Economic News

China Responds to Trump’s 100% Tariff Threat: “We Are Not Afraid of a Trade War”

By Harshit Washington, D.C., October 12, 2025 – 8:30 AM EDT China has issued a strong response to U.S. President Donald Trump’s latest escalation in the ongoing trade conflict, declaring that it “is not afraid of” a trade war. The statement came after Trump vowed to impose an additional 100% tariff on Chinese imports in […]

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Trump’s New Tariffs on China Deepen Global Uncertainty as IMF Warns of Unstable Future

By Harshit | October 12, 2025 | Washington, D.C. Just two days after International Monetary Fund (IMF) chief Kristalina Georgieva warned that “uncertainty is the new normal,” U.S. President Donald Trump reignited global tensions with a new wave of 100% tariffs on Chinese goods, plunging financial markets into chaos and rekindling fears of a global

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U.S. Market Warning: JPMorgan’s Jamie Dimon Sounds Alarm on Stock Downturn and Global Instability

By Harshit | October 11, 2025 | New York, NY The head of JPMorgan Chase, Jamie Dimon, has issued a stern warning to investors worldwide, cautioning that the likelihood of a sharp downturn in U.S. stocks is much higher than most market participants anticipate. In an exclusive interview with the BBC, the CEO of America’s

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U.S.-China Trade War Revival Opens New Doors for Indian Exporters

By Harshit | October 11, 2025 | New Delhi, India The renewed trade conflict between the United States and China could deliver a major boost to Indian exporters, as soaring tariffs on Chinese goods push American buyers to seek alternative suppliers. With U.S. President Donald Trump announcing a sweeping 100% tariff on Chinese exports, Indian

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U.S. Port Fees on Chinese-Made Vessels Spark Industry Confusion, Prompt Financing Shifts

By Harshit | October 10, 2025 | New York, 8:45 AM EDT As U.S. port fees targeting Chinese-made vessels are set to take effect next week, global shipping companies and ocean carriers face widespread uncertainty about how the rules will apply to vessel financing arrangements. The U.S. Trade Representative (USTR) fees could affect ships financed

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IMF Chief Warns: “Buckle Up, Uncertainty Is the New Normal” as Global Economy Faces Fresh Risks

By Harshit | Washington, D.C., October 10, 2025 | 8:30 AM EDT A Stark Warning Ahead of IMF Annual Meetings The head of the International Monetary Fund (IMF), Kristalina Georgieva, has issued one of her strongest warnings yet about the precarious state of the global economy, cautioning that “uncertainty is the new normal.” Speaking ahead

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Fed Minutes Reveal Split Over Rate Cuts as Labor Market Shows Strain

By Harshit Washington, D.C., 9 OCTOBER , 2025 – 8:30 AM EDT Federal Reserve policymakers in September were strongly inclined toward further interest rate cuts, though the details of how many remain up for debate, according to minutes of the latest Federal Open Market Committee (FOMC) meeting released Wednesday. The summary revealed near unanimity that

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Novo Nordisk to Acquire Akero Therapeutics in $4.7 Billion Deal, HSBC Pushes Hang Seng Privatization

By Harshit | October 9, 2025 | London LONDON — Shares of Novo Nordisk slipped 1.1% on Thursday after the Danish pharmaceutical giant confirmed plans to acquire U.S. biotech company Akero Therapeutics in a deal worth nearly $5 billion, underscoring the drugmaker’s continued expansion into high-value therapies. Novo Nordisk Expands with Akero Buyout The acquisition

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Christmas Tree Shortage Looms as Tariffs Drive Up Holiday Prices and Cut Imports

By Harshit | October 8, 2025 | New York Import Shortages Threaten Holiday Supply NEW YORK — The joy of holiday decorating may come with a higher price tag this year. Retailers across the U.S. are bracing for a Christmas tree shortage, with tariffs and supply chain constraints leading to fewer artificial trees, wreaths, and

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European Stocks Rise as EU Steel Tariffs Shake Auto Industry and Boost Steelmakers

By Harshit | October 8, 2025 | London EU Tariff Announcement Sparks Market Reactions LONDON — European stocks closed higher on Wednesday even as investors weighed the European Union’s decision to impose steep new tariffs on steel imports, a move that has divided industries across the region. The pan-European Stoxx 600 index rose 0.6% by

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