US-China Tariff Escalation Threatens Global Trade Stability
Economics Key Points * USTR Katherine Tai proposes 12.5% tariff on $500 billion in Chinese imports * One-year trade truce expiration looms, raising
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Economics Key Points * USTR Katherine Tai proposes 12.5% tariff on $500 billion in Chinese imports * One-year trade truce expiration looms, raising
READ →Economics Key Points * New tariffs proposed at 10-12.5% using forced-labor investigations * US Supreme Court struck down part of existing tariff regime
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Economics Key Points * USTR proposes 10-12.5% tariffs on 60 countries over forced labor * China, EU, and Mexico face increased import costs
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Economics Key Points * World Bank cuts global growth forecast by 0.4% to 2.5% for 2026 * European natural gas prices expected
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Economics Key Points * Federal Reserve Chair Kevin Warsh kept rates steady at 3.50% to 3.75% on June 17 * May CPI
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Economics Key Points * Oil futures recorded a third straight weekly loss, totaling $100 billion repriced * US military's retaliatory strike on
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Economics Key Points * US inflation hits 5.4%, highest in three years * Dow, S&P 500, and Nasdaq all close in
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Economics Key Points * US trade deficit reduced by $5 billion in April 2026 * US Q2 GDP forecast revised upwards by 3% * US
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Economics Key Points * Gold futures dropped below $4,000/oz on 24 June 2026 * S&P/TSX Composite Index declined by
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Economics Key Points * U.S. durable goods orders declined by $10 billion in May 2026 * Core capital goods orders softened by 5%
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Economics Key Points * World Bank projects global growth at 2.5% in 2026, the lowest since COVID-19. * Higher energy prices and rising
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Economics Key Points * ECB raised rates by 50 bps on June 18, 2026, exceeding expectations. * Eurozone inflation hit 3% in April 2026,
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Economics Key Points * NYMEX WTI futures approach $90 per barrel, Brent well over * Energy sector repriced by $100 billion, 5% shift in
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Economics Key Points * BofA Global Research and Wall Street firms predict no Fed rate cuts in 2026 * First Fed rate cut now
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Economics Key Points * Nasdaq 100 falls 4.8%, S&P 500 drops 2.64% on June 5, 2026 * Headline CPI above
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