Trump Warns Apple of 25% Tariffs
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US consumers went on a shopping spree earlier in the year to get ahead of tariff-induced price hikes, but that tailwind is fading, experts say.
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Cryptopolitan on MSNSingapore advises against tit-for-tat tariffs as economy faces technical recession riskAsian economies need to stay agile and avoid tit-for-tat tariff retaliation, a deputy managing director of the Monetary Authority of Singapore said on Friday. At the meeting, Robinson, who is also a MAS chief economist,
Singapore could slip into a technical recession this year, a government official said on Thursday after final GDP data confirmed the city-state's economy had contracted in the first quarter even before U.
JPMorgan economists this week said the risk of a recession had fallen below 50%. Trade war volatility has eased, but Dimon said risks remain.
Nearly two-thirds of homebuyers believe a recession is coming, though some hope it will improve conditions for buying a house.
Former Treasury Secretary Larry Summers issued a stark warning to President Donald Trump, urging the latter to retreat on the taxes, as he did with the tariffs. What Happened: On Wednesday, in a post on X,
Tariffs by themselves will not send the U.S. economy into recession, though they will hurt the economy by a small amount. Uncertainty, though, could trigger a recession
Calmer markets in May after the U.S.-China tariff truce, but recession risks persist. Discover 5 tariff-resistant stocks with strong fundamentals.
The Robert Walters Global Jobs Index found a 16.2 percent month-on-month decline in vacancies in the U.S. between March and April.
JPMorgan reduced its forecast for the chance of a recession this year after the U.S. and China temporarily lowered the higher tariffs they imposed.