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Tag: tariffs

Finance minister
Pakistan
  • Reuters
  • May 12, 2025
Conflict with India won’t have large fiscal impact, says Aurangzeb

Finance Minister Muhammad Aurangzeb said trade talks with the United States would likely have progress in “short order.”

Fed rates
World
  • Reuters
  • May 08, 2025
Fed sees rising risks to economy as it leaves rates unchanged

Fed’s policy statement, which held the benchmark rates steady, noted that economic uncertainty has increased further.

US trade deficit
Business
  • Web
  • May 06, 2025
US trade deficit surges to record high

The trade gap jumped 14.0 per cent to a record $140.5 billion from a revised $123.2 billion in February, the Commerce Department’s Bureau of Economic Analysis (BEA) said on Tuesday.

Oil Prices
Business
  • AFP
  • May 05, 2025
Oil prices slide after OPEC+ output hike

tock markets were mostly down in holiday-thinned trading ahead of central bank decisions later in the week, while shares in film companies fell after Trump announced tariffs on movies.

South Korea election
World
  • Reuters
  • May 02, 2025
South Korea’s latest acting president vows to ensure stability until election

Lee pledged to work closely with the cabinet and opposition-led parliament which impeached Yoon in December, and to try to stabilise the government.

US manufacturing contraction
Business
  • AFP
  • May 01, 2025
US manufacturing contraction deepens amid trade uncertainty

The stop-start rollout of the levies, and the ensuing uncertainty, have caused confusion in financial markets, sending volatility surging.

Foreign ministers from the BRICS group of developing nations failed to agree on a joint communique, belying differences within the bloc.
Business
  • Web Desk
  • Apr 30, 2025
Growing BRICS group shows internal rifts as ministers fall short of joint statement

Amazon
Business
  • AFP
  • Apr 29, 2025
W House slams Amazon over ‘hostile’ plan to display tariff effect on prices

“Why didn’t Amazon do this when the Biden administration hiked inflation to the highest level in 40 years?”

Canadian election
World
  • Reuters
  • Apr 28, 2025
Canadians vote in election dominated by concerns about Trump

“This is probably the most consequential election in my lifetime,” said Kelly Saunders, a political science professor at Brandon University. “Everything has been so overshadowed by the threats coming out of the United States.”

IMF-WB Meetings
World
  • Reuters
  • Apr 27, 2025
IMF-WB meetings end with little tariff clarity, but economic foreboding

The IMF took a slightly more optimistic view of the economic fallout from the highest US tariffs in more than a century, according to Reuters.

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