Tariffs
Ghana's Minister of Trade, Agribusiness and Industry, Madam Elizabeth Ofosu-Adjare, led a high-level meeting with senior U.S. officials in Washington, D.C. to discuss critical trade policy issues, including the impact of the revived "America First" Trade Policy on Ghana's economy. The meeting
Tariffs
As the US grapples with escalating trade tensions and tariffs, business executives are starting to act on their fears, with a significant majority saying they are cutting costs or planning to do so in response to economic uncertainty. A recent survey by PricewaterhouseCoopers found that 48% of US executives cited
Tariffs
Three American judges have dealt a significant blow to Donald Trump's trade policies, ruling that the President overstepped his authority by imposing tariffs on US trading partners. The US Court of International Trade's decision has sparked celebrations on global stock markets, with Tokyo's Nikkei
Tariffs
Volvo Cars, the Swedish automaker owned by China's Geely, is undergoing a massive restructuring effort, axing around 3,000 office jobs, approximately 15% of its white-collar workforce, as it grapples with falling electric vehicle (EV) demand, surging operational costs, and growing uncertainty over U.S. trade policy. The
Tariffs
President Donald Trump has reiterated his focus on domestic manufacturing, aiming to produce high-value goods such as computers, chips, tanks, and ships within the US. In response to Treasury Secretary Scott Bensent's comment on the textile industry's decline, Trump stated that the US is not looking
Tariffs
US President Donald Trump and UK Prime Minister Kier Starmer announced an agreement on the General Terms of the Economic Prosperity Deal (EPD) between the United States and the United Kingdom on 8 May 2025. Although not a binding agreement, the EPD aims to enhance economic cooperation and promote reciprocal
Tariffs
As the Trump administration's trade policies continue to take a toll on the economy, a growing number of companies, including Walmart, Mattel, and Best Buy, are warning that prices may soon rise for American consumers. The latest optimism-killer is Walmart, which announced that select goods could soon cost
Tariffs
President Trump's latest move in the ongoing trade war has shifted the focus from China to large American companies, particularly retailers like Walmart, to deal with the rising costs of tariffs. Trump's campaign rhetoric that trading partners, such as China, would bear the costs of tariffs
Tariffs
The global semiconductor manufacturing industry entered 2025 with typical seasonal patterns, but looming tariff threats and evolving supply chain strategies are expected to create atypical seasonality for several industry segments as the year progresses. Despite heightened trade policy risks, current data for the first quarter of 2025 indicate that electronics
Tariffs
Despite looming tariff threats and evolving supply chain strategies, the global semiconductor manufacturing industry continued to exhibit positive trends in Q1 2025. Electronics and integrated circuit (IC) sales demonstrated resilience, with 16% and 23% quarter-over-quarter (QoQ) and year-over-year (YoY) growth, respectively. The demand for AI and data center technologies remained
Tariffs
A new report from S&P Global suggests that India's manufacturing sector is poised to benefit significantly from ongoing global trade policy shifts, with the country well-positioned to capitalize on evolving trade dynamics and tariff challenges. As the global economy undergoes significant changes, India's strategic
European Union
In a unusual display of bipartisanship, Reform deputy leader Richard Tice and Stella Creasy, chair of Labour Movement for Europe, have come together to secure a debate on the UK-EU summit in the House of Commons. The May 22 debate, to be held in Westminster Hall, will focus on the
