My Global News: Voices of a New Era
🌍 Stay Ahead, Stay Global 🚀
President Trump’s 25% tariffs on steel and aluminum imports may not boost U.S. production but could create uncertainty for businesses and strain everyday consumers, especially low- and middle-income households.
The U.S. bird flu outbreak is driving egg prices to unprecedented heights, leading to ‘eggflation’ and increasing the burden on consumers facing rising food costs.
An Australian academic argues that US tariffs alone cannot revive a manufacturing sector that has been declining for over five decades.
U.S. stock markets dip on Monday as Trump administration’s tariff plans create uncertainty, affecting key sectors and prompting pauses on Canadian and Mexican tariffs.
Half of U.S. households hold only 2.4% of the nation’s total wealth, highlighting significant wealth inequality. Median household net worth stands at $192,000, compared to an average of $1.2 million.
Despite strong economic growth in 2024, experts warn that inflation and tariffs could pose recession risks in 2025.
Trump’s proposed 60% tariffs on Chinese imports could severely impact the US economy, especially in agriculture and fisheries, warns a Peterson Institute study.
This Thanksgiving, many Americans face higher grocery costs. Communities in Miami unite to ensure everyone can enjoy the holiday meal despite economic challenges.
Newly released US GDP numbers suggest a robust economy ahead of the presidential election, raising questions about who benefits the most from the growth.
US federal budget deficit hits $1.833 trillion in 2024, the highest since COVID-19, raising concerns about the dollar’s global dominance and economic stability.