Economics Archives | Page 3 of 18

ECB’s Schnabel Says Trump’s Onslaught May Mark End of Free Trade

Byadmin April 5, 2025

European Central Bank Executive Board member Isabel Schnabel suggested that US President Donald Trump’s tariff onslaught may signify that the era of free-flowing global commerce is over.

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US Industrial ‘Golden Age’ Requires Federal Support

Byadmin April 5, 2025

The US Postal Service last month agreed to cut 10,000 people from its payrolls over a 30-day span, one component of a broad Trump administration plan to shrink the size and spending of the federal government and give greater space for private-sector led economic growth.

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Odd Lots: Brad Setser on Trump’s Gigantic Tariff Shock (Podcast)

Byadmin April 5, 2025

He needs no introduction: When trade is in the news, we speak with Brad Setser of the Council on Foreign Relations. Brad has been talking for awhile about the major imbalances of world trade, and the US-China relationship in particular. However, rather than building up a large trading bloc with our allies to counter Chinese influence, the Trump administration has chosen a path of going it alone, targeting friend and foe alike with large and wide-ranging tariffs. In this episode, we talk about th

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Brad Setser on the Damage From Trump’s Gigantic Tariff Shock

Byadmin April 5, 2025

What does a good outcome look like?

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Italy and Spain Warn Against EU Escalation in Response to Trump

Byadmin April 5, 2025

Finance ministers from Italy and Spain cautioned against too aggressive a response to US President Donald Trump’s tariffs, underscoring the European Union’s divide on the matter.

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Bank Indonesia Vows to Support Rupiah Amid Trade Tariffs Threat

Byadmin April 5, 2025

Indonesia’s central bank pledged to intervene in domestic markets to ensure rupiah stability as global market volatility surges amid an escalating US-led trade war.

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Charting the Global Economy: US Tariffs Wallop Markets, Outlook

Byadmin April 5, 2025

President Donald’s Trump’s mid-week move to impose broad US tariffs — punishing for many countries — kicked off massive shock waves that reverberated through corporate boardrooms, financial markets and world governments.

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Trump’s 10% Baseline Tariff on Most US Imports Takes Effect

Byadmin April 5, 2025

President Donald Trump’s 10% baseline tariffs on US trading partners around the world came into effect on Saturday as he plowed ahead with his strategy to encourage domestic investment by companies eager to avoid import taxes.

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Trump Tariff Shock Rips Up Germany’s China Strategy Under Merz

Byadmin April 5, 2025

German Chancellor-in-waiting Friedrich Merz faces the prospect of being forced into another pivot before he even takes office.

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Trump Tariffs Push Staunch Critic Austria to Back Mercosur Deal

Byadmin April 5, 2025

President Donald Trump’s global tariffs are convincing Austria to ditch its long-time opposition to a trade deal between the European Union and the Mercosur bloc.