US Tariffs Cloud Africa’s Industrial Growth, Warns Zambian Expert
Zambian think tank leader Sydney Mwamba warns US tariffs threaten industrial growth and jobs across Africa, potentially slowing the continent’s economic momentum.
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U.S. 50% Tariffs Deal a Blow to Brazil’s Fishing Industry
Brazil’s fishing industry reels under U.S. 50% tariffs, forcing the country’s largest seafood plant to scramble for survival and putting fishermen’s livelihoods at stake.
Fed Holds Firm at Jackson Hole as Tariffs Begin Biting U.S. Economy
At Jackson Hole, the Fed reaffirmed its hawkish stance even as U.S. tariffs begin to impact consumer prices and global supply chains, sparking debates on economic resilience.
Tariffs Drive US Import Prices Up: Businesses and Consumers Feel the Pinch
US import prices have surged after steel and aluminum tariffs rose to 50%, forcing American businesses and consumers to shoulder higher costs.
India and Russia Forge Stronger Trade Ties Despite U.S. Tariffs
India and Russia vow to expand trade ties after FM talks in Moscow, eyeing energy projects and boosting exports despite U.S. tariffs on Russian oil purchases.
Economists Say Trump’s Tariffs Won’t Cut U.S. Debt
U.S. economists warn President Trump’s tariff hikes may slow debt growth but won’t dent America’s $37 trillion debt. Revenue falls short of interest costs.
UK Unemployment Surges to 4.7% as U.S. Tariffs Weigh on Jobs
UK unemployment hits 4.7%, a four-year peak as job vacancies slide and U.S. tariffs squeeze manufacturers, signaling a cooling in the post-pandemic labor market.
Economist Warns: Trump’s Unapproved Tariffs Drive Up Costs, Fail to Revive Manufacturing
University of Michigan economist Justin Wolfers says Trump’s unapproved tariffs hike costs and fail to bring back manufacturing jobs.
U.S. Tariff Hikes Spark Fears of Trade Slowdown
On August 7, the U.S. enacted sweeping tariffs, pushing average import duties to 17% and igniting fears of higher consumer costs, a global slowdown, and strained ties with key partners.
Reciprocity or Threat? Unpacking New U.S. Tariffs
As the U.S. rolls out 10–41% tariffs on dozens of partners, experts question if this is true reciprocity or a power-driven stand-off.