Former President Donald Trump announced that the US has sealed a groundbreaking new trade deal with China, aimed at easing tensions and sparking a powerful wave of economic collaboration between the two global giants, according to Al Jazeera reports
Browsing: economic policy
Canada has fired back boldly at Trump’s tariff ultimatum, imposing a steep hike on US goods. This striking move threatens key American industries, escalating the high-stakes trade battle between the two neighbors
The US Senate has dramatically cut the remittance tax to India from 3.5% to a mere 1%, making it much more affordable for millions of senders. This bold move aims to empower the Indian diaspora and turbocharge cross-border money transfers, The Economic Times reports
Germany is dramatically ramping up its borrowing to unprecedented heights, powering bold economic recovery plans and pioneering green initiatives. This daring surge in debt marks a significant shift in the nation’s fiscal strategy, sparking vibrant debate across Europe
Argentina, often dubbed the IMF’s wild child, has missed its foreign exchange reserve targets but is on the brink of securing a vital waiver. This crucial move aims to propel debt relief talks forward, providing a much-needed lifeline to ease mounting financial pressures
China has unveiled bold new guidelines aimed at boosting financial support and sparking a surge in domestic consumption, Reuters reports. These dynamic initiatives are set to enhance credit access and ignite spending, driving steady economic growth
Japan’s debt, once a looming threat, is finally starting to shrink. Yet, significant economic challenges persist-an aging population and slow growth signal that the nation’s struggles are far from behind, cautions The Economist
Canada has announced an ambitious surge in defence spending to meet NATO targets, all while navigating ongoing tariff tensions. Finance Minister Carney emphasized this bold commitment as a powerful promise to strengthen alliance ties and safeguard economic stability
Chinese and EU trade officials have reignited talks following Ursula von der Leyen’s recent passionate remarks on market access and human rights, aiming to ease tensions and breathe new life into their economic partnership
Japan is gearing up to reduce sales of super-long government bonds in its upcoming fiscal year revision, striving to better control debt issuance and foster greater stability in the market, Reuters reported via Investing.com
Exclusive: Treasury Secretary tells “Pod Force One” that China’s 30% share of global manufacturing is “too high” and warns it “can’t go any higher,” underscoring rising U.S. concerns over supply chain dependence, the New York Post reports
Trump and Starmer have struck a landmark trade deal that dramatically cuts tariffs on U.K. cars, steel, and more-paving the way for a booming surge in transatlantic trade and stronger economic ties between the U.S. and the United Kingdom
Bruegel’s latest report uncovers ten urgent challenges facing China’s economy-from slowing growth and rising debt risks to dramatic demographic shifts-highlighting major hurdles that threaten the nation’s economic stability and its role on the global stage
President Trump highlighted encouraging strides in U.S.-China relations during a recent statement, igniting hope even as specific details remain under wraps. At the same time, experts urge caution, emphasizing that crucial agreements and timelines are still unclear
Argentina is facing a growing debt crisis that is straining its economy and edging the nation dangerously close to default. Experts warn that without rapid and far-reaching structural reforms, the country’s financial stability may be severely threatened
In a recent WSJ opinion piece, experts argue that former President Trump’s trade strategy with China is riddled with confusion and inconsistency. Critics caution that such unpredictable policies risk undermining the U.S. economy and diminishing its influence worldwide
Japan has issued rare warnings about its bond market in the latest policy roadmap, highlighting growing concerns over rising yields and potential market turbulence, Reuters reports. This signals a careful shift in the nation’s traditionally steady monetary approach
China has announced it will eliminate tariffs on almost all goods from Africa, strengthening trade ties as both parties push back against US policies. This bold step seeks to ignite economic cooperation in the face of escalating global tensions
Japan’s Prime Minister has called on the ruling LDP executive to include a cash handout in their upcoming election pledge, aiming to capture voters’ support amid persistent economic challenges, Reuters reports
The IMF has applauded Argentina’s recent reform efforts, calling them a promising sign as the much-anticipated visit at the end of June approaches. These bold moves showcase the country’s strong commitment to meeting the vital economic targets set out in the bailout agreement