US Treasury Chief Says Raising China Tariffs Is a Big Mistake
According to Reuters, the U.S. Treasury Secretary, Scott Bessent, said it was a big mistake for China to increase tariffs on American products. He explained during a CNBC interview on…
US Goes Ahead with 104% Tax on Chinese Goods, Says It’s Open to Talk with Other Countries
US Starts 104% Tariffs on China Despite Global Worries – But Says It’s Open to Talk with Others The United States has officially started charging 104% extra taxes (tariffs) on…
China Stands Firm Against Trump’s Tariffs – What Happens Now?
US-China Trade War: Who Will Blink First as Tariff Tensions Escalate? The trade fight between the world’s two biggest economies—China and the United States—is getting more serious. According to BBC,…
Trump Supporter Says Tariffs Could Cause a Big Economic Crash
Billionaire Bill Ackman Warns Trump’s Tariffs Could Crash the Economy – BBC Reports Billionaire businessman and hedge fund manager Bill Ackman, who switched his support to Donald Trump before the…
Trump’s policies put emerging markets in tough spot
“Trump’s Tariffs Force Tough Choices for Developing Nations’ Economies” (Source: Reuters) What’s happening?President Trump’s new tariffs have put emerging market central banks in a no-win situation – they must now…
Oil prices crash as US-China trade war sparks economic worries
Oil Prices Crash as US-China Trade War Sparks Global Recession Fears” (Source: Reuters) What’s happening?Oil prices dropped another 2% Monday, continuing last week’s 7% crash, as the US-China trade war…
The EU wants fair trade rules before Trump possibly returns to power.
EU Tries to Stop Trump’s Trade War – Here’s What’s Happening” (Source: Reuters) The Problem:The US (under Trump’s rules) is charging high taxes on European goods like steel, cars, and…
MTN partners with UK’s Synamedia to start African streaming service
MTN Joins UK Tech Firm to Launch New African Streaming Service – Here’s What You Need to Know” (Source: Reuters) MTN, Africa’s biggest mobile network, has teamed up with Synamedia,…
Trump’s trade taxes shake markets; US stocks face more trouble
Trump’s High Tariffs Shake World Markets, May Push Global Economy Toward Recession – Reuters The world’s stock markets took a hard hit after U.S. President Donald Trump announced steep tariffs…
US Tariffs: China, Japan and South Korea to Fight Back Together
Did Asia’s Top 3 Economies Agree to Fight US Tariffs? China Says Yes, Japan & Korea Deny What Happened? Chinese state media (via a CCTV-linked Weibo account) announced Monday that…