tariffs

Ursula von der Leyen, the President of the European Commission, has criticized China for its export restrictions on vital raw materials used in the production of cars, batteries, and wind turbines. The move, she says, is disrupting global trade and undermining competition. What Happened: Von...

The Federal Reserve is widely expected to hold rates steady at 4.25%-4.50% on Wednesday as President Donald Trump's volatile tariff policy clouds the economic outlook. The decision will mark the fourth straight pause in the rate-cutting cycle that began in September. Yet, rather than the rate...

Editor’s Note: This article has been updated with additional content. U.S. consumers showed signs of strain in May, as a key spending gauge contracted for the second time this year, fueling concerns of a demand slowdown amid tariff-related trade uncertainty. Headline retail sales slumped 0.9...

U.S. stock futures were trading lower on Tuesday following Monday’s advance. Futures of major benchmark indices were lower in premarket. President Donald Trump called on Iranians to leave Tehran, pointing to the government’s refusal to accept a deal aimed at limiting nuclear weapons...

Stocks in the United States have struggled to regain their February all-time highs amid the tariff uncertainty. In fact, the S&P 500 remains one of the worst-performing major stock indices in the developed world in 2025. One of the fundamental shifts we've seen this year is the end of the ‘...

U.S. retail sales for May are expected to post a sharp monthly decline, potentially reinforcing concerns that tariff headlines and economic uncertainty are starting to pinch consumer spending. That would mark the second monthly drop in 2025 after January's 0.9% plunge. Monthly declines in retail...

Chinese e-commerce giants Alibaba Group Holding Ltd. (NYSE:BABA) and PDD Holdings, Inc. (NASDAQ:PDD) saw their shares rise on Monday after China reported a stronger-than-expected jump in retail sales.  The Details: China's National Bureau of Statistics announced that retail sales of consumer...

Former Commerce Secretary Wilbur Ross, who served in the first Trump administration, believes that President Donald Trump’s 90-day tariff pauses are not only a trade strategy but also a political tactic. What Happened: In an interview with Fortune, Ross said that the pauses align with the U.S...

In the ongoing tariff negotiations, the United States is reportedly urging Vietnam to reduce its reliance on Chinese technology in the production of devices that are later exported to the U.S. What Happened: The U.S. is pressuring Vietnam to decrease its use of Chinese technology in the production...

President Donald Trump is set to meet with Japanese Prime Minister Shigeru Ishiba over the Trump administration's sweeping auto tariffs that have rocked the global auto industry with uncertainty. What Happened: Ishiba will head to the G7 summit in Canada's Alberta province, following talks between...

With U.S.–China trade tensions and Middle East unrest rocking global markets, Latin America's stock exchanges – especially Brazil's Bovespa and Mexico's IPC – are hitting record highs as investors seek lower‑correlation havens. Brazil and Mexico's markets are shining as havens from...

Coinbase Global Inc (NASDAQ:COIN) made headlines in May by becoming the first cryptocurrency exchange included in the S&P 500 index, marking a significant milestone for the crypto industry. This inclusion signals growing mainstream acceptance and positions Coinbase among America's largest and...

President Donald Trump‘s administration will extend existing 50% steel tariffs to imported home appliances, including refrigerators, dishwashers, washing machines, and cooking ranges, beginning June 23. What Happened: The Commerce Department announced Thursday that the expanded tariffs will...

President Donald Trump says he may hike auto tariffs again in a bid to boost production in the U.S. What Happened: "I might go up with that tariff in the not too distant future. The higher you go, the more likely it is they build a plant here,” Trump said during a press event at the White...

As Donald Trump approaches six months into his second presidential term, four foreign markets he vowed to penalize with heavy tariffs have not only withstood the threat, they've outpaced the S&P 500 and America’s biggest tech giants by a wide margin. Since Jan. 20, 2025 — Trump's...