U.S. tariffs - Page 2

April 30, 2025

U.S. West Coast Shipments to Plunge Due to Trump’s Tariffs

Shipments from China to the West Coast of the U.S. are set to plummet next week, as President Donald Trump’s tariffs prompt companies to reduce their import orders. Gene Seroka, executive director

July 4, 2025

Indonesia Offers U.S. Trade Deal With Wheat Buy, Tariff Cuts

Jakarta proposes near-zero tariffs and $500M wheat deal to ease tensions Indonesia has made a bold offer to the United States in a bid to ease trade tensions: the Southeast Asian nation

April 21, 2025

China Slams U.S. Tariffs, Warns Against Deals at Its Expense

China escalated its rhetoric on Monday, accusing the United States of abusing tariffs and warning countries against entering trade deals with the U.S. that harm China’s interests. The latest remarks, coming from

Swiss Economy Grows 0.8% in Q1 Amid U.S. Tariff Concerns

by Jamie Spencer

The Swiss economy experienced a growth rate of 0.8% in the first quarter of 2025, marking its fastest quarterly expansion in two years. The surge was driven by a rush in exports

June 2, 2025

China’s Factory Activity Faces Pressure Amid Trade Tensions

by Jamie Spencer

China’s factory activity likely contracted for a second consecutive month in May, signaling ongoing struggles amidst trade tensions with major export markets, according to a Reuters poll released on Friday. The factory

May 30, 2025

IMF Upgrades UK Growth Forecast Amid Fiscal Challenges

by Jamie Spencer

The UK economy is expected to grow slightly more than previously anticipated in 2025, with the International Monetary Fund (IMF) forecasting a 1.2% growth this year and a slight increase to 1.4%

May 27, 2025

Wall Street Rallies as Trump Delays EU Tariffs

by Jamie Spencer

Wall Street stocks surged on Tuesday after U.S. President Donald Trump stepped back from his threat to impose 50% tariffs on European Union imports, easing trade tensions and boosting market sentiment as

May 27, 2025

China’s Industrial Profits Improve, but Challenges Remain

by Jamie Spencer

China’s industrial profits showed positive growth in April, offering hope that recent stimulus efforts are helping to stabilize the economy amid rising trade tensions with the United States. Official data released on

May 27, 2025

Volvo Cars to Lay Off 3,000 Jobs Amid Restructuring Efforts

by Jamie Spencer

Volvo Cars announced plans to cut 3,000 mostly white-collar jobs as part of a restructuring effort aimed at reducing costs and adapting to a slowdown in electric vehicle demand and ongoing trade

May 26, 2025

Asian Economies Urged to Avoid Retaliatory Tariffs

by Jamie Spencer

As global trade tensions rise, Asian economies are urged to adopt strategic measures to avoid a damaging cycle of retaliatory tariffs. Edward Robinson, the deputy managing director of the Monetary Authority of

May 23, 2025

UK Inflation Rises to 3.5% in April, Exceeding Expectations

by Jamie Spencer

The United Kingdom’s annual inflation rate reached 3.5% in April, surpassing analyst predictions, as the latest data released by the Office for National Statistics (ONS) revealed. Economists had forecasted the consumer price

May 21, 2025

China Cuts Key Lending Rates Amid Economic Stimulus Efforts

by Jamie Spencer

China cut its key lending rates by 10 basis points on Tuesday, signaling an effort to boost its economy amid a stronger yuan and easing trade tensions. The People’s Bank of China

May 20, 2025

Canada Inflation Shows Mixed Results, Rate Cut Likely

by Jamie Spencer

Headline inflation in Canada slowed in April, mainly due to a drop in gasoline prices, following the elimination of the federal carbon tax. The overall consumer price index (CPI) decelerated to 1.7%

May 20, 2025

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U.S. tariffs - Page 2