The World Trade Organization has sharply lowered its forecast for global trade growth in 2025, predicting a 0.2% contraction instead of the previously expected 2.7% expansion.
Federal Reserve Chair Jerome Powell delivered a cautious message during his remarks at the Economic Club of Chicago, emphasizing that while the U.S. economy remains resilient, mounting risks could complicate the central bank’s efforts to maintain stable prices and full employment.
Oil prices rebounded from earlier losses on Wednesday after China hinted it may be willing to resume trade negotiations with the United States, lifting market sentiment and reversing a short-lived selloff.
The Bank of Canada held its key policy rate at 2.75% on Wednesday, as U.S. President Donald Trump's tariffs continued to filter through the economy, weighing on businesses and consumers, according to Bloomberg Live.
President Donald Trump is set to meet with Japanese Economic Revitalization Minister Ryōsei Akazawa on Wednesday for what could become a landmark trade negotiation between the U.S. and Japan.
In a bid to reinforce long-term economic stability and strengthen U.S. industry, the Trump Administration undertook a series of trade-focused executive actions aimed at realigning American trade policy.
Gold has officially reached a new all-time high, breaking above the $3,296 level as seen in the latest data from GoldPrice.org.
As trade tensions between the United States and China simmer, JPMorgan Chase’s CEO is calling for urgent action to prevent further damage to America’s economic influence.
Donald Trump is willing to reach a trade agreement with China, but he expects Beijing to take the first step, according to White House press secretary Karoline Leavitt.
China has ordered its airlines to suspend all further deliveries of Boeing jets, according to a report by Bloomberg News, in retaliation against the U.S. decision to impose 145% tariffs on Chinese imports.
President Donald Trump has recently suggested that revenue from tariffs could potentially replace the federal income tax, asserting that "there is a chance that the money from tariffs could be so great that it would replace income tax."
Beijing will only return to the negotiating table with Washington if the U.S. shows “mutual respect,” according to Zhu Guangyao, China’s former Vice Minister of Finance.



