US President Donald Trump announced a new trade deal with China and hinted at a ‘very big’upcoming deal with India. Speaking at a White House event, Trump emphasised economic victories and border control, slamming past administrations. He also called out countries like Mexico, Canada, and China for enabling fentanyl trafficking, adding the US is collecting…
India–UK Free Trade Deal: After 14 rounds of negotiations, India and the UK have signed a landmark FTA. From zero-duty exports for apparel and leather to quota-based UK entries for premium cars and whisky, this deal is projected to double trade to $120 billion by 2030. Indian workers also win with social security relief in…
Benzinga | Detroit Free Press Wall Street remained on edge as investors adopted a cautious stance amid an increasingly uncertain economic outlook this past week. At its March meeting, the Federal Reserve kept interest rates unchanged at 4.25%-4.50%, signaling “no rush” to adjust its monetary policy. Yet, the central bank’s latest economic projections painted a…
Get live updates on tariffs, the trade war and mass layoffs throughout a busy day for the US economy. Interest rate decision looms as Fed discusses tariffs and trade war impacts With rising tariffs looming, experts warn of increased consumer prices as the Federal Reserve convenes to address economic implications. (Scripps News) Scripps News Interest…
Recession fears persist amid inflation and trade wars President Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration’s continuing trade war. Treasury Secretary Scott Bessent said Sunday that “there are no guarantees” when it comes to a potential recession hitting the United States. “Like…
Tesla’s stock plunges by half; is Elon Musk’s EV party over? Tesla’s stock has dropped by nearly half in three months, losing most of the gains it made following the U.S. election last year, when CEO Elon Musk helped fund the victory of President Donald Trump. U.S. stocks mostly fell in early trading Tuesday, extending…
Recession fears persist amid inflation and trade wars President Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration’s continuing trade war. With the stock market tumbling, consumer confidence skidding and U.S. companies ramping up layoffs, it may look like the nation is hurtling toward…
Recession fears persist amid inflation and trade wars President Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration’s continuing trade war. The “R” word, recession, suddenly has become a hot topic, as more Americans wonder if tariffs and other pressures might push the economy…
Hello! 🙋🏼♀️ I’m Nicole Fallert, and welcome to Tuesday’s Daily Briefing. Don’t fear the worm moon. In today’s news: American stocks take a major tumble The American stock market had its worst day of the year on Monday, when the tech-heavy Nasdaq and broad S&P 500 posted their biggest one-day drop since September 2022. Why? Investors…