The trade war between the U.S and China holds ominous consequences for the global economy and the risk of recession is very high, warned an economist with Morgan Stanley.
President Donald Trump declares a national emergency to limit the threat posed to the US by foreign IT technologies.
White House adviser Larry Kudlow correctly says it's U.S. consumers that are suffering from Trump's higher taxes on Chinese goods, and not the Chinese government as claimed by president Donald Trump.
The new U.S. tariffs came into effect at 12:01 a.m. ET on Friday, following President Donald Trump's announcement to increase tariffs on Chinese imports worth $200 billion, from 10 to 25 percent,
American President Donald Trump has accused China of breaking a deal in the U.S.-China trade talks.
The fate of the U.S, China trade talks could be known in the next two weeks, according to White House chief of staff Mick Mulvaney.
The key uncertainties over the future payments arise from future contingencies and the final settlement of accounts with the EU.
Senior economist Boris Glass said the U.K. economy has foregone economic activity of £6.6 billion in each of the 10 quarters since the 2016 referendum.
Post-Brexit changes in import arrangements will make some grocery items expensive at local stores and make some disappear from shelves, an ING analyst has said.
Analysts tell International Business Times that U.S. President Donald Trump wants to avoid the embarrassment of another failure in high-stake talks.
Tim McCusker, the chief investment officer at NEPC, told International Business Times that China's bets on AI make for attractive investment opportunities.
The U.S. budget deficit continues to break records for vastness as a result of the GOP's Tax Cuts and Jobs Act.
After rejecting Prime Minister's Brexit plan twice, the British Parliament on Wednesday voted to reject a no deal Brexit too.
The U.S. economy is decelerating and economic data confirms it.
The ongoing policy uncertainty affects both ends of the economy: consumers and producers.
Trump says there is progress in trade talks with China and that the U.S. won't enforce the March 2 deadline for new tariffs to take effect.
The power dynamics in the World Bank have changed dramatically.
China has reneged on past promises it has made to the US.
Germany is headed for a recession this year as its export driven economy slows due to the global economic downturn and Trump's trade war.
Nobel Prize laureate Paul Krugman predicts a worldwide recession this year, or by 2020.
Spending on the nuclear triad will flow into contractor coffers for years to come.
The UK's agonizing efforts to find a path out of the European Union is beginning to look a lot like a game or riddle with no solution – and certainly no winners.
The Trump administration is celebrating the 90-day truce it reached in its trade war with China as a significant breakthrough despite scant details.
The Bank of England warned that such a scenario could plunge the country into its deepest recession in decades.
Leaving the European Union without a divorce deal could plunge Britain into its deepest recession in nearly a century, the Bank of England warned Wednesday.
Prime Minister emerged from a marathon five-hour Cabinet meeting to say agreement had been reached.
Theresa May's Cabinet met for an update on the talks, with the prime minister under pressure from pro-Brexit ministers not to make further concessions to the EU.
Break from gloomy forecasts about the world's second-largest economy as spending binge eclipses Cyber Monday in the U.S
With oil demand growth slowing, it's entirely possible that U.S. production alone will increase more than global demand in the next few years.
Trump in recent weeks demanded the oil cartel increase production to drive down U.S. gasoline prices.