Policymakers are grappling with “exceptionally high” uncertainty, Christine Lagarde, the president of the European Central Bank, said on Wednesday, just hours after the European Commission announced tariffs on U.S. imports in response to levies
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Global trade turmoil deepened on Wednesday as the European Union announced up to about $28 billion in retaliatory tariffs on U.S. exports, shortly after President Trump’s across-the-board levies on steel and aluminum imports took
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As a presidential candidate, Donald J. Trump promised an economic “boom like no other.” But eight weeks into his presidency, Mr. Trump is refusing to rule out a recession — a striking change in
The European Union is putting tariffs on a range of products from the United States in retaliation to President Trump’s steel and aluminum tariffs, and items that come from Republican-held states rank high on
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Ensuring that your cash savings are earning the highest possible rate of interest is one of the simplest steps you can take to optimise your finances. In March 2025, the best available interest rates
President Trump’s imposition of tariffs on all steel and aluminum imports could make it more expensive to produce cars in the United States, dealing another blow to automakers already facing the potential of rising
President Trump’s sweeping tariffs on foreign steel and aluminum went into effect on Wednesday, escalating America’s trade spats with global competitors, including close allies already reeling from his on-and-off approach to trade penalties. Mr.