ADB cuts growth forecast for Malaysia, India, South Korea on tariffs
MANILA — The Asian Development Bank has cut this year’s growth projections across economies in the region, citing…
Don’t bet on the Trump economy
The Trump White House took a victory lap on Monday, declaring in its newsletter that the American economy…
Philippines to pay 19% tariff, Trump says
U.S. President Donald Trump said on Tuesday that the Philippines will pay a 19% tariff rate following the…
Bioethanol plant hit by Trump trade deal warns of job cuts without UK bailout – POLITICO
As part of the U.K.-U.S. Economic Prosperity Deal, struck between the Trump administration and Starmer’s U.K. government, the…
‘We have smart president, won’t let dollar fall’: Trump slams ‘little group called BRICS’; claims it seeks to end US currency dominance
US President Donald Trump slammed the BRICS grouping, calling it a “little group” trying to challenge the “dominance…
Trump’s tariffs are tipping Europe toward recession
U.S. Federal Reserve Governor Christopher Waller said yesterday that he thinks the Fed should cut interest rates at…
Consumer Confidence Rises Even As Inflation Does, Too
Topline Consumer sentiment improved above expectations last month to a five-month high as Americans appear to be less…
CEOs roll out new excuse for bankruptcies
(Bloomberg) — When At Home Group Inc.’s lawyer stood before a US bankruptcy judge last month asking to…
Modi plans UK visit next week to sign India trade deal – POLITICO
India’s Commerce Ministry has set the end of July as the deadline for officials to get the trade…
US and EU firms strike major gas deal as trade talks hit crunch time – POLITICO
President Trump has consistently cited LNG as an opportunity to avoid a worsening trade war with Washington. “I…
Britain’s trade chief to press White House on Trump tariffs in Washington trip – POLITICO
Britain’s ambassador to the U.S., Peter Mandelson, warned last weekend that he expects America’s 10 percent tariff on…
UK Loosens Trade Restrictions for Developing Apparel-Producing Nations
The government of the United Kingdom has launched new trade measures to benefit developing countries and forge stronger,…