Category: World
Trump Proposes 35% Tariff on Canada, With Key Exceptions
Markets React to Surprise Tariff Letter President Donald Trump stunned markets this past week by announcing plans for a 35% tariff on Canadian imports. The [more…]
Brazilian Real Falls 2% After U.S. Tariff Shock
Trump’s move triggers currency drop below 5.60 per dollar Brazil’s currency tumbled sharply on Thursday, sliding 2% against the U.S. dollar in spot trading, after [more…]
IMF Flags High Risks Amid Trump’s New Tariff Wave
Global trade outlook remains fragile, warns IMF The International Monetary Fund (IMF) raised concerns on Thursday over the rising uncertainty in the global economy, following [more…]
German Exports Slide 1.4% as U.S. Demand Weakens
Tariff-driven frontloading fades, raising growth concerns Germany’s exports declined by 1.4% in May compared to April, surpassing expectations for a modest 0.2% drop, according to [more…]
Australia Expects to Remain on U.S. 10% Tariff Rate
Albanese government continues efforts to seek exemption Australian Prime Minister Anthony Albanese said on Friday that Australia is likely to remain subject to the 10% [more…]
U.S. Adds 147,000 Jobs as Economy Defies Rate Cut Pressure
Trump hails strong labor market amid immigration crackdown The U.S. economy added 147,000 jobs in June, surpassing expectations and reinforcing President Donald Trump’s claims that [more…]
Trump Calls for Ceasefire in Ukraine During Talk With Putin
U.S. pauses arms shipments as Russia intensifies attacks President Donald Trump spoke for nearly an hour with Russian President Vladimir Putin on Thursday, according to [more…]
German Exporters Lose Confidence Over U.S. Tariff Risks
June sentiment falls as EU-U.S. trade talks remain unresolved German export sentiment declined in June, weighed down by persistent uncertainty surrounding U.S. tariff threats, according [more…]
U.S. Mortgage Rates Fall to Lowest Since Early May
Four-week decline offers slight relief to prospective homebuyers The average rate for a 30-year fixed U.S. mortgage dropped to 6.77% this week, its lowest level [more…]
German Consumer Sentiment Slips Despite Income Optimism
Saving behavior outweighs rising income expectations in July forecast German consumer confidence declined slightly in July for the first time in four months, according to [more…]
