China loosened its grip on the yuan by setting the daily reference rate past the closely watched 7.20 per dollar mark, as the escalating trade war with the United States forces Beijing into difficult policy decisions.The yuan, which is tightly controlled by the People’s Bank of China, dropped to 7.3363 to the dollar, the…
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As former President Donald Trump unleashes a sweeping new round of tariffs on major manufacturing rivals, Mexico is finding…
Despite the global market turmoil triggered by President Trump’s tariffs, India remains optimistic about achieving its projected economic growth…
President Donald Trump’s aggressive tariff measures could significantly impede economic growth in the Eurozone, potentially shaving off between 0.5…
Federal Reserve Chair Jerome Powell, known for decisive action in times of crisis, is signaling a different approach as…
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China’s decision to impose a 34% tariff on all goods imported from the United States is a direct retaliation…
Global stock markets plunged on Monday, deepening last week’s heavy losses, as escalating trade tensions triggered renewed fears of…