Economy News

Economy

President Trump Announces Auto Tariff Relief to Boost U.S. Automotive Industry and Ease Business Concerns

President Trump plans to ease auto tariffs to support the U.S. automotive industry, offering relief to companies and consumers. The policy includes retroactive refunds and adjustme...

Economy

German Consumer Confidence Set for a Remarkable Upturn This May, Gfk Reports

Gfk reports an anticipated improvement in German consumer confidence for May, signaling a positive economic shift. Details on the factors driving this optimism are forthcoming.

Economy

Vietnam's Economic Horizon: World Bank Predicts 5.8% GDP Growth in 2025 Amid Global Trade Shifts

The World Bank forecasts Vietnam's GDP growth at 5.8% in 2025, highlighting its exposure to global trade shifts. Despite financial sector vulnerabilities and external risks, povert...

Economy

Sharp 5.7% Drop in Q1 Export-Import Cargo Volume Signals Trade Challenges Ahead

The first quarter of 2025 saw a 5.7% drop in national export-import cargo volume, with significant decreases in non-container cargo like crude oil and bituminous coal, signaling po...

Economy

South Korea's Economic Challenge: Per Capita GDP Decline Signals Deepening Low Growth Crisis

The IMF reports a 4.1% drop in South Korea's per capita GDP to $34,642, signaling a low growth crisis. Despite a shrinking population, the economy struggles, with forecasts showing...

Economy

Dramatic 45% Drop in China-U.S. Container Volume Signals Deepening Trade War Impacts

The U.S.-China trade war leads to a 45% drop in container volume, affecting global trade, manufacturing strategies, and political landscapes, with negotiations ongoing to mitigate ...

Economy

Trump Stands Firm on Trade Policies: No Market Downturn Will Change His Stance

US President Donald Trump asserts that no specific market downturn will influence his trade policies, as revealed in an interview with The Atlantic. The discussion also touches on ...

Economy

Trump Defiant: No Specific Market Downturn Will Alter His Trade Policy Stance

President Trump asserts that no specific market downturn will make him alter his trade policies, emphasizing there's no "certain number" that would change his course. The interview...