#USEconomy Archives - Top Story Genz

China Responds to US Tariffs After Global Market Rout

Global financial markets took a massive hit this week, losing $5 trillion in value after US President Donald Trump imposed new tariffs on Chinese imports, prompting retaliatory actions from Beijing…

Admin April 5, 2025

Buisness

Trump Stays Defiant as Tariffs Spark Global Market Turmoil

A global market crash was sparked on Thursday, with Wall Street leading the way, as countries reacted to President Donald Trump's trade war. While the White House maintained that the…

Admin April 4, 2025

World

Trump refuses to rule out a 2025 US recession.

WASHINGTON:President Donald Trump on Sunday did not dismiss the possibility of the United States entering a recession this year, leaving the question open during a Fox News interview. When asked…

Admin March 11, 2025

Buisness

Trump Imposes 25% Auto Tariffs, Promises More Details by April 2

PALM BEACH: Former U.S. President Donald Trump announced on Tuesday that tariffs on automobiles would remain at approximately 25%, with further details set to be revealed in an official…

Admin February 19, 2025

World

Canada and US Enter Tariff Dispute

Trump Defends Tariffs Despite Potential Economic "Pain" PALM BEACH: On Sunday, President Donald Trump acknowledged that Americans might experience economic "pain" due to his newly imposed tariffs on major…

Admin February 3, 2025

World

IMF Cautions Against Trump’s Plans, Raises UK’s Economic Outlook

The International Monetary Fund (IMF) has raised its growth forecast for the UK economy to 1.6% in 2025, slightly above its earlier estimate of 1.5%. However, it also issued a…

Admin January 17, 2025