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Trump says 'good friend' India may face up to 25% tariffs

India, Trump’s ‘good friend’, threatened with 25% tariffs

Donald Trump has implied that India, a nation he has referred to as a “good friend” in the past, might face high tariffs—possibly up to 25%—if issues regarding trade imbalances remain unresolved. His statements underscore the ongoing emphasis on trade policy as a crucial element of his economic strategy, especially concerning nations with which the United States has intricate economic ties.Trump's remarks arise amidst continuous debates about the future of international commerce and the use of tariffs as a tool for securing improved conditions for U.S. companies. Despite the relatively robust diplomatic and strategic connections between India and the U.S.…
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Adidas to raise prices as US tariffs costs rise by €200m

Adidas to lift prices amid €200m surge in US tariffs costs

Adidas is preparing to adjust its pricing strategy in response to mounting financial pressure from increased U.S. import tariffs, which are projected to raise the company’s expenses by approximately €200 million. This anticipated cost spike is prompting the German sportswear giant to pass part of the financial burden onto consumers, especially in key markets like the United States.La corporation ha indicado que estos costos adicionales son mayormente impulsados por modificaciones en la política comercial, en especial los nuevos o aumentados aranceles aplicados a productos fabricados en lugares como China y luego exportados a los Estados Unidos. Para una marca con…
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E.U.'s 0 billion-per-year spending on U.S. energy is unrealistic

Is E.U.’s $250 billion-per-year U.S. energy target possible?

The European Union’s ambitious plan to spend an estimated $250 billion each year on energy imports from the United States is drawing increasing scrutiny, with experts and policymakers questioning the long-term viability and strategic logic behind such a large-scale commitment. As Europe continues to reshape its energy strategy in the aftermath of the Russian supply crisis, concerns are mounting that the proposed reliance on U.S. liquefied natural gas (LNG) and other energy sources may be financially and logistically unsustainable.The project was born out of the continent's pressing requirement to diminish reliance on Russian fossil fuels after the geopolitical consequences of…
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US companies up against 'nightmare' tariff wall

‘Nightmare’ tariff wall poses threat to US businesses

U.S. companies are encountering increasing obstacles in the form of rising global tariffs, as international trade dynamics grow more complex and less predictable. The evolving landscape of import and export duties, combined with shifting geopolitical alliances, is creating what many business leaders are describing as a “nightmare” scenario—one that threatens to disrupt supply chains, inflate costs, and undermine competitiveness across multiple industries.The growing wall of tariffs is not the result of a single policy decision, but rather a culmination of trade tensions, retaliatory measures, and strategic economic positioning by key global players. From the European Union to China and beyond,…
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US-China talks restart as hopes grow for trade war truce extension

US-China negotiations resume as hopes build for trade war truce extension

Diplomatic talks between the United States and China have started again, sparking optimism that the two nations might prolong their delicate ceasefire in the current trade conflict. Following years of rising tariffs and countermeasures that disturbed worldwide supply chains and affected markets, this resumption of official discussions indicates a possible move toward stability and reciprocal cooperation.Los diálogos, que ocurren en un entorno geopolítico complicado, resaltan la importancia crítica para ambas naciones. La economía global sigue enfrentando incertidumbres impulsadas por las presiones inflacionarias, las vulnerabilidades en la cadena de suministro y los cambios en las alianzas políticas. En este contexto, los…
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The Fed just gave a rare look at its .5 billion renovation — right before Trump’s tour

Behind the scenes of The Fed’s $2.5 billion renovation — just before Trump arrives

The Federal Reserve has provided an unusual look at its current construction venture valued at $2.5 billion, which updates its iconic headquarters in Washington, D.C. This reveal occurs shortly before former President Donald Trump is anticipated to visit the central bank’s premises, increasing public curiosity about a project that has mostly stayed unnoticed.Located on Constitution Avenue, the Federal Reserve’s main building, known as the Eccles Building, has stood as a symbol of U.S. monetary policy for nearly a century. Designed in the neoclassical style and completed in 1937, it has served as the central hub for decisions that influence not…
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Treasury Secretary Scott Bessent calls for a review of 'the entire' Federal Reserve

Scott Bessent urges audit of the entire Federal Reserve as Treasury Secretary

In a development sparking considerable debate among financial and political groups, U.S. Treasury Secretary Scott Bessent has urged a comprehensive evaluation of the Federal Reserve’s organization, decision-making procedures, and policy structure. The announcement reflects increasing worry about the central bank’s involvement in sustaining the nation's economic stability amidst intricate global and domestic issues.Bessent, speaking at a recent financial summit in Washington, emphasized the need to reassess the Federal Reserve’s broad mandate and its tools for executing monetary policy. He underscored that the goal of such a review would not be to undermine the institution’s independence, but rather to ensure that…
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Goldman Sachs is getting worried about the economy

Goldman Sachs raises alarms over the economy

In a significant change from its earlier stable outlook, Goldman Sachs is now showing increased wariness regarding the trajectory of the global economy. The well-regarded investment bank, renowned for its expertise in financial markets and large-scale economic patterns, is currently highlighting several new risks that might obstruct growth and alter investor perspectives in the upcoming months.While the global economy has shown resilience in recent years, particularly in recovering from the impacts of the COVID-19 pandemic and supply chain disruptions, Goldman Sachs analysts are increasingly focusing on warning signs that suggest a slowdown may be looming. These concerns come at a…
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Starmer and Modi sign £6bn India-UK trade deal

£6bn trade deal between India and UK signed by Starmer and Modi

The United Kingdom and India have embarked on a new phase of economic partnership as Prime Minister Keir Starmer and Indian Prime Minister Narendra Modi sealed a historic trade deal worth £6 billion. This agreement represents a crucial step in strengthening the economic and diplomatic ties between the countries, paving the way for fresh opportunities in areas like technology, pharmaceuticals, sustainable energy, and financial services.Este reciente acuerdo se alcanza después de años de negociaciones con el objetivo de reforzar los lazos bilaterales en la era posterior al Brexit. Con el Reino Unido buscando redefinir su posición comercial global e India…
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Trump says US has struck trade deal with Japan

US and Japan reach new trade deal, Trump says

Former U.S. President Donald Trump revealed that the United States had finalized a trade agreement with Japan during his time in office, marking what he described as a significant step forward in strengthening economic relations between the two nations. The announcement was made as part of Trump’s broader efforts to recalibrate America's trade policy during his presidency, shifting focus toward more favorable terms in existing agreements and establishing new bilateral deals with key global partners.Based on Trump's statement, the arrangement was designed to expand access for American agricultural items into Japanese markets and to lower specific tariffs that U.S. exporters…
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