The clock is ticking for the U. S. and the European Union. They're trying to make a trade deal before a big deadline. If they don't, things could get expensive. Right now, the U. S. is threatening to put high taxes on EU goods. This could happen as early as July 9. The EU might hit back with their
Switzerland's central bank, the SNB, has just made a big move. They've cut interest rates to zero. This is a significant step for a country that has been experimenting with negative rates. The goal? To control the strength of the Swiss franc, which has been surging due to global trade tensions.
The legal battle over tariffs is heating up. Two companies that make educational toys have taken a big step. They asked the Supreme Court to speed up their case against tariffs. These tariffs were put in place by the President. The companies want the Supreme Court to hear their case right away.
In the early days of June, consumers started to feel a bit more optimistic about the economy. This shift happened as talks about the global trade war seemed to be moving forward. A survey by the University of Michigan showed that people were not as worried about the economy or sudden price increases
The trade war has been a rollercoaster for small businesses. The recent news of reduced tariffs between the US and China might seem like a win, but it's not all sunshine and rainbows for small business owners. For many, the struggle is far from over. The tariffs have been a massive headache for sma
The G7 finance ministers are set to meet in a Canadian mountain resort. This gathering might be more tense than usual. Why? Because of the tariffs put in place by the U. S. president. These tariffs could slow down economic growth in many of the countries attending, including Canada. The U. S. presid
The U. S. has been in a trade war for a while now. The current president has been pushing for higher tariffs on goods from other countries. This has led to a interesting situation. Some of the biggest companies in the U. S. are now in a public dispute with the president. They are warning that thes
Wednesday's trading session saw a slight uptick in stock prices, driven mainly by the tech industry. This rise comes as investors are hopeful about extending the market's recent recovery. The S&P 500 and Nasdaq Composite saw gains of 0. 2% and 0. 7%, respectively. Meanwhile, the Dow Jones Industrial
Investors in Asia woke up to good news on Monday. Stocks in Japan and South Korea saw a slight increase at the start of trading. In China, Hong Kong and Shenzhen markets went up by about 1 percent. Even the S&P 500 in New York was expected to follow this trend. Why the sudden optimism? It all s
The United States and China started serious trade discussions in Geneva. This meeting happened after Donald Trump hinted at reducing tariffs on Chinese goods. This move was seen as a way to ease tensions between the two economic giants. China, on the other hand, wants the US to sh
