Tag : trade war

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EU considers countermeasures if US imposes new trade tariffs

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The EU considers retaliatory action if the US enforces tariffs on steel and aluminum, stating such measures are unjustified and urging Washington to provide official...
Business

UK growth forecast slashed as Bank of England lowers rates

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The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....
Business

China retaliates with tariffs after Trump’s new trade measures take effect

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China imposes new tariffs on U.S. goods, launches an antitrust probe into Google, and files a WTO complaint, escalating trade tensions after Trump’s latest tariff...
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Nasdaq, S&P 500 drop as trade tensions rise with new U.S. tariffs

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U.S. stocks dropped Monday after Trump announced tariffs on China, Mexico, and Canada, but pared losses after he delayed Mexico tariffs for one month following...
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Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments

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Moscow rebuffed Trump’s claims on BRICS forming a currency, asserting that the group is prioritizing joint investments rather than replacing the U.S. dollar in global...