US Tariffs Backfire? Expert Warns of Inflation Surge ๐จ๐ธ
US tariffs may trigger inflation by late 2024, warns economist Gary Hufbauer, calling the policy “ridiculous” and harmful to consumers. ๐ธ
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US tariffs may trigger inflation by late 2024, warns economist Gary Hufbauer, calling the policy “ridiculous” and harmful to consumers. ๐ธ
Major US companies report billions in losses due to tariffs, with GM and Stellantis hit hardest. Is the trade strategy backfiring? ๐ฅ๐
New research shows U.S. tariffs could slash its GDP by 0.36%, with long-term global impacts. ๐บ๐ธ๐ผ #TradeWars
Brazil and India vow to defend their economies against U.S. tariff threats, sparking a global trade showdown ahead of the August 1 deadline.
U.S. President Trump sets a 10-day deadline for Russia to de-escalate the Ukraine conflict, threatening tariffs. Tensions rise as Moscow remains silent. ๐โก
Despite U.S. tariffs, China’s economy grows 5.3% in 2025, driven by domestic demand and global partnerships. Discover how resilience shapes global markets. ๐๐ผ
Despite new 30% U.S. tariffs, EU luxury brands like Vienna’s Lobmeyr remain confident, betting on affluent customers to absorb price hikes. ๐ผโจ
Economist editor warns U.S. tariff policies risk global economic fallout as tensions with the EU escalate. Are trade wars back on the menu? ๐โ๏ธ
EU business leaders warn U.S. tariff policies are destabilizing the global economy, urging Europe to prioritize competitiveness over protectionism. ๐๐ผ
U.S. announces 35% tariffs on Canadian imports starting August 1, escalating trade tensions. Canada vows to defend its interests. ๐๐ผ #TradeWars