Economy News

Economy

Fitch Warns: US-China Trade De-escalation Far from Normalization, Risks Remain

Fitch Ratings warns that recent US-China trade de-escalation does not indicate normalization, citing ongoing uncertainties and risks to global trade and supply chains. The agency n...

Economy

President Trump Urges Federal Reserve to Slash Interest Rates Following Global Trends

President Donald Trump urges the Federal Reserve to cut interest rates, citing no inflation and lower prices in essential goods. This comes after a report showing a slight decrease...

Economy

Trump Extends Olive Branch to Iran, Demands End to Nuclear Program in Bold Move

US President Donald Trump offers Iran a chance for renewed diplomacy, demanding an end to its nuclear program. He warns of reimposing sanctions and reducing oil exports to zero if ...

Economy

President Trump Advocates for Peace: US Intensifies Efforts to Resolve Ukraine-Russia Conflict

President Donald Trump, speaking at the US-Saudi Investment Forum, highlighted the US's efforts to mediate the Ukraine-Russia conflict, with Secretary Marco Rubio attending upcomin...

Economy

President Trump Expresses Hope for Saudi Arabia to Join the Abraham Accords at Saudi-US Investment Forum

President Donald Trump expressed his hope for Saudi Arabia to join the Abraham Accords during the Saudi-US Investment Forum, calling it a dream that would significantly benefit the...

Economy

China Announces Significant Reduction in Tariffs on US Imports Starting May 14

China has announced a major reduction in tariffs on US imports, effective May 14, following recent trade talks. Tariffs will drop from 34% to 10%, with a 90-day suspension on plann...

Economy

US Inflation Dips Slightly to 2.3% in April, Surprising Analysts with Lower Than Expected Figures

The US annual inflation rate slightly decreased to 2.3% in April, below analysts' expectations. Shelter and energy prices were the main contributors to the monthly CPI increase, wh...

Economy

Trump's Tariff Strategy: A Closer Look at Fentanyl Progress and Trade Deficit Reduction

US Trade Representative Jamieson Greer discusses President Trump's conditional approach to adjusting China tariffs based on fentanyl crisis progress, emphasizing efforts to reduce ...