Tag : trade war

EU considers countermeasures if US imposes new trade tariffs
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EU considers countermeasures if US imposes new trade tariffs

manamalive.com
The European Commission has requested further clarification regarding U.S. President Donald Trump's recent announcement of imminent tariffs on steel and aluminum exports from European Union countries. The Commission stated that it would not issue an...
UK growth forecast slashed as Bank of England lowers rates
Business

UK growth forecast slashed as Bank of England lowers rates

manamalive.com
The Bank of England (BoE) announced its first interest rate cut of 2025 on Thursday, reducing the benchmark rate by 25 basis points to 4.5%. The decision, made amid concerns over sluggish economic growth, saw...
US-EU trade tensions rise as Trump hints at fresh tariffs soon
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US-EU trade tensions rise as Trump hints at fresh tariffs soon

manamalive.com
U.S. President Donald Trump has signaled impending trade tariffs on the European Union and the United Kingdom while hinting that a trade deal with Britain remains a possibility. His remarks, made during an interview with...
China retaliates with tariffs after Trump's new trade measures take effect
Business

China retaliates with tariffs after Trump’s new trade measures take effect

manamalive.com
China has announced retaliatory economic measures against the United States following the implementation of 10% tariffs on Chinese imports by the administration of U.S. President Donald Trump. The new Chinese tariffs, set to take effect...
Nasdaq, S&P 500 drop as trade tensions rise with new U.S. tariffs
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Nasdaq, S&P 500 drop as trade tensions rise with new U.S. tariffs

manamalive.com
U.S. stocks declined on Monday following President Donald Trump's announcement of new tariffs on China, Mexico, and Canada. However, major indices pared early losses mid-morning after Trump stated that tariffs against Mexico would be delayed...
Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments
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Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments

manamalive.com
The Kremlin has dismissed a renewed warning from U.S. President Donald Trump about imposing tariffs on BRICS nations if they move to establish a common currency. Dmitry Peskov, spokesperson for the Kremlin, clarified that BRICS...