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Keywords: Trade Deficit
Global financial markets have plunged as US President Donald Trump intensified his defense of broad new tariffs, describing them as necessary "medicine" despite triggering widespread investor panic and massive sell-offs. Speaking aboard Air Force One, Trump said although he doesn’t wish......
Global sneaker giants are bracing for impact following the announcement of new customs measures imposed by the Trump administration. Beginning April 9, a staggering 46% tariff on imports from Vietnam—a key player in sports shoe production—could significantly inflate sneaker prices. A 46%......
Gold prices surged to an all-time high on Tuesday as investors turned to safe-haven assets amid growing fears over new U.S. tariffs. Spot gold rose 0.6% to $3,143.05 per ounce after reaching a record $3,148.88 earlier in the session. Meanwhile, U.S. gold futures climbed 0.6% to $3,169.50. The metal......
Morocco's economy recorded a growth rate of 3.7% in the final quarter of 2024, a decline from the 4.2% achieved in the same period last year. This slowdown, reported by the High Commission for Planning (HCP), is attributed primarily to a downturn in agricultural output, while non-agricultural sectors......
U.S. President Donald Trump has announced that his upcoming reciprocal tariffs will be lower than those imposed by other countries, aiming to ease concerns in global markets. Speaking at the White House, Trump emphasized that his trade measures, set for announcement on Wednesday, will be “kinder”......
As Indian Prime Minister Narendra Modi prepared for his visit to the White House, U.S. President Donald Trump announced new reciprocal tariffs on key trading partners, adding pressure to India’s already struggling economy. During a joint press conference, Trump revealed that India would purchase......
Indian Prime Minister Narendra Modi recently became the fourth global leader to meet with U.S. President Donald Trump at the White House since the start of Trump’s second term. Their meeting underscored a growing partnership, as both leaders praised each other while carefully avoiding contentious......
U.S. President Donald Trump has announced that tariffs will soon be imposed on imports from the European Union (EU) and the United Kingdom (UK), despite hinting at the possibility of a trade agreement with Britain. The tariffs, set to come into effect on Tuesday, have already triggered global market......
Japan is contemplating backing a $44 billion gas pipeline project in Alaska as part of efforts to strengthen its relationship with U.S. President Donald Trump and avoid potential trade conflicts. Japanese officials anticipate that Trump may bring up the project, which he believes is essential for U.S.......