Trump Signals Tariff Cut to 80% Before China Talks
During his Friday announcement President Donald Trump proposed lowering US tariffs on Chinese goods from 145% to 80% before weekend...
Economics
Spain’s Blackout Reignites Debate Over Nuclear Phase-Out
The Iberian Peninsula experienced a major power outage on April 28 which revived Spanish discussions about ending nuclear reactor operations...
Bank of England Cuts Rates, Signals More Reductions Amid Trade Deal
The Bank of England reduced its interest rate to 4.25% from 4.5% on Thursday and Governor Andrew Bailey indicated that...
Used Vehicle Prices Surge to Highest Since 2023 Amid Tariff Fears
The Manheim Used Vehicle Value Index reached its highest point since October 2023 because consumers worried about auto tariff price...
Japan Juggles U.S. Ties, China Trade Amid Tariffs
The United States-Japan alliance coexists with Japan-China trade relations as Trump increases his tariff negotiations. A Japanese trade negotiator traveled...
Fed to Maintain Rates Amid Trump’s Criticism
The Federal Reserve maintains its 4.3% key rate at steady levels during Wednesday despite President Trump asking for rate reductions....
UK-India Trade Deal Slashes Whisky, Auto Tariffs
The UK and India finalized their free trade agreement on Tuesday after three years of negotiation delays. The agreement represents...
Trump’s Trade Demands Extend Beyond Tariffs, Targeting Global Practices
The April 2 tariffs which President Trump delayed by 90 days seek to establish trade barrier reductions yet his demands...
Europe’s Q1 Growth Outshone by Trump’s Tariff Threat
Eurostat reports that the eurozone economy expanded 0.4% during Q1 2025 after reaching 0.2% in Q4 2024 because of its...
Germany’s Merz clinches coalition deal, ending months of deadlock.
The conservatives under Friedrich Merz have formed a coalition with the Social Democrats (SPD) to end five months of political...
