tariffs News

US Economy Faces Setback: GDP Drops 0.3% in Q1 2025 Amid Rising Tariffs and Inflation

The US GDP fell by 0.3% in Q1 2025, the first decline since 2022, due to increased imports and reduced federal spending. Consumer demand remained strong, but inflation pressures gr...

Vietnam and US Set to Embark on Crucial Trade Negotiations Amidst Global Economic Shifts

Vietnam and the U.S. are preparing for important trade negotiations, with Vietnam recognized as a key partner. Discussions aim to address tariffs and strengthen bilateral trade, am...

ECB's Cipollone Warns: Trump's Tariffs Could Deeply Impact Global Economy and Stability

ECB's Piero Cipollone warns that Trump's tariffs could have a significant impact on the global economy, highlighting risks of Western bloc fragmentation and long-term consequences ...

Sharp Decline in US Consumer Confidence Signals Impending Economic Recession

US consumer confidence has sharply declined in April, reaching its lowest since the early days of the COVID-19 pandemic. The Expectations Index hit a 13-year low, indicating potent...

Amazon Clarifies No Tariff Display Plans on Main Site Amid White House Criticism

Amazon denies plans to display import tariffs on its main site after White House criticism, clarifying the consideration was only for its discount storefront, Amazon Haul. The comp...

Sharp Decline in US Consumer Confidence Signals Impending Economic Recession

US consumer confidence plummeted in April to its lowest since the COVID-19 pandemic began, with the Expectations Index hitting a 13-year low, signaling a potential recession. Risin...

Amazon to Unveil Tariff Costs on Products: A Transparency Move Under Trump's Trade Policies

Amazon is introducing a feature to show how much of a product's price is due to tariffs under Trump's policies, aiming for greater transparency ahead of its earnings report.

Amazon to Reveal Tariff Costs on Products: A Move Towards Transparency Under Trump's Policies

Amazon is introducing a feature to show how much of a product's price is due to tariffs under Trump's policies, aiming for greater transparency. This move comes as the company revi...

Amazon to Reveal Tariff Costs on Products: A Transparency Move Amid Trump's Trade Policies

Amazon is introducing a feature to show how much of a product's price is due to tariffs, enhancing transparency for consumers. This comes as the company evaluates the impact of tra...

ECB's Cipollone Warns of Significant Economic Impact from Trump's Tariffs

ECB's Piero Cipollone warns of the material effects of Trump's tariffs on the global economy, highlighting risks of fragmentation and long-term impacts on growth and stability.

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...

Trump Stands Firm on Trade Policies Amid Market Volatility and Recession Fears

President Donald Trump, in an interview with The Atlantic, stated that no specific market downturn or economic indicator would make him change his trade policies, highlighting his ...

Trump Defiant on Trade Policy: No Market Downturn Will Sway His Stance

US President Donald Trump insists no market downturn will change his trade policies, stating there's no "certain number" that would sway his stance, during an interview with The At...

Trump Stands Firm on Trade Policies, Dismisses Recession Fears in Exclusive Interview

US President Donald Trump, in an interview with The Atlantic, stated that no economic downturn or market fluctuation would make him change his trade policies, emphasizing there's n...

Gold Prices Take a Hit as US-China Trade War Tensions Show Signs of Thawing

Gold prices fell over 1% as easing US-China trade tensions reduced safe-haven demand. US hints at tariff discussions, while China waives some tariffs on US products but denies ongo...

Gold Prices Take a Hit as US-China Trade Relations Show Signs of Thawing

Gold prices fell over 1% as easing US-China trade tensions reduced safe-haven demand. President Trump hinted at tariff discussions, while China waived some US product tariffs but d...

Trump Stands Firm on Trade Policies Amid Market Volatility, Dismissing Recession Fears

President Trump asserts that no specific market downturn or recession threat will influence his trade policy decisions, maintaining his stance despite Wall Street's concerns. The i...

Gold Prices Take a Hit: 1% Drop as US-China Trade War Tensions Show Signs of Thawing

Gold prices fell over 1% as easing US-China trade tensions reduced safe-haven demand. President Trump hinted at tariff discussions, while China waived some US product tariffs but d...

Trump Stands Firm on Trade Policies: No Market Indicator Will Change His Course

President Trump asserts no market condition will alter his trade policies, highlighting his resilience in the face of economic predictions during an interview with The Atlantic.

Gold Prices Take a 1% Dive as US-China Trade War Tensions Show Signs of Thawing

Gold prices dropped over 1% as easing US-China trade tensions reduced safe-haven demand. Trump's potential policy shift and China's tariff exemptions on US products signal a thaw, ...

Global Nations Seek Goldman Sachs' Wisdom Amid Escalating Trade War Tensions

Countries including France, Saudi Arabia, South Africa, and Japan have consulted Goldman Sachs for advice on navigating the ongoing trade war. South Africa was advised to amend its...

Gold Prices Drop Over 1% as US-China Trade War Tensions Show Signs of Easing

Gold prices fell over 1% as US-China trade tensions ease, reducing safe-haven demand. President Trump hints at policy shift, while China waives some US product tariffs but denies o...

Exclusive: China Firmly Denies Recent Trump-Xi Phone Call Amid Trade Talks Speculation

Chinese officials deny any recent phone call between President Xi Jinping and Donald Trump, contradicting Trump's claims. China also states there are no ongoing tariff discussions ...

Gold and Precious Metals Dip as US-China Trade Talks Spark Market Optimism

Precious metals prices declined as optimism grew over US-China trade talks, with gold dropping by 1.08%. China's reported removal of tariffs on US semiconductors added to positive ...

EU and US Engage in Productive Dialogue on Tariffs and Ukraine Support Amidst Global Economic Challenges

European Trade Commissioner Valdis Dombrovskis and US Treasury Secretary Scott Bessent held cordial talks focusing on tariffs and macroeconomic policies, with a strong emphasis on ...

European Markets Rally on Optimism Over Easing Global Trade Tensions

European stock markets closed higher amid hopes of easing global trade tensions, fueled by President Trump's announcements on trade deals. However, uncertainty remains over the fin...

Gold Prices Dip Over 1% as US-China Trade Talks Spark Market Optimism

Gold prices fell by over 1% amid optimism from US-China trade talks and reports of China removing some tariffs on US semiconductors, affecting other precious metals as well.

European Markets Rally as Trade War Fears Ease: A Closer Look at Friday's Gains

European stock markets closed higher on Friday amid hopes of easing global trade tensions, with notable gains in the DAX and Euro Stoxx 50. President Trump's updates on trade deals...

Gold and Precious Metals See a Dip as US-China Trade Talks Spark Market Optimism

Precious metals prices declined as optimism over US-China trade talks grew, with gold dropping by 1.08%. Silver, platinum, and palladium also saw decreases, reflecting market react...

Gold Prices Dip Over 1% as US-China Trade Talks Spark Market Optimism

Precious metals prices declined as optimism over US-China trade talks grew, with gold dropping over 1%. Silver, platinum, and palladium also saw decreases, reflecting a broader mar...

Gold and Precious Metals Dip as US-China Trade Talks Spark Market Optimism

Precious metals prices declined as optimism over US-China trade talks grew, with gold dropping over 1%. Reports of China removing some tariffs on US semiconductors added to the pos...

Canadian PM Mark Carney Defiantly Counters Trump's Threat to Exclude Canada from North American Auto Industry

Canadian Prime Minister Mark Carney responds to US President Donald Trump's threat to exclude Canadian cars from the North American auto market, asserting Canada's sovereignty over...