The U. S. Treasury Secretary, Scott Bessent, recently hinted that Walmart, the nation's biggest retailer, might increase prices due to President Trump's tariffs. This came after Trump warned Walmart not to raise prices and promised to keep a close eye on the situation. The conversation between Bessent and Walmart's CEO, Doug McMillon, happened just a day after Trump...
The U. S. and China have decided to hit the pause button on their trade war. This move comes after high-level talks in Geneva, Switzerland. Both sides agreed to temporarily reduce tariffs on each other's goods. This is a big deal because it shows that both countries are willing to work together to find a solution. The U. S. will lower its tariffs on China to 30% fro...
The world watched as the U. S. and China sat down to talk tariffs. This isn't just about two countries having a chat. It's about the global economy hanging in the balance. The talks stretched on for hours, but no one knows if anything was accomplished. Both sides kept their cards close to their chests, leaving everyone in the dark. The meeting took place in ...
The world is buzzing with anticipation as a major trade announcement is on the horizon. The buzz is all about a significant trade agreement that's supposed to be unveiled. This news comes after a period of intense trade tensions and high tariffs that have been causing headaches for both the US and global economies. The announcement is expected to involve the United ...
The financial world in Asia-Pacific was quite calm on Monday. Investors were busy evaluating China's plans to boost local businesses. They were also keeping an eye on the ongoing trade talks between the U. S. and various countries in the region. China's finance minister, Lan Fo'an, had made some big promises over the weekend. He said China would use stronger economi...
Countries worldwide are lining up to talk trade with the U. S. after recent tariff hikes. These tariffs, which took effect recently, have stirred up global markets and sparked worries about a recession. The U. S. president has made it clear that he's open to deals, but the process might be slow. Nearly 70 countries have expressed interest in negotiations, hoping to l...
The world is grappling with the fallout from the U. S. President's aggressive tariff increases. Many countries are scrambling to figure out how to handle the situation. Some are even sending their trade experts to Washington to talk things out. The European Union's top official, Ursula von der Leyen, has proposed a mutual reduction of tariffs to zero on certain goods...
The US is gearing up for a significant shift in global trade. Top officials have made it clear that the country is not backing down from its plans to impose hefty tariffs on imports. This move is part of a broader strategy to overhaul international trade practices, which the administration believes have been unfair for decades. The decision to press ahead with these...
The world of finance was shaken up when a prominent political figure announced sweeping tariffs. This decision sent shockwaves through global markets, causing significant drops in stock prices. The Dow Jones, Nasdaq, and S&P 500 all took a hit, with percentages dropping sharply. This move was not just about economics; it was a bold political statement. The figurehead...
The upcoming April 2nd event, dubbed "liberation day, " is all about tariffs. This is not just about raising prices on goods from other countries. It's also about finding ways to make money for tax cuts. This is why the president is looking at different laws to make his tariff plan stronger. One idea is to use a law called Section 301 to investigate trading partne...