IMF Lowers 2025 Global Growth Forecast to 2.8% Amid U.S. Tariffs
The IMF has slashed its 2025 global growth forecast to 2.8%, citing the impact of U.S. President Donald Trump’s new tariffs on the world economy.
U.S. Tariffs
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California Challenges Trump’s Tariffs, Citing Harm to State Economy
California has become the first state to sue the U.S. federal government over tariff policies, with Governor Gavin Newsom citing significant harm to the state’s economy and industries.
China’s Top Trade Cities Unite to Boost Economy Amid U.S. Tariff Challenges
China’s major trade hubs are rolling out new support measures to counter U.S. tariff hikes, aiming to stabilize trade and boost domestic consumption.
Global Allies Push Back Against U.S. Tariff Policies
U.S. tariffs are straining global alliances as key partners like Japan, Germany, and Canada reconsider their ties with Washington in response to disruptive trade policies.
China Condemns U.S. Tariffs, Calls for Unity in Upholding WTO Rules
China’s Minister of Commerce Wang Wentao condemns U.S. tariffs, calling for unity in upholding WTO rules and warning of global economic disruption.
China’s Retail Giants Rally to Support Exporters Amid U.S. Tariffs
China’s leading retailers are helping exporters pivot to the domestic market amid U.S. tariffs. Giants like JD.com and FreshHippo launch initiatives to support struggling export enterprises.
China and EU Unite to Support Global Trade Amid U.S. Tariffs
The Chinese mainland and the EU pledge to uphold global trade rules amid U.S. tariffs, aiming to bring stability to the global economy.
EU Approves Initial Retaliation Against U.S. Tariffs
European Union member states have backed the bloc’s first retaliatory measures against U.S. tariffs, targeting a range of American imports in response to Washington’s levies on steel and aluminum.
U.S. Tariffs Trigger Economic Turmoil at Home and Abroad
The U.S. faces economic challenges as recent tariffs backfire, affecting domestic markets and straining international relations in a self-defeating trade war.
U.S. Tariffs Shake Up Africa’s Trade, China Offers New Opportunities
U.S. tariffs are impacting Africa’s trade, but regional integration and partnerships with China offer new opportunities for growth and resilience.