Trump Announces New Tariffs, Shaking Up Global Trade
President Trump’s executive order introduces 10-41% tariffs on major U.S. partners starting August 7, reshaping global trade. Deals with the Chinese mainland and Mexico are pending.
EconomicImpact
EU Readies $84B Retaliation if US Tariff Talks Collapse
The EU proposes €72 billion ($84 billion) in U.S. imports to target if Washington insists on 30% tariffs. A deal must be struck by August 1 to avoid escalation.
Trump’s Trade War Puts U.S. Ad Industry at Risk
Economic uncertainty from Trump’s trade war could slow U.S. ad spending just as broadcasters and streaming platforms roll out new TV and digital offerings.
US Metals Tariff Hike Backfires, Triggers Global Pushback
US doubles steel and aluminum tariffs, driving up vehicle and appliance costs, and prompting Mexico, Canada and the EU to plan countermeasures.
Are U.S. Tariffs Backfiring? Record Deficit, Negative Growth
U.S. tariffs spurred a record trade deficit and pushed GDP into negative territory in Q1 as consumer sentiment tumbled, highlighting potential market shockwaves.
Braving the 2025 Tariff Storm: Bridges vs Walls
In 2025, a surge of tariffs reshaped global trade, hitting U.S. farmers and allies while the Chinese mainland cuts duties for 43 least-developed countries, proving bridges beat walls.
Tariff Showdown: U.S. Trade Gambles Rock Global Markets
Washington’s tariff threats have disrupted global trade, sparking criticism from allies and risking economic growth in an all-or-nothing gamble.
Tariff Turbulence Hits U.S. Markets, Disrupts Key Sectors
Washington’s tariff policy is disrupting U.S. markets, sending ripples through manufacturing, agriculture and tech with immediate challenges nationwide.
US Tariffs Stir Recession Fears Amid Rising Household Costs
Study warns US tariff policies could cost households $4,900 annually and shave 1.1pp off GDP growth by 2025, raising recession fears.
IMD Dean Warns: US Tariffs Hinder Global Growth
IMD’s Mark Greven warns that US unilateral tariffs could hinder global business growth and challenge economic development in the short term.