PRESS AI WORLD

ECONOMY

Trump Announces 15% Tariff Deal with South Korea Amid Trade Negotiations

Thursday, Jul 31

Donald Trump announces a trade deal with South Korea, imposing a 15% tariff on imports and securing $350 billion in investments.

ECONOMY

Trump Ends Global Tariff Exemption for Low-Value Imports

Thursday, Jul 31

Trump signs an executive order ending the tariff exemption for low-value imports, impacting online shopping and trade.

ECONOMY

US Economic Growth Rebounds in Q2 but Reflects Underlying Weaknesses

Wednesday, Jul 30

US economic growth shows a rebound in Q2, but underlying weaknesses persist, driven by trade and consumer spending factors.

ECONOMY

US Public Opinion on Israel's Military Actions in Gaza Collapses

Wednesday, Jul 30

Support for Israel's military actions in Gaza has plummeted among Americans, reflecting deepening political divides.

ECONOMY

Adidas Faces $231 Million Tariff Costs, May Increase U.S. Prices

Wednesday, Jul 30

Adidas reports significant tariff impacts and warns of potential price increases in the U.S.

ECONOMY

Trump Administration Freezes $108 Million in Federal Funding to Duke University Amid Discrimination Probe

Wednesday, Jul 30

The Trump administration has frozen $108 million for Duke University as part of a discrimination investigation concerning race-based preferences in admissions and hiring.

ECONOMY

US-China Trade Talks End in Stalemate as Beijing Gains Leverage

Wednesday, Jul 30

US-China trade talks conclude without breakthroughs, with analysts noting Beijing's unexpected gain in negotiating power.

ECONOMY

IMF Upgrades Global Growth Forecast Amid Tariff Adjustments and Economic Resilience

Wednesday, Jul 30

IMF raises its global growth forecast to 3% for 2025, citing tariff adjustments and improving financial conditions amidst ongoing economic challenges.