Tariff Tensions Send Shockwaves Through Global Economy
Rising U.S. tariffs are driving up costs for manufacturers and retailers, suppressing demand and profits, while countermeasures hit agriculture, threatening jobs and growth.
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IMF’s Georgieva: Chinese Mainland Policies Ease Trade Tensions Impact
IMF MD Kristalina Georgieva highlights how policy support from the Chinese mainland is cushioning Asia’s economies against widening trade tensions.
Softwood Lumber Tariffs Stoke Tensions Ahead of Canada’s Election
U.S. tariffs on Canadian softwood lumber—currently at 14.5% with a potential 25% hike—are intensifying pressure on workers and shaping Canada’s federal election.
IMF Cuts 2025 Global Growth Forecast to 2.8% Amid Trade Tensions
The IMF cuts its global growth forecast to 2.8% for 2025, citing rising trade tensions and policy uncertainty as risks to advanced and emerging economies alike.
Unfavorable Views of China Ease Among Americans, Pew Survey Shows
A new Pew survey shows unfavorable views among Americans towards China fell from 81% to 77% in 2025 amid rising trade tensions and tariff hikes.
ECB Cuts Rates by 25 Basis Points Amid Trade Tensions
The European Central Bank cut rates by 0.25 percentage points to support inflation at its 2% target, aiming to bolster the euro area economy amid rising trade tensions.
Beijing Promises Firm Response to US Tariffs
Beijing vows a firm response to the U.S. 84% tariff hike on Chinese imports, labeling the move as “bullying and coercive.”
US Tariff Moves Stir Global Business Concerns
US tariff policies batter corporate America as aggressive measures spark global concerns, market drops, and delayed investments amid trade tensions.
China Calls Out U.S. for Fentanyl Blame, Highlights Humanitarian Support
China’s Foreign Ministry spokesperson Lin Jian denounces the U.S. for blaming China for its fentanyl crisis while highlighting China’s efforts to support the U.S. in combating the issue.
China Enacts New Tariffs, Bans 10 U.S. Firms in Trade Response
China responds to U.S. tariffs with new duties on various products and bans 10 firms from engaging in trade, heightening bilateral tensions.