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But then on 2 April, Donald Trump's "Liberation Day" tariffs hit all Chinese goods entering the US, eventually reaching 145% ...
The UK government said there was "no such thing as a veto on Chinese investment" in its tariff deal with the US.
At the start of the year, the U.S. economy had largely shaken off the remaining symptoms of COVID-19. The 2020 pandemic recession was short-lived. The downturn economists predicted in 2023 and 2024 ...
At the end of the day, the brunt of the tariffs will fall on US consumers, especially lower-income ones who rely on ...
Trump’s quick surrender has also sent a clear message to foreign capitals that the White House doesn’t have the grit to ...
He creates problems and then tries to cut a deal. But a real problem like Ukraine? Not so easy.
The White House has said its agreements with the U.K. and China are starting points, but so far the Trump administration has ...
Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, ...
The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so ...
The cycle of tit-for-tat tariffs between the U.S. and China has brought uncertainty to Hong Kong businesses reliant on the ...
Trump meets Syrian president after lifting sanctions during Middle East visit: Live - Trump announces plans to lift sanctions ...
They will raise revenue and shift the overall economy toward manufacturing. But they are also likely to slow growth overall.