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The U.S. economy faces a significant challenge as it navigates the complex interplay of persistent high inflation, rising tariffs, and the Federal Reserve’s efforts to stabilize economic conditions. As President Trump continues to threaten new tariffs, particularly targeting countries like China, Mexico, and Canada, the central bank is under pressure to rethink its approach to […]
Oil prices are headed for a weekly decline as heightened concerns over global trade tensions and potential tariffs threaten to disrupt the energy markets. The latest round of uncertainty stems from U.S. President Donald Trump’s tariff proposals, which have cast a shadow over global oil trade. With tariffs looming on imports from countries such as […]
Amid mounting trade tensions, the US dollar has shown remarkable resilience, continuing to climb in value despite the looming threat of tariffs. US President Donald Trump’s aggressive stance on international trade, including the imposition of 100% tariffs on goods from countries like China, Canada, and Mexico, has triggered concerns among global economies. However, the strength […]
In a bold and controversial move, former U.S. President Donald Trump has announced his intention to proceed with imposing 25% tariffs on imports from Canada and Mexico, effective from Saturday. This pledge, which has drawn significant attention from political leaders, economists, and business owners, is set to have far-reaching consequences on the trade relationships between […]
Donald Trump, the current President of the United States, delivered a fiery and controversial address at the World Economic Forum in Davos, reigniting debates about global trade, economic policies, and the U.S.’s role in the international financial system. His speech, characterized by bold assertions and ambitious promises, tackled issues such as trade deficits, investment inflows, […]
Canada is grappling with a potential economic crisis as US President Donald Trump threatens to impose a blanket 25% tariff on Canadian imports. Prime Minister Justin Trudeau, once warning of economic hardships under such measures, has now adopted a more conciliatory tone, appealing to Trump’s vision of an “American golden age” and offering Canada as […]
On day two of President Donald Trump’s tenure in office, he set the tone for his administration with a series of bold moves and announcements across multiple sectors, including foreign policy, criminal justice, economic policy, and technology. The day began with Trump defending his controversial pardons for individuals involved in the Capitol Hill riot on […]
The unexpected victory of Donald Trump in the most recent US election could eventually have a disinflationary effect on the US economy, experts predict, though the path to this outcome may be complex. While the term “disinflationary” refers to a reduction in the rate of inflation, it doesn’t imply outright deflation, but rather a slowing […]
In a major development that has sent ripples across the global trade landscape, European Union (EU) leaders are expressing significant relief following the announcement that the U.S. has decided not to impose additional tariffs on European goods. This decision marks a crucial moment in transatlantic relations, especially after years of contentious trade negotiations and threats […]
President Donald Trump’s second inaugural address, delivered under unusual circumstances, was a pivotal moment in American history. With now-former President Joe Biden seated just feet away, Trump used the opportunity to lay out his agenda while delivering sharp criticisms of the outgoing administration. Here are four major takeaways from the event: Trump wasted no time […]
