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Keywords: Tariffs
Spain’s central bank has revised its 2025 economic growth forecast downward, citing the impact of US tariffs and the risk of a global economic slowdown. The Bank of Spain now predicts the country’s GDP will grow by 2.4% this year, a reduction from its earlier estimate of 2.7%. The decision......
President Donald Trump announced that a trade agreement with China has been finalized. Under this deal, China will provide magnets and rare earth minerals, while the U.S. will permit Chinese students to enroll in American colleges and universities. Trump highlighted the terms on Truth Social, stating......
Top officials from the United States and China are set to meet in London in a renewed effort to preserve a delicate agreement on tariffs and prevent a full-scale trade war that has unsettled global markets and raised concerns of a worldwide recession. This high-stakes meeting, scheduled for Monday,......
US President Donald Trump has described Chinese President Xi Jinping as a difficult counterpart in trade negotiations, expressing frustration over China’s recent actions that have reignited tensions between the two economic giants. Writing on his Truth Social platform, Trump stated, “I like......
U.S. President Donald Trump has significantly increased tariffs on imported steel and aluminum, raising them to 50%. This move, announced in a presidential order effective from 12:01 a.m. local time on Tuesday, is presented as a measure to protect national security. According to the White House, although......
The 1956 Suez Crisis stands as a historic example of how great powers can miscalculate and damage their global standing. Britain’s failed invasion of Egypt, carried out with France and Israel, was made worse by the mistaken belief that the United States would offer support. Instead, the U.S. used......
A federal appeals court in Washington has temporarily reinstated former President Donald Trump’s tariffs, just one day after a lower trade court ruled that the measures exceeded presidential authority. The Court of Appeals for the Federal Circuit issued the decision on Thursday without providing......
A U.S. federal court has delivered a significant blow to President Donald Trump's economic agenda by blocking his sweeping tariffs, a central feature of his trade policy. The Court of International Trade ruled that the emergency powers invoked by the White House did not grant the president unilateral......
U.S. stock futures surged early Tuesday, signaling a sharp rebound from last week’s market decline. The S&P 500 rose about 1.4%, Nasdaq futures jumped 1.5%, and the Dow climbed more than 1%. The primary driver behind this rally was President Donald Trump’s announcement to postpone a planned......