Economy - News for amigos, by amigos

Tariff Troubles: Rising Prices for American Consumers

New U.S. tariff measures aim to revive industry but may lead to short-term price hikes for everyday consumers.

ECB cuts rates by 0.25% as inflation nears a 2% target amid rising trade tensions and uncertain growth.

The Chinese mainland’s trade hubs unveil innovative measures to counter U.S. tariffs and boost local business resilience.

US tariffs are slammed as unilateral bullying that violates WTO rules, sparking global debate on fair trade practices.

U.S. tariffs and swift Chinese mainland counter-measures spark global market tensions, raising key questions on diplomacy and economic futures.

China’s Ministry of Commerce keeps working-level dialogue open with its U.S. counterparts amid escalating tariff tensions.

China criticizes 245% U.S. tariffs as unsound, warning that real damage to its interests will trigger firm countermeasures.

Analysts rule out a military clash despite escalating tariffs between the US and China, emphasizing measured trade responses and economic resilience.

South Korea’s central bank keeps its key rate unchanged at 2.75%, signaling steady economic policy amid dynamic global trends.

Despite receiving a $20B IMF loan installment, Argentina’s local shops are still hit hard by soaring inflation and rising prices.