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,
The United States is abandoning the economic system that made it rich and powerful, gambling that it can become more prosperous waging a global trade war.
PRESIDENT Donald Trump has unleashed a searing warning as he hits back at China for imposing revenge tariffs and continues to wage war over the future of TikTok. He cried, “Only the weak
Tariffs risk slowing growth and making inflation stickier, a tricky combination for the central bank as it debates what to do about interest rates.
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.
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.
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Morgan Ortagus, President Trump’s deputy Middle East envoy, met with senior officials as tensions with Israel threaten the truce.
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.
International Monetary Fund Managing Director Kristalina Georgieva warned that President Donald Trump’s sweeping tariff campaign presented “a significant risk to the global outlook at a time of sluggish growth.