Tariffs
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EU Navigates Critical Week: Trade Negotiations, Moldova Summit, and AI Act Deliberations
The European Union is tackling pivotal challenges this week, including high-stakes trade talks with the U.S., a strategic summit with Moldova, and deliberations over its AI Act enforcement.
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Trump Urges Walmart to Absorb Tariff Costs Amid Inflation Concerns
President $1 Trump has called on Walmart to absorb tariff-related costs, warning against passing them on to consumers.
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Walmart to Raise Prices Due to Tariffs, Impacting U.S. Shoppers
Walmart announces price hikes on various goods due to increased tariffs, with effects expected as early as June.
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California Governor Warns of Economic Crisis Due to High Tariffs
California Governor Gavin Newsom declares a ‘code red’ economic emergency, citing severe impacts from high tariffs on ports and trade.
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Summer Costs Rise in The U.S .as Tariffs Impact Everyday Essentials
Tariffs on imported goods are set to increase the cost of summer essentials like footwear, car seats, and more, affecting families across the U.S.
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US and China Resume Trade Talks Amid Escalating Tariff War
Senior US and Chinese officials meet in Geneva to address escalating tariffs and seek trade de-escalation.
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UK to Become First Country to Sign Trade Deal with US Amid Tariff Disputes
The UK is set to announce a landmark trade deal with the US, potentially reducing tariffs on steel, autos, and digital services.
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Fed Holds Rates Steady, Flags Risks Amid Tariff Impacts
The US Federal Reserve kept interest rates unchanged, citing concerns over inflation and economic risks tied to recent tariff policies.
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Ford Raises Prices on Mexico-Made Models Amid Tariffs
Ford increases prices on three Mexico-produced models, citing mid-year adjustments and U.S. tariffs.
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Federal Reserve May 2025 Interest Rate Decision: Key Economic Insights
The Federal Reserve is expected to hold interest rates steady in May 2025 amid high economic uncertainty caused by tariffs and inflation concerns.
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U.S. and China to Meet in Geneva Amid Trade War Tensions
U.S. and Chinese officials will meet in Geneva this week, signaling a possible thaw in the trade war that has strained global economic relations.
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U.S. Job Market Slows Amid Intensified Trade War
The U.S. job market saw a slight slowdown in April as President Trump’s trade war escalated, impacting economic growth and manufacturing.
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Microsoft Increases Xbox Prices Amid Global Tariff Uncertainty
Microsoft has raised Xbox console and accessory prices globally, citing market conditions and rising development costs amid ongoing tariff uncertainty.
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Trump Ends Chinese Tariff Loophole, Raising Online Goods Costs
The closure of the ‘de minimis’ loophole by Trump raises costs for online goods, impacting Chinese sellers and U.S. consumers alike.
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Stock Market Today: Dow Futures Edge Higher Amid Earnings and Economic Data
Dow futures rise as corporate earnings and economic data take center stage. S&P 500 and Nasdaq futures dip slightly.
