Economy News

Economy

Breaking: Trump's New Tariff Strategy to Impact Countries and Industries Differently

The White House plans to implement new tariffs differentiated by country and industry, with rates of 10%, 15%, and 20%. President Trump is set to announce the details, marking a pi...

Economy

ECB's Rehn Warns: Rising Trade Protectionism Poses Significant Risk to Eurozone's Economic Outlook

ECB's Olli Rehn warns of trade protectionism's threat to the Eurozone economy as U.S. tariffs loom. Despite a weak growth outlook, the disinflationary process continues, with the E...

Economy

ECB's Lagarde Warns: Trump's New Tariffs Could Harm the Global Economy

ECB President Christine Lagarde warns that President Trump's incoming tariffs could negatively affect the global economy, highlighting the uncertainty and its impact on US market i...

Economy

ECB's Schnabel Warns: Trade Fragmentation Poses Significant Risks to Global Economic Growth

ECB's Isabel Schnabel discusses the harmful effects of trade fragmentation on the economy, highlighting the rise in geopolitical uncertainty and its impact on markets and defense s...

Economy

US Manufacturing Sector Shows Resilience with a 0.6% Increase in Factory Orders in February

The US manufacturing sector showed signs of strength in February with a 0.6% increase in factory orders, surpassing analysts' expectations. Shipments and inventories also saw growt...

Economy

US Strengthens Sanctions Against Russia-Linked Entities Amid Ukraine Conflict

The US Treasury has imposed new sanctions on individuals and entities tied to Russia's military efforts in Ukraine, including a Hong Kong-based company, amid discussions about easi...

Economy

US Crude Oil Inventories Surge by 6.2M Barrels, Refining Rates Dip Amidst Rising Imports

The EIA reports a 6.2 million barrel increase in US commercial crude oil inventories to 439.8 million barrels, with refinery inputs decreasing and imports rising, reflecting signif...

Economy

Mexico's Strategic Economic Response: Sheinbaum Rejects Tit-for-Tat Tariffs Against US

Mexican President Claudia Sheinbaum announces Mexico will not impose retaliatory tariffs against the US, opting for a strategic economic response. She emphasizes ongoing discussion...