Citigroup anticipates a slowdown in global economic growth to 2.3% by 2025 due to escalating tariffs. This projection, released as part of their 2025 economic forecast, suggests a […]
Global Economic Growth Predicted to Slow Due to Tariff Impact
Economists at Citigroup predict a slowdown in global economic growth from 2.8% in 2024 to 2.3% in 2025, attributing the deceleration largely to trade tariffs. These economists point […]
US-EU Tariff Deadline Extended, Market Response Calms Amidst Trade Negotiations
The US and EU trade negotiations have reached a critical juncture with the extension of the tariff deadline to July 9, 2025. Following talks between President Trump and […]
Trump’s Tariff Statements Drive Cryptocurrency Surge
Former President Trump’s recent pronouncements regarding tariffs have significantly impacted the cryptocurrency market, prompting a surge in digital assets. As global trade tensions escalate, investors are closely watching […]
White House Policies Spark Volatility in Global Markets
Financial markets are experiencing uncertainty as Bitcoin (BTC) trades near $109,000 and Ethereum (ETH) exceeds $2,600. This volatility stems from recent statements regarding tariffs and President Trump’s evolving […]
Waller’s Tariff Comments Spark Debate About Economic Impact
Federal Reserve Governor Christopher Waller recently addressed the impact of recent tariffs on the U.S. economy. His April 14, 2025, speech highlighted potential economic impacts of these hikes, […]
Kashkari Urges Patience as Tariff Impact Remains Unclear
Federal Reserve official Neel Kashkari has emphasized the need for cautiousness in light of ongoing uncertainty regarding the impact of tariffs on inflation. In an interview with Odaily, […]
Trump Delays Tariffs, Boosting European Stocks
Following an announcement of delays on new tariffs impacting the European Union and Apple products, European stock markets saw a notable rebound. While initial declines were reported, particularly […]
EU & US Trade Talks Progress, But Deal Remains Out of Reach
Despite a temporary pause in the trade dispute between the EU and the U.S., a lasting agreement remains elusive. The European Union aims for a zero-for-zero deal that […]
Nikon Raises US Prices Amidst Trade Tariffs, Signaling Industry-Wide Impact
Nikon has announced price increases for its cameras and lenses in the United States starting June 23, 2025, citing the impact of new tariffs on goods from China. […]
Trump Extends Trade Truce With EU: Stocks Rise as Calm Restored
A diplomatic breakthrough averts potential trade war escalation. Trump and von der Leyen agreed to extend the truce on European tariffs, providing a much-needed respite for financial markets. […]
Trump Postpones EU Tariff to Accelerate Trade Negotiations
President Trump has delayed a proposed 50% tariff on European goods until July 9, opting for accelerated trade talks with the EU. This decision, made after discussions with […]
Market Volatility Soars Amid Rising Tariffs and Inflation Concerns
Recent market fluctuations are driven by shifting risk appetites. The S&P 500 is inching closer to 6000 points, indicating a surge in risk-taking after late April’s positive trend. […]
Japan Invests $6.3 Billion to Shield Against U.S. Tariffs Impact
To protect its economy from escalating U.S. tariffs, Japan has unveiled a $6.3 billion economic relief package. This fund aims to alleviate the financial burdens on industries hardest […]
Japan Allocates $6.3 Billion to Mitigate U.S. Tariff Impact
Facing the challenge of rising U.S. tariffs, Japan has allocated a substantial budget of $6.3 billion to mitigate their effects on businesses and consumers. This emergency relief package, […]