Economy - News for amigos, by amigos

U.S. Tariff Shock: Yale Study Reveals Highest Import Taxes Since 1934

A Yale Budget Lab study reveals U.S. tariffs hit 18.3% — the highest since 1934, impacting GDP, unemployment, and everyday spending.

China unveils a dynamic blueprint to boost domestic demand and build economic resilience amid global uncertainties.

China’s PBOC vows a moderately loose policy to boost H2 innovation and consumption, fueling high-quality development since 2025.

Trump fires the BLS chief after a weak jobs report, stirring political controversy and market jitters.

U.S. President Donald Trump signs an order imposing tariffs (10%-41%) on trading partners, with pending deals with the Chinese mainland and Mexico.

Trump’s new tariffs, ranging between 10%-41%, are shaking global trade and impacting economies from India to the Global South.

Key U.S. trade partners may face steep tariffs on Aug 1 if a deal with Trump isn’t reached, sparking inflation fears.

China’s marine economy surged 5.8% in H1 2025, driven by robust resource development and tech innovation amid global challenges.

Discover how a 20% U.S. tariff and a surging New Taiwan dollar trap the Taiwan region in a high-stakes trade showdown.

China’s economy thrives with 5.3% growth, boosting exports and consumer confidence amid global challenges.