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IMF projects stronger-than-expected global economy, cautions against ‘premature’ conclusions on tariff shock

IMF projects stronger-than-expected global economy, cautions against ‘premature’ conclusions on tariff shock

by Desiree Luo and Avigna Ramachandran | Oct 14, 2025 | Business, Featured

WASHINGTON – The International Monetary Fund on Tuesday projected the global economy to grow 3.2% in 2025, according to its latest World Economic Outlook.  This figure represents a slowdown from 3.3% growth in 2024 but a 0.2% upward revision from the IMF’s July...
Trump tariff delays cause market uncertainty, experts say

Trump tariff delays cause market uncertainty, experts say

by Desiree Luo | Oct 2, 2025 | Business, Featured

WASHINGTON — Tariff uncertainty and delays have become the norm under the Trump administration.  President Donald Trump announced a 100% import tax on pharmaceutical drugs Sept. 25. He also proposed levies on select kitchen cabinets, upholstered furniture and trucks...
White House grants one-month exemption to tariffs on Canada, Mexico for US automakers

White House grants one-month exemption to tariffs on Canada, Mexico for US automakers

by Jerry Wu | Mar 5, 2025 | Politics

WASHINGTON  — The White House granted a one month-exemption to any tariffs on cars coming into the U.S. from Canada and Mexico, White House Press Secretary Karoline Leavitt announced on Wednesday. Leavitt said that President Trump had met with the leaders of the “Big...
Commerce Nominee Lutnick defends Trump tariffs, promises to divest from business interests

Commerce Nominee Lutnick defends Trump tariffs, promises to divest from business interests

by Lenna Peterson | Jan 29, 2025 | Business, Featured

WASHINGTON – Howard Lutnick, billionaire CEO and co-chair of the Trump/Vance transition team, vowed to use his position as commerce secretary to implement the new administration’s tariff policies in a confirmation hearing Wednesday.  Vice President JD Vance...
“Trump Trade” soars in aftermath of Tuesday’s elections

“Trump Trade” soars in aftermath of Tuesday’s elections

by Ananya Chag | Nov 6, 2024 | Business, Campaign 2024, Featured

WASHINGTON – U.S. stock futures soared to record highs Wednesday in response to Donald Trump’s win in the battle against Vice President Kamala Harris for president. The Dow Jones Industrial Average rose 3.4%, or around 1,430 points, around 1:50 pm EST, notching...
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