Economic News

United States President Donald Trump

Trump Threatens EU With 50% Tariffs on All Goods – Apple in Crosshairs Too

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🇺🇸 Trump on Social Media: “Our discussions with them are going nowhere! … a straight 50% tariff on the European Union,...

Semiconductors and Pharma Face Pressure: Trump’s Latest Tariff Focus

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President Trump’s latest round of tariff announcements have shaken markets again. First, he paused duties on certain consumer electronics. Now he’s shifting his focus...

US Consumer Sentiment Sinks to Near Record Low

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Consumer confidence in the United States has dropped sharply, again. The University of Michigan’s preliminary April reading places the Index of Consumer Sentiment at...
Inflation USA

US Inflation Cooled in March, but Will It Last?

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US inflation cooled in March, offering consumers brief relief as gasoline and used vehicle prices fell. However, that current trend may reverse as steep...
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Trump Freezes Global Tariffs – Except China, Which Faces 125% Hit

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In a move that caught even his own trade team off guard, President Donald Trump has announced a 90-day pause on higher tariffs for...

Trump’s 50% Tariff Threat Escalates US-China Trade Standoff

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US President Donald Trump has threatened to slap an additional 50% tariff on Chinese goods. The warning by Trump, made on social media, comes...
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Canada’s conservative leader Poilievre vows to fight Trump’s tariffs ‘with fire’

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The leader of the Conservative Party of Canada, Pierre Poilievre, said he would fight Trump's looming tariffs on Canadian goods "with fire." He vowed to...
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Supply chain risks represent a major threat to financial stability

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Volkswagen’s recent crisis highlights how disruption in the supply chain can exacerbate financial risks. Researchers at the Complexity Science Hub (CSH) in Vienna, Austria, and...

U.S. November retail sales rise 0.7%, surpassing expectations

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American shoppers turned out in slightly stronger force than anticipated as the holiday season got underway in November, according to fresh data from the...
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Federal Reserve lowers rates but warns of slower easing in 2025

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The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, moving the target range to 4.25% to...