Tag: U.S. tariffs

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IMF Maintains 2025 Global Growth Outlook at 3%

Trade Tensions and Policy Shifts Shape Revised Forecast The International Monetary Fund has revised its global economic forecast for 2025, projecting a 3.0% growth rate...

Japanese Carmakers Struggle Despite Tariff Relief

U.S. tariff cut offers clarity, not comfort The recent U.S.–Japan trade agreement has reduced auto import tariffs from 25% to 15%, giving Japanese automakers a...

Trump Renews Call for Powell to Resign Over Fed Disputes

President open to congressional probe into Fed chair's actions President Donald Trump on Tuesday repeated his demand that Federal Reserve Chairman Jerome Powell resign, suggesting...

China’s Manufacturing Slump Persists in June

PMI remains in contraction as Beijing seeks to revive demand China’s manufacturing sector shrank for a third consecutive month in June, despite modest improvements in...

Luxury Market Slows, But Avoids Collapse

Tariffs, wars and creative fatigue weigh on global sales Sales of personal luxury goods are projected to decline by 2% to 5% in 2025, according...

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Yen Struggles as Fed and BOJ Diverge on Rate Outlook

BOJ holds rates steady, yen logs worst month since...

China Pledges to Resume U.S. Soybean Imports

Three-year commitment aims to restore lost trade ties China has...

Amazon stock surges after AWS reaccelerates to 20% growth

Third-quarter earnings and sales beat forecasts Amazon shares jumped over...

Dollar Rises as Fed Pushes Back on December Rate Cut

Powell tempers expectations, markets adjust accordingly The U.S. dollar climbed...

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