Economy

Brazil vows to match US tariffs after Trump threatens 50% levy

July 7, 2025

Brazil pledges to retaliate against US tariffs as Trump warns of 50% levy

Jenny Molina

In a move that underscores the persistent tensions in global trade relations, Brazil has announced its intention to introduce reciprocal tariffs in response to recent threats from former US President…

Economy

Nutella’s parent company Ferrero is buying cereal maker WK Kellogg for .1 billion

July 7, 2025

Nutella’s parent company Ferrero is buying cereal maker WK Kellogg for $3.1 billion

Jenny Molina

In a significant development within the global food industry, Ferrero Group, the renowned Italian confectionery company best known for producing Nutella, has announced its agreement to acquire the cereal manufacturer…

Economy

Lesotho declares state of disaster amid US tariff uncertainty

July 6, 2025

Lesotho government declares disaster status over US tariff worries

Jenny Molina

Lesotho has officially declared a state of disaster due to rising economic worries associated with possible changes in United States trade policies. This announcement emphasizes the susceptibility of the small…

Economy

Ramaphosa opposes Trump's 30% tariff on South Africa

July 5, 2025

Ramaphosa criticizes Trump’s 30% tariff on South Africa

Jenny Molina

Cyril Ramaphosa, the President of South Africa, has openly voiced his disapproval of the suggested 30% duty on South African products, which was recently introduced by the former U.S. leader…

Economy

Stocks are at record highs as Wall Street faces major tariff test

July 4, 2025

Stocks soar to record highs while Wall Street meets major tariff challenge

Jenny Molina

Global financial markets are currently experiencing a notable rise, with key U.S. stock indices reaching new heights. Nonetheless, this surge is about to encounter a challenge as Wall Street gets…

Economy

Tariffs, explained: What Trump wants from all these trade deals

July 4, 2025

Tariffs, explained: Understanding Trump’s trade deal strategy

Jenny Molina

Over the past few years, the issue of tariffs has transitioned from economic textbooks to the center of public discussion, primarily because of former U.S. President Donald Trump's prominent strategy…

Economy

Trump threatens extra 10% tariff on nations siding with Brics

July 4, 2025

Trump warns of 10% tariff hike for Brics-supporting nations

Jenny Molina

As conversations about worldwide commerce proceed to develop, the ex-U.S. President Donald Trump has garnered attention once more with an audacious plan that might transform global economic connections. During a…

Economy

July 1, 2025

How have tariffs impacted the US economy?

Jenny Molina

For a significant period, tariffs have served as an essential instrument in the domain of economic policy, employed by nations to regulate commerce, shield local industries, and collect income. Recently,…

Economy