Tag : trade war

Business

Federal Reserve may intervene as bond yields surge

iraqupdate.com
Financial markets experienced heightened turbulence on Wednesday as the latest round of tariffs from U.S. President Donald Trump officially took effect. The move, which has...
Business

Brussels proposes tariff-free pact on industrial products

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The European Commission has formally proposed a zero-tariff agreement on all industrial goods with the United States, signaling a renewed push to de-escalate transatlantic trade...
Business

Nvidia shares fall 9% as tariff fears shake the stock market

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Nvidia's stock fell nearly 9% on Monday following confirmation from U.S. President Donald Trump that tariffs on imports from Canada and Mexico would take effect...
Business

Gold extends rally past $2,950 as investors seek safe-haven assets

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Gold prices have surged past $2,950 per ounce, setting fresh all-time highs as investors turn to safe-haven assets amid heightened economic and geopolitical risks. The...
Business

European Commission says Trump’s tariff strategy disrupts global trade

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The European Commission has expressed strong opposition to U.S. President Donald Trump’s proposed “reciprocal” trade policy, calling it a step in the wrong direction. The...
Featured News

EU considers countermeasures if US imposes new trade tariffs

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The European Commission has requested further clarification regarding U.S. President Donald Trump's recent announcement of imminent tariffs on steel and aluminum exports from European Union...
Featured News

UK growth forecast slashed as Bank of England lowers rates

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The Bank of England (BoE) announced its first interest rate cut of 2025 on Thursday, reducing the benchmark rate by 25 basis points to 4.5%....
Featured News

US-EU trade tensions rise as Trump hints at fresh tariffs soon

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U.S. President Donald Trump has signaled impending trade tariffs on the European Union and the United Kingdom while hinting that a trade deal with Britain...
Featured News

Beijing strikes back as U.S. imposes 10% tariffs on Chinese imports

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China has announced retaliatory economic measures against the United States following the implementation of 10% tariffs on Chinese imports by the administration of U.S. President...