On Thursday, October 30, the US Senate approved the repeal of the global tariffs imposed by President Donald Trump, which generated $88 billion in tax revenue between April and August.
The vote to reject Trump's tariff policy was 51 in favor and 47 against, "with the support of Republican senators…
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Donald Trump
The Fed could implement further cuts before the end of the year
The data in the Fed minutes in the United States show the institution's willingness to make further interest rate cuts before the end of the year.
However, “the governing body emphasized that the impact of tariffs on prices is still…
Christine Lagarde proposes reinforcing the euro against the weakness of the US dollar
The US dollar appears to be struggling in the global market. Given this decline in the most widely used currency in international trade, the President of the European Central Bank, Christine Lagarde, urged the bloc's governments to…
Trump to impose 100 % tariff on drugs not manufactured in the US
Pharmaceutical products not manufactured in the United States will be subject to a 100 % tariff, according to a recent announcement by President Donald Trump.
The measure will apply to brand-name or patented pharmaceutical products…
Federal Reserve lowers interest rates for the first time since 2024
Last Wednesday, the US Federal Reserve finally implemented a quarter-point reduction in interest rates, setting them between 4 % and 4.25 %.
In a climate of uncertainty, the Fed made the announcement after a lengthy meeting of its Federal…
TikTok gains users in Europe amid uncertainty in the United States
TikTok maintains a positive trend in Europe, with 200 million new users per month, becoming the entertainment platform and business ally in Europe.
Meanwhile, uncertainty prevails in the United States about its operation, which until now…
BRICS reject US tariff policy
The BRICS countries made public their rejection of US tariff policies during their recent virtual summit.
The meeting was convened by Brazilian President Luiz Inácio Lula da Silva and was held via videoconference by the group of emerging…
US economy grew 3.3 % in the second quarter
US economic growth for the second quarter of 2025 was 3.3 %, slightly above the 3.1 % forecast.
This data confirms that the country's Gross Domestic Product growth was revised upward for the April-June period, according to the Bureau of…
The Fed could lower rates in September
U.S. Federal Reserve Chairman Jerome Powell said in his Jackson Hole speech this week that rates could be lowered in mid-September if the August inflation rate doesn't rebound.
The news came amid President Donald Trump's pressure on the…
Intel sells 10 % of its shares to the US government
Intel CEO Lip-Bu Tan announced the sale of 10 % of its shares to the US government, representing an investment of $8.9 billion.
Last week, President Donald Trump stated at a press conference that Intel, the semiconductor manufacturer,…
Gold will not face tariffs
The implementation of tariffs imposed by the US President Donald Trump on various countries sparked fear, specifically regarding gold. However, he said this Monday that the precious metal will be tariff-free.
As you may recall, "last week,…
Trump extends China tariffs deadline by 90 days
The application of Donald Trump's tariffs on China was extended for another 90 days after the President of the United States signed the corresponding executive order on Monday, August 11.
Trump's decision follows the last round of talks…