Despite previous reports suggesting Ottawa might be pausing retaliatory tariffs on US goods, Canada’s finance minister François-Philippe Champagne announced the government will remain resolute. Champagne clarified that roughly […]
Trump Attacks Walmart Over Tariff-Driven Price Hikes
President Donald Trump publicly criticized Walmart for raising prices due to tariffs imposed by the U.S. on goods imported from China. The move comes as Walmart seeks to […]
Trump Imposes New Tariffs Amid Trade Negotiations, Impacting Markets
President Trump recently announced new tariff rates affecting several trading partners following recent trade negotiations with China in Geneva, Switzerland. These tariffs mark a significant shift in the […]
Trump Signals Shift in US Trade Policy, Hints at Unilateral Tariffs
President Donald Trump has indicated that the US will pursue unilateral tariffs on trading partners instead of engaging in traditional negotiation deals. He emphasized that new tariffs would […]
US Consumer Sentiment Plunges to Record Low, Driven by Tariff Concerns
Consumer confidence in the US has reached a historic low point. New data from the University of Michigan reveals a sharp decline, plummeting to 50.8 in early May. […]
Trump Imposes Unilateral Tariffs in UAE Meeting, Impacting Global Trade
In a move that signals a shift in U.S. trade policy, Donald Trump announced the implementation of unilateral tariffs without negotiations in the UAE. These tariffs are expected […]
Dimon Warns of Recession Despite Tariff Rollback
JPMorgan Chase CEO Jamie Dimon expressed his concern for a potential U.S. recession, despite recent tariff reductions between the US and China. He stated that even with these […]
Federal Reserve Warns of Economic Risks from Tariffs
The Federal Reserve is sounding the alarm about potential economic risks stemming from trade disruptions fueled by tariffs. According to BlockBeats, Fed official Barr emphasized that despite a […]
Federal Reserve Warns of Economic Risks from Tariff-Related Disruptions
Despite a strong U.S. economy, Federal Reserve official Barr highlights concerns about potential disruptions to the supply chain caused by tariffs. These disruptions could slow economic growth and […]
U.S. Restores Trade with China by Slashing Tariffs
The United States has significantly eased its trade barriers with China, slashing tariffs on imports by 91% effective May 14th. This decision marks a significant shift in U.S.-China […]
Trump’s Tariffs Threaten California Tax Revenue by $16 Billion
California is bracing for a significant hit to its tax revenue as President Trump’s tariffs take effect, with the state’s finance team projecting a loss of $16 billion […]
WTO Chief Calls for Action on U.S. Tariffs, Emphasizing Need for Collaboration
World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala highlighted the challenges posed by U.S. tariffs during a meeting with Japanese Prime Minister Shigeru Ishiba in Tokyo. According to reports […]
Inflation Defies Predictions Despite Trump Tariffs
In a surprising turn of events, US inflation unexpectedly decelerated in April, dropping to 2.3% despite aggressive tariffs implemented by the Trump administration. This unexpected decline raises questions: […]
Trump Imposes Historic Tariffs, Fueling Trade Tensions & Market Volatility
President Trump has implemented unprecedented tariffs against China, targeting imports and igniting market volatility across various sectors. These measures mark a significant shift in U.S. trade policy under […]
Trump Imposes Increased Tariffs on Countries Imposing Trade Barriers
U.S. President Donald Trump has announced a new phase in the ongoing trade dispute with various nations by increasing tariffs imposed on countries that have enacted import barriers […]