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The .5 trillion wake-up name: How Trump’s tariffs threaten world financial order, set off recession fears

The $2.5 trillion wake-up name: How Trump’s tariffs threaten world financial order, set off recession fears

Newz BabaApril 5, 2025April 5, 202509 mins

International locations throughout the globe threatened retaliatory motion in opposition to the US after President Donald Trump introduced sweeping new tariffs, sparking fears of a world commerce struggle and financial slowdown. The Wednesday announcement, described by Trump as “Liberation Day,” imposed steep levies on dozens of nations, together with 20% on European Union items, 24%…

US Federal Reserve slashes rate of interest by 25bps in third consecutive fee lower of 2024

Newz BabaDecember 19, 202403 mins

The Fed has raised charges aggressively since March 2022, pushing its benchmark fee to a 23-year excessive earlier than starting reductions this yr learn extra The Federal Reserve introduced its closing rate of interest determination of the yr, delivering its third consecutive fee lower of 2024. The choice comes amid the Fed’s efforts to stability…