Economy News

Economy

Mexico Announces Retaliatory Measures Against US Tariffs: A Bold Move in Economic Defense

Mexican President Claudia Sheinbaum announces retaliatory measures, including tariff and non-tariff actions, in response to US tariffs on Mexican imports, amidst allegations of col...

Economy

Canada Strikes Back: Imposes 25% Tariffs on $155 Billion of US Goods

Canadian Prime Minister Justin Trudeau announces a 25% tariff on $155 billion of US imports in response to President Trump's tariffs on Canadian goods. The move affects a wide rang...

Economy

China Vows Strong Countermeasures Against New US Tariffs, Calls for Dialogue

China strongly opposes the new US tariffs on Chinese goods, labeling them a violation of WTO rules. The Chinese Ministry of Commerce calls for dialogue and cooperation, plans to fi...

Economy

ECB's Knot Predicts US Tariffs to Spark Inflation and Higher Interest Rates

ECB's Klaas Knot warns that new US tariffs under President Trump could lead to inflation and higher interest rates in the US, potentially weakening the euro. Europe, as a major tra...

Economy

Panama Steps Back from China's Belt and Road Initiative Following US Diplomatic Engagement

Panama decides against renewing its Belt and Road Initiative agreement with China following discussions with US Secretary of State Marco Rubio, focusing on sovereignty, security, a...

Economy

January Marks a Turning Point: Australian Manufacturing Sector Shows Signs of Recovery

Australian manufacturing activity shows signs of recovery in January with the PMI rising to 50.2, indicating growth for the first time in a year. This is attributed to a softer dec...

Economy

Mexico Strikes Back: Implements Retaliatory Measures Against US Tariffs

Mexico announces retaliatory measures against US tariffs, defending its economic interests and rejecting US allegations of government collusion with criminal organizations. Preside...

Economy

Canada Strikes Back: Imposes 25% Tariffs on Select US Goods in Retaliation

Canada responds to US tariffs with a 25% tariff on $155 billion worth of American goods, affecting products like beer, wine, and clothing, with a phased implementation to allow adj...