Economy
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China will continue to take resolute measures to safeguard development interests, government says
China said on Saturday “the market has spoken” in rejecting U.S. President Donald Trump’s tariffs, and called on Washington for…
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Italy warns against counter-tariffs on U.S., as it aims for a “de-escalation”
Italian Economy Minister Giancarlo Giorgetti warned on Saturday against the imposition of retaliatory tariffs on the United States in response…
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Trump’s baseline tariff plays to Turkey’s advantage to access the American market, vice president says
The relatively low 10% baseline tariff that the United States has applied to Turkey could favour Turkish exporters, Turkey’s vice…
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USA: Unemployment Rises to 4.2% in March
The unemployment rate in the United States experienced a slight increase in March for the second consecutive month, as reported…
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Japan Dubs U.S. Tariff Measures a “National Crisis” (Prime Minister)
The 24% tariffs imposed by Washington on Japanese goods represent a “national crisis” for Japan, a country that heavily relies…
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Fitch Downgrades China’s Long-Term Foreign Currency Rating Amid Rising Debt Concerns
Fitch Ratings downgraded China’s long-term foreign currency issuer default rating from ‘A+’ to ‘A’ on Thursday, citing rising public debt…
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Starmer Vows ‘Cool and Calm’ Response to Trump’s Tariffs, Leaves Retaliation Open
British Prime Minister Keir Starmer assured that the UK government will respond with “cool and calm heads” to new US…
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Habeck: US Tariffs Will Be “Inflation Day Rather Than Liberation Day” for Consumers
German Economy Minister Robert Habeck sharply criticized the new US tariffs announced on Thursday, warning that they would harm both…
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EU Foreign Policy Chief Calls for Diversification Amid US Tariffs and Ukraine Aid Push
The EU foreign policy chief, Kaja Kallas, stated on Thursday that there are “no winners in trade wars” following the…
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Italian Prime Minister Meloni Calls US Tariffs on EU a “Wrong Measure”
Italian Prime Minister Giorgia Meloni condemned the US decision to impose tariffs on European Union goods, calling it a “wrong…
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