Economy News

Economy

Breaking: US May Slash China Tariffs to 50% in Groundbreaking Trade Negotiation Move

The US is considering reducing tariffs on Chinese imports from 145% to between 50% and 54%, potentially easing trade tensions and benefiting retailers ahead of the holiday season. ...

Economy

Trump Announces Groundbreaking $6B Tariff Boost in Historic UK-US Trade Deal

US President Donald Trump announces a significant trade deal with the UK, expected to boost US tariff revenue by $6 billion and open new markets for American agriculture and manufa...

Economy

Historic Trade Breakthrough: UK-US Deal Slashes Car Tariffs to 10%, Boosting Bilateral Ties

British Prime Minister Keir Starmer announced a groundbreaking UK-US trade deal, reducing car tariffs from 27.5% to 10% for 100,000 vehicles and eliminating steel and aluminum tari...

Economy

Bank of Canada Highlights Unpredictable US Tariffs as Major Threat to Financial Stability

The Bank of Canada warns that US tariffs pose significant financial risks due to their unpredictability and potential for severe economic consequences, including market volatility ...

Economy

Trump Celebrates Historic UK-US Trade Deal: A New Era of Economic Partnership Begins

President Donald Trump announces a groundbreaking trade deal with the UK, enhancing US export access and reducing trade barriers, marking a new era in US-UK economic relations.

Economy

UK Prime Minister Keir Starmer Announces Groundbreaking US Trade Deal to Boost Economy and Jobs

UK Prime Minister Keir Starmer has announced a new trade deal with the US aimed at boosting trade, protecting jobs, and opening new markets, marking a significant step in UK-US eco...

Economy

US Natural Gas Storage Surges: A 104 Bcf Weekly Increase Shakes Market

The US natural gas inventories saw a weekly increase of 104 Bcf, reaching 2,145 Bcf, as reported by the EIA. Despite a yearly decline, stockpiles remain above the five-year average...

Economy

Fed Chair Powell Issues Stark Warning: Tariffs May Spike Inflation and Stunt Economic Growth

Federal Reserve Chair Jerome Powell warns that escalating tariff policies could lead to higher inflation and slower economic growth, as the Fed decides to hold interest rates stead...