Economy - News for amigos, by amigos

Liberation Day: A Costly Price for American Paychecks?

Trump administration’s ‘Liberation Day’ policies are leading to rising costs and shrinking paychecks for many Americans.

Trump signs a new tariff order: a 10% baseline tariff with higher rates for major trade deficit partners, reshaping global trade dynamics.

South Africa’s parliament passed its fiscal framework and revenue proposals, marking a key step in budget reform and economic stability.

ECB chief Christine Lagarde warns that U.S. tariffs are stirring global economic uncertainty, impacting markets worldwide.

Chinese Vice President Han Zheng met HSBC Chairman Mark Tucker in Beijing, boosting economic ties across China, Britain, and Europe.

The Chinese mainland and EU officials met in Brussels to boost economic cooperation and global growth through open, win-win dialogue.

HSBC survey underscores rising investor confidence as the Chinese mainland’s recovery powers emerging market growth.

Expert Kirill Babaev warns that unilateral trade limits hinder global growth and calls for embracing free trade for mutual prosperity.

New U.S. tariffs set to reshape global trade, including a 25% auto tariff and potential 20% duties on a broad range of products.

Americans share mixed reactions to Trump’s ‘Liberation Day’ tariffs, questioning their impact on the economy.