Economists are raising urgent concerns about Trump’s new tariff on Brazil, warning it sets a “scary precedent” despite the U.S. enjoying a trade surplus with the country. This bold action ignites fears of escalating trade conflicts and sparks anxiety over potential retaliatory measures
Browsing: economists
Germany is set to make a strong comeback with economic growth in 2024, following two tough years of decline, economists told Reuters. This resurgence is driven by a powerful upswing in industrial production and a vibrant surge in export demand
Economists are sounding the alarm, declaring that Canada has slipped into a recession. With consumer spending taking a hit and inflation on the rise, the outlook is concerning. Analysts predict that these persistent economic pressures may spell extended difficulties for Canadian households and businesses alike.
Brazil could emerge as a significant beneficiary of the U.S. tariffs on imports, economists suggest. As American companies seek alternative suppliers, Brazilian exports in agriculture and manufacturing may see a substantial boost.