The U.S. Economy at Risk: Trump’s New Tariff Policies May Backfire
Analysts warn that the new Trump administration’s 60% tariff on imports from China could severely damage the U.S. economy, impacting agriculture, manufacturing, and consumers.
Economic Impact
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Experts Warn Trump’s Tariffs Could Ignite Global Trade War
Experts warn that President Trump’s proposed tariffs could ignite a global trade war, leading to economic disruption and heightened tensions among the United States and its trading partners.
UN Report Reveals First Rise in Extreme Poverty in 20 Years
A United Nations report reveals that global extreme poverty has risen for the first time in 20 years, highlighting the profound impacts of recent global crises and calling for urgent international action.
Helene and Milton Rank Among Costliest Hurricanes, Devastate Florida and Carolinas
Two colossal hurricanes, Helene and Milton, have devastated Florida and the Carolinas, causing over $50 billion in damages and leaving uninsured victims facing immense financial hardship.
Floridians Continue Recovery Efforts After Devastating Hurricane Milton
Florida’s west coast is working to recover after Hurricane Milton leaves 23 dead and causes nearly $100 billion in damage.
U.S. Economists Sound Alarm Over New Tariffs on Chinese Imports
U.S. economists warn that new tariffs on Chinese imports could have severe economic consequences, impacting supply chains, consumer access to affordable goods, and efforts toward renewable energy transition.
Surge in International Visitors Boosts ‘China Travel’ Trend
International visitors are flocking to the Chinese mainland as new visa-free policies boost the “China Travel” trend, with numbers increasing by nearly 130% in the first seven months of 2024.
Paris 2024 Olympics: A Legacy Worth the Price?
As the curtain falls on the Paris 2024 Olympics, we explore whether the nearly ten billion dollars spent was worth it and what legacy the Games leave behind.
Global Toll: 400 Million Affected by Long COVID-19, New Research Reveals
New research reveals that 400 million people worldwide have been affected by long COVID-19, with an estimated annual economic cost of $1 trillion, highlighting the urgent need for global action.
The Economic Impact of Hosting the Olympics: A Closer Look at Paris and Beijing
Exploring the economic implications of hosting the Olympics, with insights from Paris and Beijing’s experiences, and expert analysis on whether the Games stimulate growth or burden host cities financially.
France Anticipates Major Economic Boost from Paris 2024 Olympics
France anticipates significant economic benefits from the 2024 Paris Olympics. Could the Games make Paris the most profitable Olympic host yet?
Baking July Heatwaves Escalate Global Health and Economic Risks
July continues to shatter temperature records globally, bringing severe health and economic impacts, as warned by UN Secretary-General Antonio Guterres.
Israeli Air Strikes Devastate Yemeni Port of Hodeidah, Affecting Lives and Economy
Israeli air strikes on the Yemeni port of Hodeidah on July 20 resulted in fatalities and severe disruptions. Locals express concerns over fuel shortages and economic impacts on their lives.
Severe Floods in Jiangxi Province Impact Over 1.5 Million People
Over 1.56 million people in Jiangxi Province are affected by severe floods caused by heavy rainfall, leading to significant economic losses and widespread damage to homes and farmland.
Extreme Weather in 2023 Severely Impacts Italian Agriculture, Forestry, and Fishing Sectors
New data from ISTAT reveals that extreme weather in 2023 significantly affected Italy’s agriculture, forestry, and fishing sectors, causing declines in production, added value, and employment.
EU’s Increased Tariffs on Chinese EVs Spark Trade Concerns
The EU’s decision to impose higher tariffs on Chinese electric vehicles raises concerns about trade relations and economic growth between the two major markets.
UN Expert Urges Lifting of Sanctions Against China, Citing Illegality
A UN special rapporteur calls for lifting unilateral sanctions against China, highlighting their illegality and adverse effects on human rights and socioeconomic conditions.
US Tariff Hikes on Chinese Imports Face Domestic Criticism Over Economic and Climate Concerns
Critics within the United States are expressing concern that new tariffs on Chinese imports could harm the U.S. economy and hinder global efforts to combat climate change.
Taylor Swift’s European Tour Sparks Economic Boom
Taylor Swift’s European tour is causing an economic surge across the continent. As Europe experiences a boost, Asia looks to similar events to capitalize on the power of global music.
Climate Change Threatens to Slash Global GDP by Nearly 20% by 2050
Climate change could slash global GDP by nearly 20% by 2050 due to CO2 emissions already in the atmosphere, warns a new study.