As Congress returns to Washington, President Trump’s ambitious budget proposal is encountering early turbulence within his own party. While Republicans control both chambers, deep internal divisions threaten efforts to push …
Business
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India has sharply increased its imports of Russia’s ESPO Blend crude in April, capitalizing on reduced Chinese demand and favorable pricing. Supplies to Indian ports have surged to around 400,000 …
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Business
Trump’s Tariffs Trigger Sharp UK Slowdown Amid Record Low Economic Confidence
by admin477351The UK economy is forecast to slow dramatically over the next two years as Donald Trump’s global tariff policies weigh heavily on business investment and consumer spending, according to a …
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America’s tourism industry is bracing for a staggering $10 billion loss this year as President Donald Trump’s immigration crackdowns and trade policies drive international visitors away. Cheryl, a longtime traveler …
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Business
Treasury Chief Warns U.S.-China Trade War ‘Unsustainable’ as Trump Pushes Fed to Cut Rates
by admin477351In a closed-door speech for JPMorgan Chase, U.S. Treasury Secretary Scott Bessent warned that the escalating trade war with China is “unsustainable” and expects a “de-escalation” between the two global …
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The International Monetary Fund has issued a stark warning about escalating risks to global financial stability, triggered by former US President Donald Trump’s renewed tariff policies. In its latest Global …
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U.S. stock markets tumbled Monday as former President Donald Trump intensified his public attacks on Federal Reserve Chair Jerome Powell, calling him “a major loser” and demanding immediate interest rate …
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Business
Market Turmoil Deepens as Export Limits Shake Tech Giants Amid Trade War Uncertainty
by admin477351U.S. stock markets tumbled on Wednesday as mounting concerns over new export restrictions and the escalating trade war under President Trump sent shock waves through investor sentiment. The S&P 500 …
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Business
Trump Floats Relief for Automakers, Targets Semiconductors and Pharma in New Tariff Push
by admin477351pose new levies on semiconductors and pharmaceuticals. Speaking from the White House on Monday, Trump acknowledged that automakers sourcing parts from Canada and Mexico need more time to restructure …
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The World Trade Organization (WTO) has issued a stark warning that former U.S. President Donald Trump’s sweeping tariffs could reverse global trade progress and stall economic growth in 2025. Once …