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ECONOMY
NATO Set to Revise Defense Spending Targets Amid U.S. Pressure

NATO prepares to revise defense spending, influenced by U.S. demands for increased contributions and responses to geopolitical threats.

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ECONOMY
US Trade Deficit Drops Sharply Amid Tariff Impact

US trade deficit falls significantly in April due to tariffs affecting imports and exports, with implications for future economic performance.

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ECONOMY
US auto suppliers call for urgent action against China's rare earth restrictions

US auto suppliers raise alarms over China's rare earth restrictions, warning of imminent production disruptions and economic fallout.

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ECONOMY
Trump’s Tax and Spending Bill Expected to Add $2.4 Trillion to National Debt

Trump's proposed legislation could increase national debt by $2.4 trillion while impacting millions of Americans' health insurance coverage.

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ECONOMY
Trump Doubles Tariffs on Steel and Aluminum to 50%, Escalating Trade Tensions

The U.S. has raised tariffs on steel and aluminum to 50%, impacting consumers and trade relationships with key allies.

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ECONOMY
China's Services Sector Shows Growth Amid US Tariff Concerns

China's services sector saw growth in May, despite concerns over US tariffs, as indicated by the Caixin PMI.

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ECONOMY
Vietnam Engages in Tough Trade Talks with the U.S. Amid Tariff Threats

Vietnam responds to U.S. trade demands while facing potential tariffs that could impact its economy.

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ECONOMY
Bulgaria Receives Green Light to Adopt Euro in 2026 Amid Public Skepticism

Bulgaria's approval to adopt the euro in 2026 faces mixed public reactions amid economic concerns and political challenges.

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ECONOMY
CBO Analysis: Trump's Tariffs to Shrink Economy but Reduce Federal Deficit by $2.8 Trillion

CBO projects Trump's tariffs will diminish the economy while cutting deficits by $2.8 trillion over the next decade.

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ECONOMY
US Metals Tariffs Double Amidst Expectation for Best Offers

US doubles metals tariffs while seeking trading partners' proposals to avoid additional tax burdens by July.

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