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Donald Trump delays Canada and Mexico Tariffs 2025-03-07 10:47:33
On Thursday, US President Donald Trump announced a postponement of certain tariffs aimed at Canada and Mexico, prompting Ottawa to suspend a series of countermeasures planned for implementation. This decision has brought a much-needed respite to both businesses and consumers...
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Read MoreUS Federal Reserve cuts Key Interest Rate by 0.25 percent 2024-12-19 07:26:42
The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, signaling a future weakening in interest rates and triggering a sharp selloff in financial markets. Policymakers voted 11-1 to cut the central bank's key interest...
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Read MoreElon Musk asks Donald Trump to Reverse China Tariffs? 2025-04-08 10:19:25
It appears that US President Donald Trump and his wealthy advisor Elon Musk are not aligned regarding America's extensive tariffs, which have reverberated around the world, raising concerns about a potential recession and a global trading conflict. Reports indicate that...
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Read MoreChina Imposes 15% Tariff on Coal, Gas Imports from USA 2025-02-04 14:17:10
Following President Donald Trump's announcement of a 10% tariff on imports from China, the Chinese government responded swiftly by imposing tariffs on various US products and initiating an investigation into Google. This development marks the resurgence of a trade conflict...
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Read MoreDonald Trump's Recession 'Cure' will be Worse than a Disease 2025-03-13 09:15:34
Is there a possibility of categorizing recessions as “good” or “bad,” akin to the distinction between good and bad cholesterol? This query arises as global markets contemplate the potential for a recession in the United States, the foremost economy that...
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Read MoreDonald Trump warns BRICS against Dollar Move 2025-01-31 13:40:17
On Friday, US President Donald Trump issued a stark warning to the BRICS countries, threatening to impose tariffs of 100 percent on their exports should they try to shift away from the US dollar as the leading currency in global...
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