Economy News

Economy

ECB's Knot Foresees Inflation Surge from US Tariffs, Warns of Euro's Vulnerability

ECB's Klaas Knot warns that US tariffs under President Trump could lead to higher inflation and interest rates in the US, potentially weakening the euro. He emphasizes the negative...

Economy

EU Prepares to Strike Back as Trump Eyes European Goods for Tariffs

The European Union warns of a firm response if the US imposes tariffs on EU products, following President Trump's tariffs on Canada, Mexico, and China. The EU criticizes these meas...

Economy

China Vows Countermeasures Amidst US Tariff Imposition: A Trade War Escalation

China strongly opposes the new US tariffs on Chinese goods, labeling them a violation of WTO rules. The Chinese Ministry of Commerce has called for dialogue and cooperation, warnin...

Economy

Trump Imposes Tariffs on Canada to Combat Drug Trafficking and Enhance Border Security

President Trump has imposed tariffs on Canadian goods and energy resources to pressure Canada into cooperating on drug trafficking and border security issues. The White House cites...

Economy

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

The US spirits industry, along with Canadian and Mexican counterparts, expresses concern over new tariffs, fearing harm to the North American spirits market. They call for dialogue...

Economy

Trump Imposes 25% Tariff on Mexico to Combat Drug Trafficking Alliance

The White House has imposed a 25% tariff on Mexican imports to combat drug trafficking, citing Mexican cartels as major contributors to the U.S. drug crisis. This measure aims to f...

Economy

China Vows Strong Countermeasures Against US Tariffs, Calls for Dialogue

China strongly opposes the new US tariffs on Chinese goods, viewing them as a violation of WTO rules. It calls for dialogue and cooperation, plans legal action, and vows countermea...

Economy

Trump Imposes 25% Tariffs on Mexico to Combat Drug Trafficking and Secure US Borders

President Trump enforces 25% tariffs on Mexican imports to pressure Mexico into combating drug cartels, aiming to protect US national security and public health from the drug crisi...