Global banks predicted to get 10% trading revenue boost on tariff turmoil

Global banks including top U.S. lenders are expected to report a 10% gain in markets revenue as traders cashed in on shifting U.S. tariff policies, according to estimates from analysis firm Crisil ... Read More

Trump Pushes Global Trade War Back to the Top of His Agenda

The president rolled out a new deadline, new rates and letters. Read More

Trump’s New Trade Threats Set Off Global Scramble to Avoid Tariffs

Many countries thought they were negotiating in good faith. The White House renewed its “reciprocal” tariff plan anyway, giving countries until Aug. 1 to make offers. Read More

Trump Says Global Trade Is Unfair. Does He Have a Point?

Data from the World Trade Organization showed the United States had a trade-weighted average tariff rate of 2.2 percent in 2023, compared with 2.7 percent for the European Union, 1.9 percent in ... Read More

World Trade Organization says global trade could slide this year because of Trump's tariff policies - Yahoo

The World Trade Organization says the volume of trade in goods worldwide is likely to decrease by 0.2% this year due to U.S. President Donald Trump’s shifting tariff policies and a standoff with ... Read More

US Tariffs Will Weaken Global Economy and Trigger Inflation but Not a Global Recession, IMF Says - U.S. News & World Report

Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund. Read More

US tariffs will make global trade shrink, says WTO

The WTO previously expected global goods trade to expand by 2.7% in 2025 but it now forecasts it will fall by 0.2%. Chief economist Ralph Ossa said: "Tariffs are a policy lever with wide-ranging ... Read More

China-US 90-Day Tariff Truce Should Be Extended, Global Times Says - U.S. News & World Report

BEIJING (Reuters) -The 90-day tariff truce agreed by the United States and China during trade talks in Switzerland last weekend is too short, China's state-backed Global Times said on Friday, as ... Read More

US, global recession forecasts grow with Trump’s massive ‘reciprocal’ tariffs now in place | CNN Business

Trump’s tariffs have hit the world’s second-largest economy, China, the hardest. Now Beijing is going head-to-head with its larger rival, the US, in a full-blown trade war. Read More

World Trade Organization says global trade could slide this year because of Trump's tariff policies - Yahoo Finance

The World Trade Organization says the volume of trade in goods worldwide is likely to decrease by 0.2% this year due to U.S. President Donald Trump’s shifting tariff policies and a standoff with ... Read More

US tariffs will make global trade shrink, says WTO - BBC

The World Trade Organization (WTO) has forecast that global trade will fall this year because of US President Donald Trump's tariffs. It added "severe downside risks", including reciprocal tariffs ... Read More

World Trade Organisation says global trade could slide this year because of Trump’s tariff policies - The Independent

Donald Trump’s tariff plans will cause global trade to shrink this year, the World Trade Organisation said on Wednesday as it warned of “unintended consequences” from the changes.. Trade ... Read More