Economy News

Economy

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

Canada responds to US tariffs with a 25% duty on $155 billion of American imports, targeting various sectors. The phased implementation aims to minimize economic disruptions, with ...

Economy

China Vows Strong Countermeasures Against US Tariffs, Escalating Trade Tensions

China opposes US tariffs, labeling them a WTO rule violation, calls for dialogue, and plans WTO lawsuit and countermeasures to protect its interests.

Economy

ECB's Knot Warns: US Tariffs to Spark Inflation, Higher Interest Rates

ECB's Klaas Knot warns that US tariffs could lead to inflation, higher interest rates, and a weaker euro, emphasizing the harmful effects of trade wars and potential economic spill...

Economy

US Spirits Industry Calls for Constructive Dialogue Amid Rising Tariffs on Mexican and Canadian Imports

US spirits industry leaders express concerns over new tariffs on Mexican and Canadian imports, urging for constructive dialogue to maintain a thriving North American spirits market...

Economy

Mexico Strikes Back: Implements Tariff and Non-Tariff Measures Against US Trade Policies

Mexico responds to US tariffs with its own set of measures, rejecting US allegations and implementing strategic economic actions to protect its interests. President Sheinbaum criti...

Economy

ECB's Knot Alerts: US Tariffs to Spark Inflation and Interest Rate Hikes

ECB official Klaas Knot warns that US tariffs under President Trump will lead to inflation and higher interest rates in the US, potentially weakening the euro. Knot emphasizes the ...

Economy

Trump Announces 'Golden Age' for America with New Protectionist Policies

US President Donald Trump announces the beginning of a 'Golden Age of America' through new protectionist tariff policies, aiming to strengthen the economy by focusing on domestic p...

Economy

Trump Imposes 25% Tariff on Mexico to Combat Drug Trafficking and Cartel Alliances

President Trump imposes a 25% tariff on Mexican imports to combat drug trafficking and force Mexico's cooperation against cartels, highlighting threats to U.S. national security an...