The International Monetary Fund and World Bank are making their case against a potential breakup with the US under President Donald Trump. The sister institutions — major forces of US global influence since World War II — are bracing for impact from Trump’s radical makeover of international relations,
Tariffs risk slowing growth and making inflation stickier, a tricky combination for the central bank as it debates what to do about interest rates.
President Donald Trump has reportedly imposed reciprocal tariffs on some of the world's most remote and uninhabited locations, along with various global trade partners on 'Liberation Day'.
Stock markets around the world extended losses for a second day on Friday on fears U.S. President Donald Trump's broad tariffs on imports into the United States will hit global economic growth and China retaliation.
The 10% or greater tariffs on imports from most countries worldwide announced Wednesday by President Donald Trump earned a scathing reaction from the top U.S. economist at the U.S’ biggest bank, JPMorgan Chase, leading a cold response from Wall Street to Trump’s plans to upend the global trade order.
Central banks are expected to help keep gold's stunning rally going this year with buying aimed at further diversifying reserves away from the dollar due to risks stemming from U.S. President Donald Trump's policies.
Explore more
U.S. President Donald Trump's planned tariffs will be negative across the world, with the damage depending on how far they go, how long they last and whether they lead to successful negotiations, European Central Bank head Christine Lagarde said on Wednesday.
The blanket tariff on all US goods was previously considered a worst-case option, but such is the level of the attack that Beijing decided to go ahead with it.