Tag : US economy

Business

Data show Trump trade war failed to cut US China trade gap

basrahdaily.com
WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside...
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US inflation persists as Trump’s tariff threats add economic concerns

basrahdaily.com
Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price...
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Oil prices fall 1 percent amid weak economic data from US and Germany

basrahdaily.com
Oil prices fell 1% amid weak economic data from the US and Germany, reversing recent gains driven by a weaker dollar and surging winter demand...
Business

Inflation cools rapidly, paving the way for economic confidence in 2024

basrahdaily.com
As the year 2023 drew to a close, many had anticipated it would be marked by economic turmoil and recession fears. However, it defied expectations...