US Tariffs Would Eat Up German Growth in 2025
German Central Bank Chief: US Tariffs Would Eat Up German Growth in 2025 The Bundebank expects growth of 0.7% in Germany in 2026 but this…
Category: FINANCE
Trump announces new 35% tariff on Canadian imports
US President Donald Trump announced plans to impose a 35% tariff on all imports from Canada, effective August 1, in response to Ottawa’s recent tariffs…
Trump sets 50% tariff rate for Brazil, blasting treatment of former far-right president
President Trump broke from his tariff letter format to tell the president of Brazil that he plans to put a 50% tariff on “any and…
Canada seeks pact with Southeast Asian countries to diversify trade
Canada is seeking to finalise a free trade deal with Southeast Asian nations as part of a push to expand into new markets, its top…
WPP alerts over profits after worsening trading
Marketing giant WPP has seen shares tumble after warning over profits following weaker-than-expected trading as clients cut spending amid global economic uncertainty. The group said…
Saudi Arabia, Russia Seek to Deepen Economic and Industrial Ties
Saudi Arabia and Russia have stepped up efforts to strengthen their economic and industrial partnerships, as Minister of Industry and Mineral Resources Bandar Al-Khorayef led…
Trump has Steep Copper Tariffs as He Broadens His Trade War
US President Donald Trump on Tuesday said he would impose a 50% tariff on imported copper and soon introduce long-threatened levies on semiconductors and pharmaceuticals,…
Tesla Shares Fall as Musk’s ‘America Party’ Riles Investors
Tesla shares fell over 3% on Monday, under pressure from investor concerns about the focus of boss Elon Musk after he announced he would form…
French Companies Seek to Invest $947 Million in Malaysia
Several French companies seek to invest a total of 4 billion ringgit ($947 million) in Malaysia after a trade delegation led by Prime Minister Anwar…
Asian Markets Drop as Trump’s Tariff Deadline Looms
Most Asian markets fell Monday as countries fought to hammer out trade deals days before Donald Trump’s tariff deadline, though investors took heart after he…