US Tariff Chaos: Economists Warn of Costly Consequences 🚨📉
Economist Justin Wolfers slams chaotic US tariff policies, warning they hike costs without reviving manufacturing jobs. 🌍💼
Global Economy
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US Tariff Delays Spark Economic Uncertainty 🌍💼
Repeated US tariff delays under Trump create unpredictability, impacting global business strategies and long-term economic planning. 🌐📉
U.S. Tariffs Hit Working Families: Prices Rise on Everyday Goods 🌍💸
Rising U.S. tariffs on imports from the Chinese mainland and other regions are driving up prices, hitting working families hardest. Experts warn of long-term economic strain. 📈👨👩👧👦
The US Secretly Dominates Global Services Trade 💼🌐
The US generated a $278.4B services trade surplus in 2023, powered by education, tech, and finance – a story often overshadowed by goods deficits.
EU Vows Strong Pushback Against US Tariffs ⚖️🇪🇺 vs. 🇺🇸
EU leaders promise “firm and immediate” retaliation against new US tariffs, emphasizing unity and fair trade. 🌍💼 #TradeWars
U.S. Tariffs Could Spark Global Economic Instability, Experts Warn
Experts warn that new U.S. tariffs could heighten global economic instability, disrupt supply chains, and fuel uncertainty amid ongoing trade tensions with China. 🌐💼
Trump’s Tariffs Shake Global Markets as Tech Giants Report Mixed Earnings 🚨📉
US economic growth slows amid Trump’s new tariffs, while Meta and Microsoft shine in a turbulent earnings season. What’s next for global markets? 🌍💸
Xi Jinping Advocates for Open, Innovative Global Economy at G20 Summit 🌍💬
Chinese premier Xi Jinping calls for open global economy, WTO reform, and green energy at G20 Summit, emphasizing global cooperation and peace. 🌍💬
China Challenges Canada’s EV Tariffs at WTO 🚨🌍
China takes Canada to the WTO over new EV tariffs and steel taxes, calling them ‘protectionist.’ Tensions rise as Beijing vows to defend its industries. ⚖️🚗
Jeffrey Sachs Criticizes U.S. Supply Chain Policies, Warns of Global Efficiency Loss
Economist Jeffrey Sachs warns that the U.S.’s push to break supply chain ties with the Chinese mainland is harming global efficiency.
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