Economics

Malaysia will lead efforts to coordinate a regional response in Southeast Asia toward US President Donald Trump’s tariffs, the country’s Prime Minister Anwar Ibrahim said.

India is unlikely to immediately retaliate against President Donald Trump’s tariff imposition, and is focusing efforts on negotiating a bilateral trade deal with the US to bring down duties, according to a Indian government official.

German public-sector workers secured a 5.8% wage increase, to be awarded in two tranches, after arbitrators intervened when three rounds of negotiations with employers failed to produce a result.

President Donald Trump has vowed his historic tariff blitz would revive domestic manufacturing, but industry worries about his approach are raising fresh doubts about whether he can deliver on his promise of an economic boom.

China pledged decisive action to defend its economy, a day after unveiling levies on American goods and export controls on rare earths in response to Donald Trump’s tariffs.

Elon Musk hopes for a “zero-tariff” system between the US and Europe that would effectively create “a free-trade zone,” he said on Saturday, days after levies set by US President Donald Trump sent global markets into a tailspin.

US households probably experienced slightly less overall inflation last month, a reprieve that economists view as temporary in the wake of President Donald Trump’s tariff tsunami.

Conservative Leader Pierre Poilievre promised to wake up the Canadian economy from the “red-tape-induced slumber” in his latest pitch to businesses ahead of the April 28 election.