Tag #Global Trade

Showing 205 to 216 of 1,180 results

english.kyodonews.net
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Fed Holds Interest Rates Steady Amid Tariff Uncertainty

The U.S. Federal Reserve maintained its key interest rate at 4.25-4.50 percent on Wednesday, citing increased economic uncertainty from President Trump's tariffs despite solid economic activity and labor market conditions; the U.S. economy contracted 0.3 percent in Q1 2025.

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dailymail.co.uk
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Bessent Urges US Investment Amid Trump's Tariff Stance

At the Milken Institute Global Conference, Treasury Secretary Scott Bessent reassured investors that President Trump remains committed to tariffs and urged investment in US manufacturing and job creation, contrasting with critics like Ken Griffin who fear negative impacts on America's global standin...

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nbcnews.com
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Fed Holds Interest Rates Steady Amidst Trump's Pressure and Economic Uncertainty

The Federal Reserve is holding interest rates steady, defying President Trump's calls to lower them, as it navigates the economic uncertainty caused by his trade policies, balancing the risk of rising unemployment against increasing inflation.

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theguardian.com
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Limited US-UK Trade Deal Announced on VE Day

On VE Day, the US and UK announced a limited trade deal reversing some US-imposed tariffs, despite it being less beneficial for the UK than previous offers; both leaders presented it as a major victory for political reasons.

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abcnews.go.com
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Record U.S. Trade Deficit Reaches $140.5 Billion in March 2025

The U.S. March 2025 trade deficit hit a record $140.5 billion, double the previous year's level, due to businesses stockpiling goods ahead of new tariffs, with pharmaceutical imports from Ireland surging $20.9 billion; this contributed to a 0.3% GDP drop in Q1.

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elpais.com
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US Trade Deficit Soars Despite Drop in Chinese Imports

US imports from China fell to $29.4 billion in March 2023, the lowest in five years, due to tariffs; however, the overall US trade deficit hit a record $163.5 billion, as businesses front-loaded purchases, distorting economic data.

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usa.chinadaily.com.cn
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German Firms in China Accelerate Localization Amidst US-China Trade Tensions

A survey of 143 German companies in China reveals that 86% have been affected by recent US trade measures, leading 40% to accelerate localization plans, while investment intentions remain strong despite the trade conflict.

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bbc.com
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Trump Announces Major Trade Deal with Unnamed Country

US President Donald Trump announced a "major trade deal" with an unnamed "big, and highly respected, country," to be detailed in a Washington DC news conference at 10:00 AM, following earlier tariff impositions on multiple trading partners and a 90-day pause.

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dailymail.co.uk
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Bank of England to Cut Rates Amidst US-UK Economic Divergence

The Bank of England is expected to cut interest rates today, contrasting with the Federal Reserve's decision to hold rates steady amidst Trump's tariff-related inflation and recession fears; this divergence reflects differing economic outlooks and political pressures.

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nbcnews.com
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Trump Tariffs Backfire: Higher Costs, Falling Demand Hit US Manufacturers

President Trump's tariffs on imported goods, intended to revive American manufacturing, have instead led to higher costs, falling demand, and job losses for many U.S. manufacturers, prompting some companies to consider moving production overseas while others experience increased domestic sales but a...

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smh.com.au
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US Stocks Sink Amid Tariff Uncertainty and Cooling AI Investment

US stocks fell sharply today, with the S&P 500, Dow Jones, and Nasdaq all experiencing significant declines, primarily attributed to waning investor confidence in AI and uncertainty surrounding President Trump's tariffs, which have led several major companies to revise or halt their financial foreca...

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dailymail.co.uk
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UK-India Trade Deal Sparks Outrage Over Tax Exemption for Indian Workers

The UK-India trade deal, finalized despite Tory criticism, grants Indian workers a three-year National Insurance exemption, sparking outrage amid a recent tax increase for British workers; while reducing tariffs on certain goods, it's criticized for neglecting services and raising food safety concer...

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Showing 205 to 216 of 1,180 results