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Category: Finance

EU adopts tariffs on €21 billion of U.S. items in metals combat

The European Union accepted tariffs to hit round €21 billion ($23.2 billion) of US items in retaliation for the 25% duties President Donald...

One other Inventory Rally Stalls, Casting Doubt on a Fast Rebound from the Trump Tariff Rout

Key Takeaways A inventory market rally stalled on Tuesday as investor optimism waned a day earlier than the sweeping tariffs that tanked shares...

Musk says Trump high tariff advisor is a ‘moron’. The White Home says it gained’t intervene: ‘Boys shall be boys’ 

Elon Musk publicly clashed with Trump commerce advisor Peter Navarro over the administration's aggressive tariff coverage, calling him "dumber than a sack of...

Right here Are Three Issues To Look ahead to in Huge Financial institution Earnings

Key Takeaways Main U.S. banks start reporting quarterly outcomes on Friday in opposition to a backdrop of tariff turmoil that has roiled the...

Summers warns U.S. probably headed to recession, 2 million jobless

Former Treasury Secretary Lawrence Summers warned that the U.S. is now probably headed towards a recession, with probably 2 million Individuals put out...

Manufacturing Already Moved Out of China. Now The place Will It Go?

Key Takeaways Many U.S. firms have refocused provide chains to Vietnam, Thailand and different nations within the area, partly as a result of...

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