President Donald Trump is easing some auto-related tariffs in a strategic shift aimed at boosting domestic manufacturing and preserving jobs. The move comes amid growing criticism of the economic impact …
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Business
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As Congress returns to Washington, President Trump’s ambitious budget proposal is encountering early turbulence within his own party. While Republicans control both chambers, deep internal divisions threaten efforts to push …
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India has sharply increased its imports of Russia’s ESPO Blend crude in April, capitalizing on reduced Chinese demand and favorable pricing. Supplies to Indian ports have surged to around 400,000 …
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The UK economy is forecast to slow dramatically over the next two years as Donald Trump’s global tariff policies weigh heavily on business investment and consumer spending, according to a …
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America’s tourism industry is bracing for a staggering $10 billion loss this year as President Donald Trump’s immigration crackdowns and trade policies drive international visitors away. Cheryl, a longtime traveler …
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Treasury Chief Warns U.S.-China Trade War ‘Unsustainable’ as Trump Pushes Fed to Cut Rates
by admin477351In a closed-door speech for JPMorgan Chase, U.S. Treasury Secretary Scott Bessent warned that the escalating trade war with China is “unsustainable” and expects a “de-escalation” between the two global …
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The International Monetary Fund has issued a stark warning about escalating risks to global financial stability, triggered by former US President Donald Trump’s renewed tariff policies. In its latest Global …
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U.S. stock markets tumbled Monday as former President Donald Trump intensified his public attacks on Federal Reserve Chair Jerome Powell, calling him “a major loser” and demanding immediate interest rate …
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Chancellor Rachel Reeves has pushed back against growing pressure to sever economic ties with China, calling such a move “very foolish” as the UK prepares for high-stakes trade discussions with …
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Trump Threatens to Oust Fed Chair Powell Amid Tariff Fallout and Rising Economic Tensions
by admin477351President Donald Trump has reignited a political firestorm by suggesting he could fire Federal Reserve Chair Jerome Powell, citing frustration over interest rates and blaming Powell for not cutting them. …