Tag Archives: Loom

Economic growth beats expectations as Trump tariffs loom

Economic growth beats expectations as Trump tariffs loom

China’s economy has beaten expectations even as US President Donald Trump’s tariffs and a prolonged crisis in the property market weigh on growth. Official figures show the world’s second largest economy grew by 5.2% in the three months to the end of June, compared to the same time last year. That’s better than the 5.1% forecast by many economists but …

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100 Percent Secondary Tariffs Loom if Ukraine War Continues

100 Percent Secondary Tariffs Loom if Ukraine War Continues

WASHINGTON, DC  – US President Donald Trump today issued a stark warning to Moscow, declaring that the United States would impose a sweeping 100 percent secondary tariff on countries trading with Russia if a ceasefire in Ukraine is not reached within the next 50 days. The announcement, touted by Trump as “major” beforehand, came during a meeting with NATO Secretary …

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