffs have increased costs for […]
Loretta Mester Examines Tariff Impact on U.S. Inflation
Federal Reserve leaders are closely monitoring the impact of tariffs on US inflation, with Loretta Mester playing a key role in assessing these effects. As President of the […]
Federal Reserve: Tariffs Still Impacting Economy
Federal Reserve official Musalem highlighted the ongoing economic impact of tariffs, noting their presence in the economy continues through mid-next year. Retailers are facing increasing pressure to absorb […]
Trump Takes Tariff Dispute to Supreme Court
President Trump has announced plans to escalate his tariff actions against China by seeking intervention from the Supreme Court following lower court rulings. These tariffs, aimed at addressing […]