China has retaliated against the US by imposing a 125% tariff on US goods, following the White House's additional tariff increase on Chinese imports. The move, criticized by China'...
A technical glitch in the US system for tariff exemptions has impacted freight shippers, with cargo en route to US ports being exempt under the "on water" clause. US Customs advise...
Federal Reserve Bank of Boston President Susan Collins discusses the Fed's readiness to stabilize financial markets amid trade war volatility, emphasizing tools at their disposal a...
British Chancellor Rachel Reeves reaffirms her commitment to not raise income tax, VAT, or National Insurance, despite economic pressures and a reduced growth forecast for 2025.
U.S. Trade Representative Jamieson Greer discusses upcoming trade talks with Taiwan and Israel, emphasizing the need to diversify U.S. exports and reduce reliance on Chinese import...
BlackRock CEO Larry Fink warns the U.S. might already be in a recession, citing economic deterioration and trade tensions. Client anxiety grows amid global market uncertainty.
Federal Reserve Bank of St. Louis President Alberto Musalem warns of potential inflation resurgence due to new tariffs, despite a softening labor market. Concerns include limited d...
Federal Reserve Bank of New York President John Williams predicts Trump's tariffs could push U.S. inflation to 3.5%-4%, with GDP growth slowing below 1% and unemployment rising. De...
