US Ports Experience Sharp Decline in Shipments Amid Trade Tensions
US ports report significant declines in shipments due to trade tensions and tariffs, particularly affecting trade with the Chinese mainland.
Trade Tensions
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Fed Holds Interest Rates Steady Amid Global Uncertainties
Amid growing global uncertainties, the U.S. Federal Reserve has decided to keep its key interest rate unchanged, citing concerns over potential inflation due to trade tensions and Middle East conflicts.
ECB Chief Christine Lagarde Warns Tariff Threats Fuel Global Economic Uncertainty
ECB President Christine Lagarde warns that tariff threats are fueling global economic uncertainty, stalling investments, and dampening growth expectations worldwide.
ECB’s Christine Lagarde Calls for Global Unity Amid Trade Tensions
ECB President Christine Lagarde urges global cooperation amid trade tensions, highlighting challenges faced by central banks and emphasizing ties between Europe and China.
China Urges U.S. to Honor WTO Rules Amid Trade Tensions
China calls on the U.S. to honor WTO rules and avoid unilateral tariffs, urging cooperation for stable economic ties, according to Commerce Ministry spokesperson He Yadong.
World Bank Lowers Growth Forecast as Trade Tensions Rise
Facing rising trade tensions and uncertainty, the World Bank has cut its global growth forecasts, warning that without swift action, living standards could suffer worldwide.
US Companies Rush Back to Chinese Supply Chains Amid Eased Trade Tensions
Amid easing trade tensions between the US and the Chinese mainland, American firms are urgently restocking, highlighting the vital role of China’s supply chains in the global economy.
Jobs at America’s Busiest Port Halved Amid Trade Tensions
Jobs at the Port of Los Angeles have been cut by half as trade tensions and tariffs impact cargo volumes at America’s busiest port.
China Urges U.S. to Drop Excessive National Security Measures
China urges the United States to abandon excessive national security measures and reconsider tariff hikes, emphasizing the need for cooperation to maintain global supply chain stability.
OECD Slashes 2025 Global Growth Forecast Amid Trade Tensions
The OECD warns that trade tensions are slowing the global economy, cutting its 2025 growth forecast to 2.9%.