Economy

Trump’s Tariff Pause: 90-Day Limit for Most Nations, China Faces Steep 125% Hike

President Trump has reversed course on recent tariff measures, offering a 90-day pause for most U.S. trading partners. This move comes after markets faced significant volatility, though it doesn’t apply…

Donald trump tariff reversal

Iran Leader Opens Door for U.S. Investment Ahead of Nuclear Talks

Pezeshkian’s invitation for U.S. investment marks a notable shift in Iran’s diplomatic approach, signaling a desire for economic cooperation. The Iranian president also reiterated that Tehran is not pursuing nuclear…

Iran Leader Opens Door for u.s. Investment Ahead of Nuclear Talks

Madagascar Could Lose 60,000 Jobs as US Tariffs Threaten Textile Sector

Madagascar’s textile industry, which employs 180,000 people, faces a major setback as the US imposes a 47% tariff. This move could cost the country around 60,000 jobs, putting its economy…

Madagascar textile

Trump Unveils $1 Trillion Military Budget, Igniting Debate on Federal Spending

In a striking announcement, President Trump is proposing a $1 trillion military budget for 2026, a major leap from the current $892 billion. This increase, however, comes at a time…

Trump military budget

US Imposes 104% Tariffs on Chinese Goods as Trade Tensions Deepen

Beijing has withheld immediate retaliation but warned that China’s response will continue to the end if provoked. The US move to impose 104% tariffs reflects an aggressive push to recalibrate…

Us Imposes 104% Tariffs on Chinese Goods as Trade Tensions Deepen

Trump Signs Orders to Revive Coal Mining Industry Amid Rising Energy Demands

In a bid to restore the coal mining sector, President Trump has signed a series of executive orders that extend the life of coal-fired power plants and ease mining restrictions.…

Trump coal mining

Trump’s 104% Tariffs on China: U.S. Stocks Face Further Slide

The Trump administration has implemented a new 104% tariff on Chinese imports, a bold move that sent U.S. stocks into a downward spiral. As tensions between the two economic giants…

Trump china tariff

National Economic Blackout on April 18: What to Know About Boycott

The People's Union USA is pushing back against corporate greed, calling for a nationwide economic blackout to challenge an economy they believe exploits workers. Future boycotts are planned, targeting companies…

National Economic Blackout on April 18 : What to Know About Boycott

Trump’s Tariff Plans Spark Global Financial Turmoil

President Trump's tariff plans have triggered sharp declines in global markets, fueling fears of a potential recession. Reuters broker news reports heightened concerns as international tensions escalate over the sweeping…

Trump’s Tariff

Tariff Showdown: Trump’s Hardline Approach to Trade Reshapes Global Economy

President Trump’s unwavering stance on tariffs has sparked a global economic shakeup, with stock markets feeling the pressure. While the US administration defends the move as a necessary step for…

Donald Trump Tariffs

US Takes Action Against South Korean Salt Farm Over Forced Labour Issues

The U.S. has become the first major trade partner to block sea salt imports from a South Korean farm accused of using forced labour. Taepyung Salt Farm, responsible for a…

US salf farm forced labour

Trump’s New Tariff Plan Faces Criticism as Official Admits US Jobs Aren’t the Goal

In an unexpected admission, a senior Trump administration official explains that the surge in U.S. manufacturing expected from new tariffs will rely on automation, not jobs for American workers. While…

Trump tariffs

Jaguar Land Rover Halts U.S. Shipments Amid 25% Tariff Imposition

Jaguar Land Rover has paused its vehicle shipments to the United States in response to a new 25% tariff on imported cars. This decision is part of the company's strategy…

Jaguar Land Rover

Nissan’s Response to U.S. Tariffs: A Sign of Impact?

Nissan is contemplating relocating some of its production to the U.S. in response to the new 25% car tariffs. This decision could be an early indication that the tariffs are…

Nissan's Response to U.S. Tariffs : A Sign of Impact?

Nationwide Protests Challenge Trump’s Policies in Major US Cities

Protests in cities like Washington, D.C., New York, and Los Angeles saw thousands gathering to express their dissatisfaction with President Trump’s administration. The protests were fueled by grievances ranging from…

America protests

Global Stock Markets Slump as China Retaliates With Tariffs on Us Goods

The global stock markets saw a sharp decline as China retaliated with new tariffs, deepening the ongoing trade conflict with the U.S. The escalating tensions have triggered widespread concerns about…

Global Stock Markets Slump as China Retaliates With Tariffs on Us Goods

Tariff Hikes Set to Drive Up Costs on Sneakers, Jeans, and More This Fall

U.S. families could face steep price increases on everyday items, including sneakers, jeans, and T-shirts, due to new tariffs imposed on imports. The cost of back-to-school shopping may climb higher…

America clothing tariff

US Oil Service Firms Brace for a Blow From Trump’s Tariffs and Falling Oil Prices

Tariffs imposed by President Trump are causing significant disruption in global supply chains, hitting key materials used by U.S. oilfield service companies. As oil prices continue to tumble, industry leaders…

Us Oil Service Firms Brace for a Blow From Trump’s Tariffs and Falling Oil Prices

SNL’s Trump Takes on Tariffs in Comedic ‘Great Depression’ Cold Open

On Saturday Night Live, Trump’s recent tariff proposal became the subject of a biting satire. Played by James Austin Johnson, Trump introduces his economic plan under the banner of “Make…

Donald trump SNL

Major Furniture Manufacturer Shutting Down Amid Economic Struggles

Progressive Furniture, a major North Carolina furniture manufacturer, has announced it will shut down by year-end, laying off 30 employees.

Major Furniture Manufacturer Shutting Down Amid Economic Struggles

Student Loan Repayment Plans Suspended Amid Confusion and Frustration

The removal of recertification forms for student loan repayment plans has left many borrowers uncertain about their options. Without these forms, they risk losing their enrollment and facing unaffordable payments.

Student Loan Repayment

Powell Warns of Inflation Risks and Slower Growth Due to Trump’s Tariffs

Powell cautioned that the tariffs could lead to "at least a temporary rise in inflation," with the possibility of more persistent effects. The Federal Reserve’s ability to manage this outcome…

Powell Inflation Trump Tariffs

China to Impose 34% Tariffs on All u.s. Goods Starting April 10

China's decision to impose 34% tariffs on U.S. goods starting April 10 marks a sharp escalation in the ongoing trade war. CNN highlights that this retaliation will intensify global economic…

China to Impose Tariffs on All u.s. Goods

Trump’s New Tariffs and Their Disproportionate Impact on Lower-Income Households

The new tariffs are expected to raise prices on essential goods, with the most significant burden falling on lower-income households. Experts warn that these increases could further strain families already…

Trump’s New Tariffs and Their Disproportionate Impact on Lower-Income Households

$5M Gold Card Featuring Trump’s Face Aims to Attract Wealthy Immigrants

Amid a market meltdown, President Trump introduces a $5 million Gold Card for wealthy immigrants, offering them U.S. residency. The card, featuring Trump’s face, aims to replace the EB-5 visa…

Trump gold card

Canada to Impose 25% Tariffs on US Cars in Retaliation to ‘Unjustified’ US Trade Levies

In response to the U.S. imposing tariffs on Canadian steel and aluminum, Prime Minister Mark Carney has announced a 25% tax on U.S. vehicles. Carney called the U.S. action "unjustified"…

Canada US counter tariff

Farmers Back in Firing Line as Trump Mulls Multi-Billion-Dollar Bailout

As trade tensions surge under Trump’s sweeping new tariffs, US farmers are once again caught in the economic crossfire. With foreign markets responding swiftly, the administration is quietly preparing a…

Farmers rising costs

Trump’s Latest Tariff Move Targets Uninhabited Islands and Military Base

In a surprising extension of trade measures, President Trump has added barren islands and a key military base to his tariff list. With no residents and minimal trade, the move…

Donald trump 10% tariff

Tariff Debate Intensifies as Trump Eyes Broad 20% Hike on Imports

The Trump administration is considering a sweeping tariff increase, potentially impacting nearly all US trading partners. Sources suggest a hike of up to 20% could be on the table, a…

Donald Trump

White House Sparks Backlash Over Plans to Control Press Room Seating

A quiet but pointed power struggle is unfolding inside the West Wing. The White House wants to redraw the press seating chart, a change that could alter more than just…

White house press room

Trump’s Tariff Plans Spark Fears of Global Retaliation and Economic Fallout

With Washington set to unveil a new series of tariffs, uncertainty is spreading through global markets and diplomatic circles. President Trump’s plan, expected within days, signals a return to a…

Donald trump tariffs

China, Japan and South Korea in Talks on US Tariff Response, Reports Chinese State Media

Beijing is claiming a united front with Tokyo and Seoul in response to rising US tariffs. But conflicting statements from Japan and South Korea cast doubt on that narrative. Behind…

US south korea and japan flags tariff

Trump’s Looming Tariffs Ignite Global Fears of Rising Costs and Economic Fallout

Donald Trump’s incoming tariffs are already sending tremors through financial markets, with Europe and Wall Street reacting sharply. As “Liberation Day” approaches, investors, businesses and economists warn of wider consequences.…

Tariffs market

Tariff Backlash Grows as Trump’s ‘Liberation Day’ Nears, Voters Demand Price Relief

Donald Trump’s planned “Liberation Day” tariffs are set to reshape trade — but a new poll reveals voters aren’t convinced. Most say the president is putting too much focus on…

Trump tariff on liberation day

Trump’s Aluminum Tariffs Could Revive US Industry—Or Hit Poorest States the Hardest

Donald Trump wants to restore American aluminum production with sweeping global tariffs. His plan targets low-cost imports and aims to level the playing field. But small manufacturers fear rising costs,…

US aluminium

Trump’s Executive Order Could Devastate Federal Worker Unions Amid DOGE Cuts

In a controversial move, President Trump has signed an executive order that could strip federal worker unions of their collective bargaining rights. The order, citing national security concerns, threatens the…

Donald Trump

“Couldn’t Care Less”: Trump’s Comments on Car Tariffs and Rising Prices

Trump emphasized that foreign carmakers would face higher costs unless they manufacture vehicles in the US. He added that American-made cars would not be affected by the new tariffs.

Trump's Comments on Car Tariffs and Rising Prices

Five Economic Indicators Signaling a Potential Recession in the US

Economists are increasingly concerned as key economic indicators point to a possible recession. Uncertainty around consumer confidence, rising debt, and trade policies are contributing to growing alarm.

Economic Recession in the US

Why You’re Not Feeling Trump’s Egg Price Plunge

Despite a 47% drop in wholesale egg prices, consumers are still waiting for these reductions to appear at their local grocery stores. The gap between wholesale and retail prices continues…

Trump's Egg Price

Trump’s Approval Rating On Economy Hits New Low

Recent polling reveals a significant drop in President Donald Trump's approval rating on the economy, reaching its lowest point in his second term. With inflation and recession fears growing, Americans'…

Donald Trump

IRS and ICE’s Potential Information Sharing Deal Raises Concerns

Experts warn that the deal between the IRS and ICE could discourage undocumented immigrants from filing taxes, fearing deportation

IRS

Trump’s LNG Push Reignites Drilling Rush in Haynesville Basin

With LNG projects back on the table, energy players are eyeing the Haynesville basin for its strategic location and cleaner gas. But while enthusiasm builds, the scars of past oversupply…

LNG Haynesville shale basin

Trump Threatens Massive Tariffs on Canada and EU if They Harm U.S. Economy

Trump has threatened larger-than-expected tariffs on the EU and Canada if they harm the U.S. economy, while also unveiling plans for a 25% tariff on auto imports. Analysts warn this…

President Donald Trump

Trump Unveils 25% Tariff on Imported Autos, Aims to Generate $100 Billion in Revenue

In a move aimed at bolstering U.S. manufacturing, President Trump has placed a 25% tariff on imported vehicles, expecting to generate $100 billion annually. While the policy seeks to create…

Trump tariffs

Trump’s New 25% Tariff on Vehicle Imports: A Major Hit to UK Trade

In a new escalation of the ongoing trade war, President Trump has announced a 25% tariff on all imported vehicles. The UK’s car exports, worth billions, are particularly vulnerable. With…

Trump tariffs

Federal Food Assistance Cuts Could Devastate Ohioans and Strain Food Banks

Proposed cuts to SNAP funding could leave Ohio’s most vulnerable residents without critical support. Local food banks are bracing for even greater strain as demand continues to rise.

Food Banks

US Consumer Confidence Hits Four-Year Low as Economic Fears Mount

The latest figures reveal a significant drop in consumer confidence, reaching a four-year low. As fears of inflation and a potential recession intensify, Americans are growing more concerned about their…

US consumer confidence

Columbia Under Pressure: The Price of Trump’s $400M Funding Cut on Academic Freedom

After a $400 million funding cut, Columbia University faced the impossible task of balancing political demands with its research mission. The university’s decision to comply with Trump’s administration has stirred…

Columbia University

Hyundai Invests $21bn in the US, Bracing for Trump’s Tariff Policies

Hyundai is committing a historic $21bn to strengthen its presence in the US, with new manufacturing facilities and partnerships in cutting-edge technologies. This bold step comes just as President Trump…

Hyundai

US Consumers Tighten Purse Strings as Inflation Takes a Toll

With inflation continuing to soar, US consumers are becoming increasingly cautious with their spending. Retailers and financial institutions alike are bracing for the potential fallout as the impact of inflation…

US consumers