Tag: economy

US Federal Reserve Warns of Tariff Impact as Growth Forecast is Cut

Declaring that President Donald Trump's tariffs are "clearly" driving up prices, the US Federal Reserve has lowered its…

India at a Crossroad: Will It Embrace Openness or Retreat into Protectionism?

Often in times of crisis, India has turned to economic changes; the most well-known instance of this is…

China’s Spending Spree: Will It Revive the China Economy?

The Chinese government has introduced economic policies to boost domestic consumption and revitalize its lagging economy, including expanded…

Trade War Escalates: How Will the World Respond?

Following his most recent action to apply import taxes on steel and aluminum entering the US, US President…

Is Donald Trump Leading the US into a Recession?

Donald Trump assured voters he would bring in a fresh period of prosperity throughout his last year of…

US Steel and Aluminium Tariffs Take Effect: What Are the Global Repercussions?

Officially launched, US President Donald Trump's tariffs on imports of steel and aluminum have caused friction with some…

Stock Markets Plunge Amid Concerns Over Trump’s Tariffs

Rising worries on the negative economic impact of President Donald Trump's tariffs have caused stock markets in the…

Trump Set to Announce Tariff Reduction Deal with Canada and Mexico

US Commerce Secretary Howard Lutnick has indicated that President Donald Trump will "probably" announce a deal on Wednesday…

China and the U.S.: Is a Full-Scale Trade War Inevitable?

China has made it clear that it is willing to fight back in response to the latest trade…

China Targets 5% Growth Amid US Trade War and Economic Challenges

China has set an economic growth target of "around 5%" for this year and has pledged to inject…

Trump’s Tariff Gamble: Will It Boost the Economy or Backfire?

Former President Donald Trump has been threatening significant tariffs on Canada and Mexico, America's two biggest trading partners,…

Trump Escalates Trade War with New US Tariffs on China, Mexico, and Canada

Former US President Donald Trump has announced plans to impose a new 10% tariff on Chinese goods, escalating…