News

It's official: Trump's tariffs are damaging the economy
The OECD said President Donald Trump's tariffs are hitting economic growth in the US and globally too, and warned of ...
Trump’s tariff fallout? It’s worse than we previously thought, says OECD
President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for ...
US inflation gauge cools with little sign of tariff impact, so far
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while ...
BOJ chief voices confidence economy can withstand US tariff hit
Bank of Japan Governor Kazuo Ueda said the country's economy can withstand the hit from U.S. tariffs and sustain a cycle of ...
Trump’s tariffs in jeopardy: What it means for prices and a recession
President Donald Trump’s sweeping tariffs — both those he has threatened and those he has already enacted — have led many ...
Tariff-induced inflation not persistent; rate cuts expected later this year: US Fed governor
US Federal Reserve Gov. Christopher Waller said Monday that he sees room for interest rate cuts later this year amid ...
Inflation slides to 1.9% in Europe, as worries shift from prices to Trump, tariffs
Lower energy prices helped bring consumer prices in May to below the ECB's 2% target for the first time since September ...
Trump’s tariffs are hurting US and global economy, OECD warns
The Paris-based group again cuts its global economic growth outlook. Read more at straitstimes.com. Read more at straitstimes ...
Trump tariff lawsuit tossed, California says it will appeal
District Judge Jacqueline Corley ruled California should have sued in the Court of International Trade, which has jurisdiction over tariff disputes.