RIO DE JANEIRO – Leaders of the BRICS nations gathered this week to send a clear message: the world’s emerging economies will not stand idle as unilateral tariffs and military strikes threaten global stability. In a joint statement issued Sunday, the BRICS bloc, Brazil, Russia, India, China, and South Africa,[Read More…]

Thailand is moving swiftly to finalize a trade agreement with the United States in a last-ditch effort to avoid steep tariffs that could hit its export-driven economy hard. The Thai government has proposed sweeping concessions aimed at reducing its US$46 billion trade surplus with the United States by 70% over[Read More…]

The United States has decided to delay the start of its sweeping tariffs until August 1, giving trading partners a brief window to strike deals before higher duties take effect. Originally, the tariffs were scheduled to begin on July 9. The decision comes as President Donald Trump ramps up pressure[Read More…]

As the clock ticks toward the end of a 90-day pause on reciprocal tariffs, United States President Donald Trump has taken a bold new approach, sending “take it or leave it” letters to 12 nations. These letters, set to go out on Monday, July 7, outline different tariff rates for[Read More…]

In a bold and highly publicized move, President Donald Trump signed a sweeping tax and spending bill into law on July 4, dubbing it the “One Big, Beautiful Bill Act.” Celebrated during Independence Day festivities, the bill was passed through the budget reconciliation process by Republicans in the Senate and[Read More…]

Vietnam’s latest trade agreement with the United States is stirring cautious optimism across the country, even though it introduces steep new tariffs on Vietnamese exports. For many businesses and policymakers in Hanoi, the deal feels like a necessary compromise to maintain stability in a tense global trade climate. Under the[Read More…]

Fresh evidence of strong hiring in the United States has eased the immediate pressure on the Federal Reserve to cut interest rates, even as other parts of the world economy show growing signs of strain. The new jobs data, released in June, revealed that American employers added more positions than[Read More…]

While President Donald Trump’s trade policies have sparked plenty of headlines and market jitters, new research from Goldman Sachs suggests the broader economy remains remarkably steady. Despite all the uncertainty swirling around tariffs and trade deals, investment, hiring, and consumer spending have held up far better than many expected. Goldman[Read More…]

The United States labor market delivered a surprise in June, adding 147,000 jobs and defying predictions of a summer slowdown. The latest report from the Labor Department showed the unemployment rate dipping to 4.1%, the lowest level since February, even as many economists had expected it to tick up to[Read More…]

U.S. stocks charged to fresh record highs on Thursday, boosted by an unexpectedly strong jobs report that reassured investors about the health of the economy. The rally sent major indexes to levels never seen before, while bond yields climbed sharply as hopes faded that the Federal Reserve would cut interest[Read More…]