
EU Exports to US Plunge 10% as Tariffs Bite
EU exports to the U.S. plunged over 10% in June as higher U.S. tariffs slashed the trade surplus and hit ports like Hamburg.
News That Embraces Insight and Understanding
EU exports to the U.S. plunged over 10% in June as higher U.S. tariffs slashed the trade surplus and hit ports like Hamburg.
Economists say Trump’s tariff hikes may slow the growth of the $37T U.S. debt but won’t make a meaningful dent in the national debt, despite claims of a public “dividend.”
New US tariffs on steel and aluminum imports hit consumers’ wallets as levies double to 50% on 407 products, driving up prices on gadgets, cars and more.
UK unemployment hits a 4.7% peak as job vacancies and payrolls drop, with U.S. tariffs squeezing exports and hiring at a 4-year high.
Economist Justin Wolfers warns that Trump’s chaotic tariffs spike costs without reviving manufacturing jobs.
Yale Budget Lab warns that US tariffs divert resources to less productive sectors, raising prices, weakening demand, and stunting growth for a persistently smaller economy.
With U.S. tariffs hitting African exports, the Chinese mainland’s zero-tariff move offers a new lifeline for Lesotho’s textiles and South Africa’s autos.
US slaps record-average 17% import tariffs, driving price hikes, GDP dip & global trade uncertainty. Discover how this shake-up hits your wallet! 🌏💸
Experts call Trump’s 10-41% tariffs less about fairness and more about power play. Discover what the new US tariffs mean for your wallet and side hustle.
India protests steep US tariff hikes, vows to protect farmers and explore counter-tariffs in a brewing trade spat.