Rising tariffs and inflation fears drive sharp drop in U.S. confidence
U.S. consumer confidence sinks to early pandemic levels as inflation and tariffs fuel recession fears among Americans....
Tag : tariffs
Brussels proposes tariff-free pact on industrial products
The European Commission has proposed a zero-tariff deal on industrial goods to the US, aiming to ease trade tensions as Trump’s tariffs on EU imports...
US-EU trade tensions rise as Trump hints at fresh tariffs soon
Trump warns tariffs on the EU and UK are imminent, citing trade imbalances, but signals Britain may negotiate a deal to avoid levies. EU vows...
Beijing strikes back as U.S. imposes 10% tariffs on Chinese imports
China imposes new tariffs on U.S. goods, launches an antitrust probe into Google, and files a WTO complaint, escalating trade tensions after Trump’s latest tariff...
US inflation persists as Trump’s tariff threats add economic concerns
Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price...
Wall Street rallies on softer-than-feared Trump trade policies
The Dow surged 244 points as President Trump’s softer tariff approach reassured investors, with major indices rising on tempered fears over potential trade conflicts....
Dow jumps 351 points as chip stocks rally following Foxconn revenue report
U.S. stocks rallied Monday, with the Dow up 351 points and Nasdaq gaining 1.8% as chipmakers surged following Foxconn’s record revenue. Investors await economic data...
US launches investigation into China’s semiconductor industry practices
The US launched a probe into China’s semiconductor industry over alleged anti-competitive practices, raising concerns about trade policies and supply chain vulnerabilities....
China retaliates against Canada with canola investigation amid EV dispute
In a tit-for-tat response to Canada’s EV tariffs, China has begun investigating Canadian canola imports, threatening to exacerbate trade tensions between the two nations....
Canada imposes heavy tariffs on Chinese EVs as trade tensions rise
Canada sets significant tariffs on Chinese EVs to protect jobs and counteract unfair trade practices, aligning with global economic strategies....