Economy And Business

Although the president lacks the legal authority to remove Jerome Powell, he continues to exert pressure on the Fed chair to lower interest rates

Forecasts from major international organizations warn of the impact of the US president’s economic policies on the exchange of goods

From 2019 to 2023, this group had the single fastest-growing GDP among the world’s 10 largest, surpassing even China, a new study finds

Treasury Secretary Scott Bessent dispensed with the polite expressions about ‘common interests’ commonly used in official statements. The meeting comes shortly after Spanish PM Pedro Sánchez met with Xi Jinping in Beijing

The US president is threatening to impose tariffs and sanctions until Mexico complies with the 80-year-old pact and ‘gives Texas the water they are owed’

April 15 is the last day to claim the payment that was offered during the Covid pandemic

The US president surrounds himself with men who share one thing in common: they never criticize him

The White House is pushing the rivalry into uncharted territory by accelerating the economic decoupling of the two powers and undermining Washington’s network of alliances

The prospect of the IRS transferring taxpayer data to immigration authorities is putting law-abiding people on the ropes

World’s Fairs were created to launch futuristic technology and products, but ended up selling ideas and experiences. 174 years after the first event, Osaka expects 28 million visitors from April 13 to October 13

Analysts believe the crypto industry won’t be impacted by trade wars in the same way as other sectors

Investing in the US stock market has yielded significant long-term returns, but these gains are considerably diminished if the investor sells in a panic or in haste

In 2024, Washington’s deficit with Beijing reached nearly $300 billion, highlighting a persistent imbalance and America’s reliance on key products from the Asian giant

‘There are no winners in a tariff war,’ argues President Xi Jinping in his first remarks following the escalation of the trade war

The president’s backpedalling in response to market pressure reveals his limitations in pursuing an aggressive tariff war against the entire world

Countermeasures are beginning to take effect as taxes on imports from the Asian giant hit 125% while the trade war with the rest of the globe gets paused. The EU has also halted its counter-tariffs but warns they will go into effect if negotiations fail

The turbulent politics of the White House are setting the stage for instability, fueled by the spread of questionable information on social media

The 25% levy on steel, aluminum, and cars remain in place, as does the 10% universal rate on most imports

The blow to public debt was the final straw, following the market crash, internal criticism, and warnings from investors and business leaders

The US president has excluded China from the tariff relief, raising duties on the country to 125%. Wall Street surged following the policy reversal

This is the first wave of retaliatory levies approved by member states against Washington’s tariffs on European goods. ‘Be cool! Everything is going to work out well,’ posted Donald Trump afterwards

Beijing insists it does not want a trade war, but warns Washington that it will not stand idly by

Investors are waiting anxiously for possible deals to end the tariff war, without losing sight of the growing signs of stress. Fears of a recession have triggered the biggest stock market falls since the pandemic

The economist Pau S. Pujolas co-wrote an article on how to win a trade war that the White House used as a reference to explain its tariff formula: ‘But there’s a huge gap between my study and what they’re doing’

US import levies are starting to be applied even as the president expresses openness to ‘tailored’ negotiations: ‘These countries are kissing my ass. They are dying to make a deal’

European markets rise nearly 2.5% after sharp declines, while US indices falter following a 104% tariff announcement on the Asian country