US President Donald Trump has announced a dramatic increase in tariffs on all Chinese imports, set to reach 104% starting Wednesday (local time), as confirmed by White House Press Secretary …
Trade
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Stock Markets Rebound After Tariff Announcements Global stock markets are experiencing a recovery following significant declines instigated by President Donald Trump’s recent announcement of substantial tariff increases on imported goods …
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Tens of thousands of foreign cars are reportedly stranded at US ports as a result of newly imposed tariffs by President Donald Trump on automobile imports. Last week, Trump introduced …
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The Australian Financial Review reports that concerns about a potential recession in the US could result in a staggering loss of over $114 billion today. Last Friday, Australian shares plummeted, …
- Politics
Tariffs Set to Drive Up Prices on Sneakers, Jeans and Nearly All American Apparel, Warns Industry Associations
by adminAs students head back to school, US families are likely facing higher costs for new shoes and clothing due to tariffs imposed by President Donald Trump on top exporting countries. …
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Less than a day after Donald Trump’s party faced losses in Wisconsin and a disappointing performance in Florida, the former president reaffirmed his position with an unexpected move: imposing stringent …
- World
Markets Dive as S&P 500 Drops 6% and Dow Falls 2,200 Points Amid Intensifying Crisis Since COVID
by adminWall Street is currently grappling with its most significant crisis since the onset of COVID-19, escalating dramatically last Friday. The S&P 500 index saw a sharp decline of 6% after …
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The trade relationship between Australia and the United States has been quite significant, although not as robust as with major partners like China or Japan. In 2023, the US accounted …
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The Trump administration’s approach to calculating tariffs has drawn criticism for its lack of reciprocity. Instead of matching tariffs on a dollar-for-dollar basis, which involves detailed analysis of each country’s …
- World
Mexico Cheers as It Evades Latest US Tariffs, Yet Feels the Impact of the Global Economy
by adminMexico has recently celebrated its success in avoiding additional tariffs from the United States amid a broader trade campaign aimed at multiple countries worldwide. President Claudia Sheinbaum credited the robust …