US and Chinese negotiators concluded trade talks in Stockholm without a concrete agreement to extend their tariff ceasefire past August 12. The decision now rests with President Trump, with a potential return to high tariffs threatening global markets. The US Federal Reserve, led by Chairman Jerome Powell, kept its benchmarkContinue Reading

Trump and European Commission President Ursula von der Leyen announced a major trade deal breakthrough, which Trump called the “biggest deal ever reached”. The agreement imposes 15% tariffs on most EU goods like cars and pharmaceuticals, but exempts strategic sectors such as aircraft and semiconductors from tariffs entirely. In exchange,Continue Reading