Tariffs Loom as Significant Factor in Social Platform Earnings Reports
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Global economy hit hard due to Trump tariffs
The post Global economy hit hard due to Trump tariffs appeared on BitcoinEthereumNews.com. President Donald Trump’s tariffs are reportedly “clogging up the wheels of a world economy,” which for decades, were greased by “predictable and relatively free trade.” However, the sheer uncertainty has become a major drag factor in itself. U.S. President Donald Trump’s tariffs are reportedly clogging up the world’s economy as big-name multinationals, rig…
Tariffs disrupt the global economy
Since April 2, a day deemed an economic “Liberation Day” by President Donald Trump, the administration’s tariff policy has continued to change by the day, if not by the hour. “It’s very unsettling that there is no clear strategy, no negotiation process and no certainty about what will be the outcome,” Liliana Fargo, a DePaul economics instructor, said. A tariff is a tax or fee that can be put… Source
US Economy Contracts as Businesses Rush to Import Before Tariffs Hit
The complete economic picture—the U.S. economy contracted by an annual rate of 0.3% in Q1 2025. This big drop represents a stark difference from the 2.4% increase that was reported for last quarter. The report, released by the Commerce Department, highlights a significant downturn influenced by firms rushing to import goods ahead of anticipated tariffs. This unexpected economic contraction has alarmed economists and market analysts about what th…
Global economy already feeling drag from Trump tariffs - Regional Media News
(Reuters) – U.S. President Donald Trump’s tariffs are increasingly clogging up the wheels of a world economy which for decades were greased by predictable and relatively free trade. Big-name multinationals right down to niche e-commerce players last week cut sales targets, warned of job cuts and reviewed their business plans, while major economies revised down growth prospects amid bleak data read-outs. While financial markets are betting the U.…
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