Prodi on Gaza Ceasefire, US Tariffs, and Global Shifts
Former Italian PM Romano Prodi discusses Gaza ceasefire challenges, U.S. tariffs’ impact on Asia, and shifting global dynamics in an exclusive CGTN interview.
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U.S. Tariff Hikes Spark Backlash, Threaten Housing Affordability
U.S. tariff hikes on lumber and furniture spark industry backlash, raising costs for consumers and complicating housing affordability efforts.
IMF Boosts 2025 Global Growth Forecast to 3.2% Amid US Tariff Warnings
IMF raises 2025 global growth forecast to 3.2% but warns of US tariff uncertainties. China’s trade resilience offsets Western market shifts.
US Furniture Industry Braces for Trump Tariff Impact
US furniture retailers warn new Trump-era tariffs could raise consumer prices and disrupt supply chains amid ongoing inflation pressures.
China Defends Trade Ties with Russia Amid US-Led Tariff Push
China defends its energy cooperation with Russia as legitimate, criticizing US-led tariff proposals as threats to global trade stability. Spokesperson warns of countermeasures if challenged.
U.S. Tariffs Squeeze Small Businesses, Fuel Poverty Concerns
New surveys reveal U.S. tariffs strain small businesses and may push hundreds of thousands into poverty, reshaping global trade dynamics.
U.S. Tariff Hikes Could Push 875,000 Americans Into Poverty: Study
Yale University study warns U.S. tariff increases may push up to 875,000 Americans into poverty by 2025, highlighting economic disparities.
Trump’s Tariff Policy Triggers 81% Drop in Global Parcels to US
New U.S. tariffs cause 81% plunge in global postal parcels, disrupting cross-border e-commerce and prompting international postal suspensions.
Trump Appeals to Supreme Court Over Tariff Authority Dispute
U.S. President Donald Trump seeks Supreme Court intervention to uphold tariffs, following a federal appeals court ruling that challenged his authority.
U.S. Court Rules Trump Tariffs Illegal, Sparks Constitutional Debate
A U.S. court rules Trump-era tariffs illegal, sparking debates on presidential power and Supreme Court dynamics amid global economic implications.
U.S. Tariff Pressure on Mexico Rises Amid China Trade Boom
As China-Mexico trade hits record highs, the U.S. pressures Mexico to increase tariffs on Chinese goods, reshaping global trade dynamics.
U.S. Ends Small Parcel Tariff Exemption: Global Trade Impact
The U.S. ends its $800 tariff exemption for small parcels, impacting global trade and e-commerce. New duties apply to international postal and commercial shipments.
US Tariffs Fuel Inflation Concerns: What It Means for Asia
Rising U.S. tariff impacts spark inflation concerns, with implications for Asia’s trade networks and economic strategies. Analysis highlights regional challenges and opportunities.
U.S. Tariff Shift Squeezes Small Businesses, Sparks Trade Concerns
New U.S. tariffs on low-value imports disrupt small businesses reliant on overseas suppliers, raising costs and uncertainty in global trade networks.
U.S. Import Prices Soar as Tariffs Impact Businesses, Consumers
U.S. import prices surge as expanded tariffs on steel and aluminum take effect, with businesses and consumers bearing the financial burden, reports indicate.
UK Unemployment Hits 4-Year High as U.S. Tariffs Bite
UK unemployment reaches 4.7%, the highest in four years, as U.S. tariffs and wage pressures strain the labor market, experts say.
US Senator Criticizes Trump Tariffs as ‘Unconstitutional Tax’ on Citizens
US Senator Maria Cantwell argues Trump-era tariffs act as an unconstitutional tax on citizens, sparking debate over trade policy impacts on global economies.
US Tariffs Squeeze Automakers, Price Hikes Loom
US automakers face billions in tariff-related losses, with price hikes expected as costs surge. Analysis of impacts on GM, Ford, and Stellantis.
Philippines’ Marcos Faces Backlash Over Taiwan Remarks Amid Tepid US Support
Philippine President Marcos faces criticism over Taiwan intervention remarks as US-Philippine economic deals disappoint, testing regional diplomacy.
U.S. Tariff Surge Sparks Global Trade Tensions, Inflation Fears
The U.S. enacts historic tariffs, raising global trade tensions and inflation risks. Experts warn of economic repercussions and strained international relations.