Eurozone Inflation Slows Sharply to 1.9% in May
Eurozone inflation cooled to 1.9% in May, its lowest since Sept 2024, driven by a slowdown in services prices and dipping below the ECB’s 2% target.
Economy
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U.S. Good Faith Key to Smoother Trade Talks with the Chinese Mainland
As a 90-day tariff truce revives U.S. ports and lifts markets, experts say U.S. good faith is essential to sustain stable trade ties with the Chinese mainland and global growth.
Rising Tariffs Bite U.S. Working Families: Prices Surge Across Sectors
U.S. tariffs on imports from the Chinese mainland, Vietnam, Mexico and Canada are driving up costs on essentials—from steel to groceries—putting extra strain on working families.
Explainer: Why Tariff Fears Could Fuel U.S. Inflation
How worried US consumers, facing tariff threats, raised their inflation expectations from 2.6% to 6.7%, risking a self-fulfilling rise in prices.
Chinese mainland Slashes U.S. Tariffs to 10% Starting May 14
On May 14, the Chinese mainland cuts U.S. tariffs from 34% to 10% and pauses a 24% levy for 90 days, marking a shift in trade policy.
Chinese mainland, U.S. wrap up economic and trade talks in Geneva
The Chinese mainland and the United States concluded a high-level economic and trade meeting in Geneva, paving the way for renewed dialogue as the Chinese delegation prepares a press conference.
China’s Trade Push vs. US Tariffs: Fighting for Global Growth
As U.S. tariffs aim to freeze the global economic race, China ramps up Belt and Road connectivity to keep doors open for latecomers and uphold a dynamic trading system.
Trade Balance: How Tariffs Ripple Across the Global Economy
Explore how tariffs reshape industries from Spanish wineries to factories in the Chinese mainland, driving up costs and disrupting global supply chains.
US GDP Contracts 0.3% in Q1 as Tariffs Fuel Recession Fears
US GDP shrinks 0.3% in Q1 amid rising tariffs, record export drag and slowing consumer and government spending, as recession fears take hold.
Low Approval Ratings for Trump at 100-Day Mark
Polling shows President Trump’s approval ratings slide at the 100-day mark, with Americans expressing discontent over his handling of the economy and immigration.