Tag: U.S tariffs
Trump Threatens EU with 50 Percent Tariffs: A Blow to Workers on Both Sides of the Atlantic
US President Donald Trump escalates his trade war, vowing to impose 50% tariffs on all European Union products. Left-wing voices warn this move will deepen economic inequality and hit working families hardest. Related: Judge Burroughs Blocks Trump’s Move to Halt Enrollment of Foreign Students at Harvard US President Donald Trump has once again ignited global […]
May 23, 2025
China Defends Multilateralism and Economic Justice Ahead of Upcoming Trade Meeting with the U.S.
Chinese Vice Premier He Lifeng will lead a high-level economic summit with the U.S. in Switzerland, advocating multilateralism and demanding mutual respect amid Washington’s unilateral tariff policies. Related: U.S.-China Tariff Meetings To Happen at the Right Time: Trump Chinese Vice Premier He Lifeng, the chief official responsible for China’s economic and trade policies, will head […]
May 7, 2025
IMF Predicts Recession in Mexico Due to Trump’s Tariffs; Sheinbaum Rejects Forecast and Defends “Plan Mexico”
The IMF projects a 0.3% contraction in Mexico’s GDP for 2025 due to Trump’s tariffs, but President Sheinbaum insists her government’s economic models and “Plan Mexico” will avert recession. Related: The U.S. imposes tariffs on tomatoes imported from Mexico. The International Monetary Fund (IMF) has sounded alarms by forecasting a 0.3% contraction in Mexico’s GDP […]