Economy coverage from U.S. with verified sources, refreshed every five minutes.
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US small businesses filed a lawsuit challenging President Trump’s new forced labour tariffs on 60 economies that took effect after stopgap levies expired, drawing objections from Australia, Japan, New Zealand, the EU and others.
The United States implemented new 10-12.5% tariffs on imports from 60 countries including Switzerland, the EU and China on Friday, replacing an expiring temporary global tariff and citing insufficient action against forced labour in global supply chains.
The United States imposed 10-12.5% tariffs on 60 countries under Section 301 over forced labor enforcement failures, replacing expiring temporary levies after a Supreme Court ruling.
The United States announced new 10-12.5% tariffs on 60 trading partners effective Friday, replacing expiring temporary levies imposed after a Supreme Court ruling, citing forced labour concerns.
President Trump announced zero tariffs on imported generic drugs for two years to encourage US manufacturing, after which rates rise to 100% and then 200%, amid broader tariff actions on trading partners.
US oil exports surge amid Iran war, redefining global trade, boosting USD & fueling China tensions. Expert analysis on markets, FDI risks & energy dominance. (138 chars)
Trump's 2026 tariffs on pharma (100%) & metals spark sustainability crisis: water scarcity, mining pollution, emissions surge amid oil spikes. Deep dive analysis.
Trump's 100% pharmaceutical tariffs boost US innovation & self-reliance amid drug price crisis. Market impacts, predictions & trade war risks analyzed. (128 chars)
US economy turmoil: Oil surges to $100+ from Iran war, CA gas $5.42/gal, trade probes hit imports. GDP slows, markets reel—household budgets at risk in 2026.
Iran war drives oil prices over $100, straining US banks and consumers with higher costs and delinquencies. Explore the economic impacts and future risks.
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