News: Economy

Trump Seals Transformative Trade Deal with European Union

President Trump finalizes a significant trade agreement with the EU, averting tariffs and bolstering US-EU economic ties....

Bill Gates' Net Worth Dives by $51 Billion Amid Philanthropic Push

Bill Gates' net worth fell from $175 billion to $124 billion after announcing accelerated charitable donations, impacting his Bloomberg Billionaire In...

Trump Escalates Trade Tensions with 35% Tariff Threat on Canada

President Trump threatens a 35% tariff on Canadian goods, citing fentanyl crisis and trade barriers, potentially destabilizing US-Canada relations and...

Canada Withdraws Digital Tax on U.S. Tech Giants Post Trump's Pressure

Canada has repealed its digital services tax aimed at U.S.-based tech companies after President Donald Trump's pushback, potentially easing trade tens...

Canada Imposes Steel Tariffs in Retaliation to U.S. Trade Halting

Canada has imposed a 50% surcharge on U.S. steel imports exceeding new import quotas, responding to President Trump's trade negotiation halt over a ne...

Trump Authorizes U.S. Steel-Nippon Steel Merger, Forecasts Job Surge

President Donald Trump signed an executive order facilitating a major partnership between U.S. Steel and Japan's Nippon Steel, with a projected creati...

U.S. Job Growth Surpasses Expectations; Trump Touts Economic Wins

The U.S. economy added 139,000 jobs in May, outstripping forecasts and keeping unemployment steady at 4.2%. President Trump attributes these gains to ...

Proposed Tax Bill Could Yield $10K Boost to U.S. Family Incomes

Trump's top economic adviser suggests a tax bill facing Senate opposition could increase American family incomes by $10,000. The bill extends Trump-er...

Trump Criticizes Walmart Over Tariff-Related Price Hikes

President Trump accused Walmart of unfairly blaming tariffs for price increases, urging the company and Chinese suppliers to bear the costs. Walmart w...

US, China Announce Temporary Tariff Reductions in Major Trade Breakthrough

US and China agreed to 90-day tariff reduction deal, cutting US rates from 145% to 30% and China's from 125% to 10%....

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