Tag: Global economy
Europe Chemicals and Steel Industry Impacted by China Tariffs
Europe's chemicals and steel industry is feeling the heat due to China's tariffs, leaving them squeezed and struggling to stay afloat. As the latest earnings season unfolds, it's become clear that the continent's materials...
China’s Parliament Optimistic Amid Tariffs and Headwinds
China's Parliament Stays Strong Amid Trade ChallengesThe National People's Congress is in full swing, with Chinese Premier Li Qiang expressing optimism and resilience in the face of economic headwinds. Against the backdrop of an...
Analyzing Trump’s Tariffs: Insights from Moody’s Chief Economist
Mark Zandi, the chief economist at Moody's, recently delved into the far-reaching implications of President Trump's tariffs on Canadian and Mexican goods in a conversation with NPR's Leila Fadel. In this insightful discussion, Zandi...
NATO Members in Europe Face Economic Consequences
Europe's NATO members are facing significant economic challenges as they grapple with the need to increase defense spending. The North Atlantic Treaty Organization (NATO) has long been a cornerstone of international security, but with...
Trump warns of retaliatory tariffs on foreign nations
President Trump is contemplating a bold move that could reshape the global economy as we know it. The President announced his intention to impose retaliatory tariffs on foreign nations, warning that the United States...
China retaliates with $14bn tariffs on US goods
China has responded to the ongoing trade tensions with the United States by imposing $14 billion in tariffs on American goods. This move comes as part of the escalating trade war between the two...
US-China Trade War Escalates Ahead of Tariff Deadline
The US-China Trade War Intensifies as Tariff Deadline ApproachesAs tensions between the United States and China continue to escalate, the looming deadline for new tariffs has put the global economy on edge. The trade...
Trump Considers Imposing Tariffs on Japan
President Trump is considering imposing tariffs on Japan, a move that could have significant implications for global trade. The potential decision has sparked a heated debate among economists, policymakers, and industry leaders, with opinions...