metro observer daily news
The US stock market, fresh off its third-best day in modern history, is sinking back into reality: Although President Donald Trump paused most of his “reciprocal” tariffs, his other massive import taxes have already inflicted significant damage, and the economy won’t easily recover from the fallout. Stocks tumbled Thursday, falling deeply into the red after…
WASHINGTON (AP) — The tariff fight between the world’s two largest economies spiraled into greater peril Wednesday as President Donald Trump tried to narrow his global trade war into a direct — and risky — faceoff with Beijing. As Trump reversed his larger “reciprocal” tariffs on most of the world in the face of recession…
All member countries of the European Union except Hungary voted Wednesday in favor of proposals that would impose tariffs on specific U.S. products sold into Europe, starting next week. The vote came just hours before President Trump said on social media that he would pause tariffs on most countries for 90 days but would immediately…
image source from：https://www.aljazeera.com/news/2025/4/9/trumps-tariff-war-whats-at-stake-for-chinas-economy The trade war between the United States and China has intensified, with the latest tariffs imposed by US President Donald Trump severely impacting Chinese imports. Effective immediately, the US has enacted ‘reciprocal’ trade tariffs, which have seen China facing a staggering 125 percent levy on goods sold to the US. This drastic…