United States

U.S. tariffs could constrict global trade by 1 percent in 2025, WTO warns 

Trump recently announced a 10 percent import tax and higher tariffs on trade surplus nations.

J.P. Morgan raises global recession odds to 60 percent on U.S. tariff concerns

Retaliation, a slide in U.S. business sentiment and supply chain disruptions could magnify the impact of tax hike

Global AI market to reach $4.8 trillion by 2033: 40 percent of jobs at risk

The report emphasized the need for global AI governance, with 118 countries absent from discussions

OPEC+ to raise oil output by 411,000  bpd in May, citing healthy market fundamentals

The May hike is the next increment of the plan to gradually unwind the most recent output cut of 2.2 million bpd

U.K. targets U.S. imports: List of products facing tariffs

The published list features roughly 8,000 items that could be affected by future retaliatory duties

Oil prices fall to $69.35, set for worst week in months over global demand concerns

OPEC+ now aims to return 411,000 barrels per day to the market in May, up from 135,000 bpd as initially planned

Stock market today: Nifty 50, Nasdaq and S&P 500 fall on recession fears

S&P 500 companies lost a combined $2.4 trillion in stock market value amid one of the largest single-day percentage losses in years

UAE gold prices dip AED3.75, global rates set for fifth consecutive weekly gain

In the previous session, gold prices declined by more than 2 percent after reaching a record high of $3,167.57

U.S. tariff rate soars to 22 percent from just 2.5 percent, highest since 1910: Fitch

Tariffs are expected to generate approximately $700 billion in annual revenue

Trump tariffs list: Over 180 countries and territories hit with “Liberation Day” tariffs

Trump’s sweeping tariffs will go into effect on April 5, and his reciprocal tariffs will hit on April 9 on new imports of foreign-made goods

Amazon joins competitive race for TikTok ownership ahead of U.S. ban deadline

Buying TikTok could help Amazon attract younger shoppers and merge social media with shopping

Oil prices dip 2.29 percent as U.S. economic uncertainty raises demand fears

Imports of oil, gas and refined products were exempted from the new tariffs, the White House said