The US merchandise-trade deficit widened in December to a record as the value of imports increased, highlighting a key issue that President Donald Trump aims to rectify in his second term.
Gao’s sin? Saying that China may have grown just 2% over the last two or three years, less than half the rate Xi’s government claims. The reason Gao is allegedly being silenced is for shining a brighter-than-usual spotlight on one of the biggest perception problems facing Xi’s Communist Party: that China routinely cooks the GDP books.
The USD/MXN pair continues its upward momentum for the second consecutive session, trading around 20.70 during Asian hours on Friday. The Mexican Peso (MXN) remains under pressure following renewed tariff threats from US President Donald Trump.
Mexico's economy suffered its first contraction in three years in the fourth quarter of 2024, official figures showed Thursday, as the country braces for US President Donald Trump's threatened tariffs.
In virtual remarks to the annual meeting of the World Economic Forum in Davos, Switzerland, President Donald Trump on Thursday spouted many false or misleading economic claims. Here’s a quick rundown.
A foretaste of what President Donald Trump’s vaunted ‘Make America Great Again’ agenda might have in store for the rest of humanity was on full exhibition during his address to business leaders and heads of government on January 23,
Trump has said members of the military alliance should spend 5% of their gross domestic product (GDP) on defence – a huge increase from the current 2% goal and a level that no NATO country, including the United States, currently achieves. Copyright 2025 Thomson Reuters.
The American economy ended 2024 on a strong note - but inflation pressure remains. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at 2.3 percent the annual rate from October through December.
Make no mistake about it, Donald Trump is going to play ... which would represent a 26% increase in worldwide gross domestic product. The biggest imprint Trump will have within the AI arena ...
Facing U.S. President Donald Trump's ongoing criticism about ... NATO's military investment benchmark of two per cent of gross domestic product within two years. That accelerated timeline to ...
Gold hit an all-time high as the dollar pushed lower and traders sought safety amid concerns over US president Donald Trump's tariff measures.Bullion surged as much as 1.4pc to $2,798.59 an ounce, surpassing its previous all-time high set in October.