Global economy recession risks surge on US tariff shockwaves

Risks are high that the global economy will slip into recession this year, according to a majority of economists in a Reuters poll, in which scores said US President...

Trump trade war spreads more gloom across various businesses

Businesses across multiple industries are increasing prices, cutting financial guidance and warning of growing uncertainty as US President Donald Trump’s trade war pushes up costs, up-ends supply chains and...

IMF warns of ‘intensified’ risks to public finances amid trade war

Donald Trump’s tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for...

Trump’s cult of ignorance undermines policy at home

Watching a video of President Donald Trump’s Cabinet members lavishly praising him a week ago reminded me of the effusive earnestness of former Soviet politburo members toward their communist...

Republicans are going public with their worries about tariffs

Manufacturers struggling to make long-term plans. Farmers facing retaliation from Chinese buyers. US households burdened with higher prices. Republican senators are confronting the Trump administration with those worries and...

Tariff bleach

Trade war escalates as China, EU slap US with retaliatory tariffs

China and the European Union (EU) announced new trade barriers on US goods on Wednesday in response to steep duties imposed by US President Donald Trump, escalating a global...

Tariffs hit a sour note in NYC emporium of sweets

Economy Candy’s shelves brim with sweets from around the world — gummies from Germany, lollipops from Spain, chocolates from Japan and a panoply of candies from across the US....

EU prefers to talk than fight with Washington over Trump’s tariffs

European Union ministers broadly agreed on Monday to prioritise negotiations to remove tariffs imposed by President Donald Trump over retaliation even as it prepared a first set of targeted...