Charlotte Edwards Business reporter, BBC News Getty Images The World Trade Organization (WTO) has forecast that global trade will fall this year because of US President Donald Trump’s tariffs. It added “severe downside risks”, including reciprocal tariffs and political uncertainty, could lead to an even sharper decline in global goods trade. “The decline is expected…
Cargo ships and containers at Qingdao port in eastern China’s Shandong province on Dec. 4, 2024. Stringer | Afp | Getty Images The World Trade Organization (WTO) warned on Wednesday that the outlook for global trade has “deteriorated sharply” in the wake of U.S. President Donald Trump’s tariffs regime. “The outlook for global trade has…
Global commodities have slumped more than 20% from the same period last year, according to the S&P GSCI Commodities index. Jung Getty | Moment | Getty Images Global commodity prices are getting hammered, as trade war tensions once more fester between the world’s two largest economies — and recession signals are flashing red. The S&P…
Traders work on the floor of the New York Stock Exchange (NYSE) on April 09, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Global bond yields largely reversed course on Thursday as equities rebounded on a historically volatile week for markets driven by U.S. President Donald Trump’s tariff policy….
Traders work on the floor of the New York Stock Exchange (NYSE) on April 09, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Global bond yields largely reversed course on Thursday as equities rebounded on a historically volatile week for markets driven by U.S. President Donald Trump’s tariff policy….
A Volkswagen emblem, attached to a tower at the Volkswagen Osnabrück GmbH plant, can be seen behind a red traffic light. Picture Alliance | Picture Alliance | Getty Images Europe’s auto giants slipped on Wednesday, extending recent losses as U.S. President Donald Trump’s sweeping tariffs on dozens of countries came into effect — including a…
For days, Donald Trump and his White House team had insisted they were fully committed to their decision to impose sweeping “reciprocal” tariffs on dozens of countries. They even derided a report on Tuesday that said the president was considering a 90-day pause – news that triggered a brief stock market surge. But now that…
Emirates President Tim Clark warned that the aviation industry is in “uncharted territory” as U.S. President Donald Trump’s sweeping tariffs and trade disputes weigh on global growth and threaten to drive up costs for airlines worldwide. “Right now, we are in troubled times,” Clark told CNBC in an interview recorded March 20 — ahead of…
Armin Papperger, Chairman of the Executive Board of Rheinmetall AG, stands at the annual press conference at Group headquarters. Picture Alliance | Picture Alliance | Getty Images European defense giants whipsawed on Monday, abruptly paring losses as investors continue to grapple with a broad stock market downturn. U.S. President Donald Trump showed no signs of…
Jakub Porzycki | Nurphoto | Getty Images Bitcoin fell below the $79,000 level as investors braced for more financial market volatility after U.S. equites suffered their worst decline since 2020 on the rollout of President Donald Trump’s restrictive global tariffs. The price of bitcoin was last lower by 4% at $78,835.07, according to Coin Metrics,…
