· 11h
European Central Bank cuts rates by a quarter point to support growth as possible trade war looms
· 13h
European Central Bank cuts rates again as threat of trade war with Trump weighs on economy
· 5h · on MSN
European Central Bank cuts interest rates for sixth time, citing the 'disinflation process'
Chinese artificial intelligence firm iFlyTek is planning to expand its European business as trade tensions rise between the United States and China, Vice President Vincent Zhan said. "The U.S. and China trade war has some impact for us,
Alberta, Canada’s top oil-producing province, is projecting its first budget deficit after four years of surpluses as the prospect of a trade war with the US weighs on the outlook for economic growth and oil revenue.
China on Wednesday set its GDP growth target for 2025 at around 5% as it starts its annual parliamentary meeting amid escalating trade tensions with the U.S. Beijing raised its budget deficit target to expected 4% of GDP,
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, with inflation seemingly stuck and a trade war seen as inevitable.
Major stock markets in the Gulf fell in early trade on Wednesday after the latest round of U.S. tariffs and countermeasures from Canada and China stoked fears of a major global trade war.
Inflation is heating up, a trade war is brewing and American consumers aren’t feeling great about the economy. That’s a toxic mix for businesses.
Target and Best Buy warned shoppers to expect higher prices as a result of President Donald Trump’s escalating trade war.
China is a major importer of American farm products, though its purchases dipped after Trump launched a trade war during his first term in office, and then recovered.
Trump said Thursday that he has postponed 25% tariffs on most goods from Canada and Mexico for a month, amid widespread fears of a broader trade war. A senior Canadian government official confirmed Canada's response tariffs will remain for now.
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