US Q1 Economic Contraction Sparks Recession Fears as Tariffs Bite
U.S. GDP contracts 0.3% in Q1 2024 as tariff-driven trade disruptions and spending cuts trigger rising recession concerns among economists and businesses.
USEconomy
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Global Trade Turmoil: Tariffs Spark Economic Shifts as China Embraces Openness
Escalating U.S. tariffs clash with China’s openness, reshaping global trade dynamics as industries and alliances pivot toward new opportunities.
Trump’s 100 Days: Policy Chaos and Global Repercussions
Analyzing the impact of Trump’s second-term policies on the US economy, global trade relations, and political dynamics in his first 100 days.
Trump’s 100 Days: America’s Decline or Revival?
Analyzing Trump’s second-term 100 days: Approval ratings hit historic lows amid domestic and global challenges. Exploring impacts on U.S. economy and global standing.
Majority of Americans Criticize Trump’s Economic Impact, CNN Poll Finds
A CNN poll reveals 59% of Americans believe Trump’s policies hurt the economy, with rising discontent over trade policies and living costs.
U.S. Faces Stagflation Risk as Tariffs Fuel Consumer Stress, Apollo Warns
Apollo Global Management warns U.S. tariffs are triggering stagflation risks, slowing trade with the Chinese mainland, and straining consumer confidence.
Trump’s 100-Day Approval Hits Historic Low Amid Economic Fears
Trump’s approval ratings hit a historic low at 100-day mark, with polls citing economic worries and tariff policy impacts on global markets.
Trump Tariff Policies Risk US Isolation in Global Trade, Experts Warn
WTO and IMF reports warn Trump-era tariff measures may reduce global trade growth, with US facing significant economic isolation and supply chain shifts.
Stiglitz Criticizes Trump Tariff Plan’s Economic Impact
Nobel economist Joseph Stiglitz warns Trump’s tariff plan risks disrupting supply chains and failing to boost jobs, with implications for Asian markets.
US Services Trade Surplus: The Overlooked Economic Powerhouse
The US recorded a $278.4B services trade surplus in 2023, underscoring a critical economic strength often overshadowed by merchandise deficit debates.
China Vows to Counter US Tariff Threats with Firm Resolve
China reaffirms commitment to safeguard economic interests against new US tariff threats, highlighting reduced trade dependence and domestic market strength.
China Condemns U.S. Threat of 50% Tariffs Amid Trade Tensions
China’s Commerce Ministry criticizes proposed U.S. tariffs, urging dialogue to resolve trade disagreements. Tariffs called ‘mistake on a mistake.’
US Economic Outlook Dims as ‘Liberation Day’ Tariffs Loom
Global agencies downgrade US economic forecasts as Trump’s reciprocal tariffs approach, raising concerns over trade policies’ impact on global markets.
U.S. Consumer Confidence Hits 12-Year Low Amid Economic Jitters
U.S. consumer confidence drops for fourth consecutive month, hitting a 12-year low amid recession concerns. Investors monitor implications for global markets.
Fed Chair Powell Warns of Rising US Recession Risks Amid Policy Shifts
US Federal Reserve Chair Jerome Powell signals rising recession risks amid policy shifts, with implications for Asia’s trade and investment landscape.
US Tariffs Spur Inflation, Consumer Confidence Plummets
Rising US tariffs contribute to inflation surge and falling consumer confidence, signaling economic strains as experts monitor global implications.
US Consumer Sentiment Hits 10-Month Low Amid Tariff Uncertainties
US consumer sentiment falls for third month due to tariff uncertainty and inflation fears, UMich survey shows.
Trump’s Trade Policies Raise Costs for U.S. Households
Trump’s expanded tariffs on Chinese mainland, Canadian, and Mexican goods could cost U.S. households $1,200 annually, analysts warn, amid global trade tensions.
US Inflation Persists as PCE Price Index Hits 2.5% in January
The US PCE Price Index rose 2.5% in January, signaling persistent inflationary pressures as consumer expectations for future inflation reach the highest level since 1995.
Trump’s Tariff Plans: Promises of Jobs Amid Economic Uncertainty
U.S. President Donald Trump signs a memo to investigate new tariffs aimed at restoring “fair” trade, sparking debates on potential job creation versus economic challenges.
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