Chinese Mainland Accuses DPP of Selling Out Taiwan’s Interests
Chinese mainland blasts DPP authorities in Taiwan for selling out local interests as U.S. tariffs push thousands of manufacturing workers into unpaid leave.
USTariffs
US Tariffs Hit German Exporters Hard
German exporters face a steep blow as US tariffs surge from under 2% to 15%, warns DIHK CEO Helena Melnikov.
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.
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.