U.S. Economy Surpasses Growth Expectations in 2024, Recession Risks Persist
Despite strong economic growth in 2024, experts warn that inflation and tariffs could pose recession risks in 2025.
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Port of Los Angeles Smashes $30B Trade Record Amid Tariff Uncertainty
Port of Los Angeles becomes the first U.S. hub to exceed $30 billion in monthly trade, with China making up 37%. Economists warn of potential tariff impacts under new US leadership.
Biden Labels Trump’s Tariffs Strategy ‘A Major Mistake’
President Biden calls President-elect Trump’s tariff strategy ‘a major mistake,’ highlighting the potential negative impact on American consumers and the economy.
Economist Warns Trump’s Tariffs May Spike US Inflation
Economist Richard Wolff warns that President-elect Trump’s push for tariffs on the Chinese mainland may worsen US inflation, highlighting the ironic consequences of such trade policies.
Silicon Valley CEO Warns Trump’s Tariffs Could Trigger Global Economic Downturn
Steve Hoffman, CEO of Founders Space, warns that incoming President Trump’s tariffs could harm both the U.S. and global economies, urging a focus on mutually beneficial trade.
Trump’s Tariffs Set to Drive Up Prices Across Multiple Sectors, Experts Warn
Experts warn that Trump’s proposed 25% tariffs on Mexican and Canadian goods could drive up prices across various industries, from food to electronics.
Trump’s Tariff Threats: Risking Trade Ties and Economic Stability
Trump’s proposed tariffs on Mexico, Canada, and China aim to tackle drug flow and illegal migration but risk harming trade relationships and the economy.
Trump and Trudeau Hold Talks on Trade, Border Amid Tariff Threats
US President-elect Donald Trump and Canadian Prime Minister Justin Trudeau held a productive meeting discussing border security, trade, and energy amidst fears of impending tariffs.
Trump’s 60% Tariffs on China: US Economy Faces Severe Setbacks
Trump’s proposed 60% tariffs on Chinese imports could severely impact the US economy, especially in agriculture and fisheries, warns a Peterson Institute study.
Trump’s Tariffs Pose Threat to Global Trade Stability
Experts warn that President Trump’s potential tariffs on key US trade partners could spark a global trade war, destabilizing international markets.