Tag: Trump tariffs
Goldman Warns of Economic Blow From Tariff Surge
Bank sees rising inflation, slowing growth, and higher jobless rate With President Donald Trump’s tariff announcement due this week, Goldman Sachs has issued a stark [more…]
Hertz and Avis Shares Surge on U.S. Tariff News
Tariff Plans Boost Rental Car Outlook Shares of heavily shorted car rental companies Hertz and Avis Budget Group soared on Thursday after U.S. President Donald [more…]
UK Private Sector Rebounds Despite Manufacturing Slump
Service sector strength lifts March PMI to 6-month high UK private sector output grew at its fastest pace since last September, driven by a strong [more…]
U.S. Homebuilding Rebounds, But Tariffs Threaten Recovery
Housing Starts Jump in February U.S. single-family homebuilding surged 11.4% in February as winter weather eased, with starts reaching a seasonally adjusted annual rate of [more…]
Recession Fears Surge as Tariffs Shake Markets
Just 20 days ago, U.S. markets were at record highs, and the economy seemed stable. Now, fears of a recession are growing rapidly as GDP [more…]
Stock Market Volatility Persists Amid Trump’s Tariff Uncertainty
The S&P 500 swung between gains and losses on Wednesday as investors grappled with ongoing uncertainties surrounding President Donald Trump’s tariffs and their impact on [more…]
Stocks End Week Flat as Investors Eye Inflation and Tariffs
U.S. stocks closed the first week of February with little change, as investors processed Big Tech earnings, a hotter-than-expected jobs report, and ongoing uncertainty surrounding [more…]
Canada’s Services Sector Grows Amid US Trade Concerns
Canada’s services sector expanded for the second consecutive month in November, with the Purchasing Managers’ Index (PMI) reaching 51.2—its highest level since April 2023. This [more…]
Trudeau Warns of Consequences from Trump’s Proposed Tariffs on Canadian Products
Canadian Prime Minister Justin Trudeau warned on Friday that President-elect Donald Trump’s proposal to impose sweeping tariffs on Canadian products would lead to higher prices [more…]
Trump’s Tariff Plans: A Bold Move With Far-Reaching Implications
President-elect Donald Trump announced sweeping plans to impose substantial tariffs on goods from Mexico, Canada, and China starting on his first day in office. The [more…]
