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trade policy

trump-expands-tariffs-to-strengthen-u.s.-industry

Trump Expands Tariffs to Strengthen U.S. Industry

U.S. Commerce Secretary Howard Lutnick reaffirmed that President Donald Trump’s expanded 25% tariffs on steel and aluminum will remain in place until domestic production is significantly strengthened. Additionally, Trump is set to
2 months ago
U.S. Recession Risk Rises Amid Tariff Uncertainty

U.S. Recession Risk Rises Amid Tariff Uncertainty

The likelihood of a U.S. recession in 2025 has increased to approximately 40%, with potential long-term consequences for the country’s investment standing, according to J.P. Morgan’s chief economist Bruce Kasman. Speaking in
2 months ago
trump-doubles-canada-tariffs,-markets-react

Trump Doubles Canada Tariffs, Markets React

U.S. President Donald Trump announced on Tuesday that he will double tariffs on imported steel and aluminum from Canada to 50%, escalating an already tense trade standoff. The move, effective Wednesday, also
2 months ago
u.s.-consumer-sentiment-falls-amid-inflation-concerns

U.S. Consumer Sentiment Falls Amid Inflation Concerns

American consumers reported a dimmer outlook on the economy in February as inflation expectations rose sharply for the second consecutive month, driven by uncertainty surrounding President Donald Trump’s trade policy. Consumer Sentiment
3 months ago