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Articles for tag: American economy, Canada, Canada invoices, china, China invoices, Dow Jones, falls, financial impact, imposes, invoice, invoices, manufacturing costs, Mexico, Mexico invoices, Nasdaq, retail, S&P 500, Stock Market, Street, trade war, Trump, Trump invoices, Wall, Wall Street

March 4, 2025

News Desk

Wall Street falls as Trump imposes invoices on Canada, Mexico and China

Listen to the article US reserves were immersed after President Donald Trump confirmed that abrupt tariffs in Canada and Mexico will come into force as planned, causing fears of escalating commercial tensions and economic uncertainty. The Dow Jones industrial average decreased nearly 800 points or 1.8%, while the S&P 500 decreased by 2.1%, marking the worst day trading day. The Nasdaq complex destroyed 3%, weighed with a separate fall in Nvidia, which lost more than 9%. Speaking to the White House alongside the Secretary of the Commerce Howard Lutnick, Trump said the deadline for trade negotiations had passed and the

February 2, 2025

News Desk

Trump strikes Canada, Mexico and China with invoices. retaliation emerge

Listen to the article US President Donald Trump has announced sweeping new invoices for goods imported from Canada, Mexico and China, escalating commercial tensions with the country’s three largest commercial partners. Invoices, which are to come into force on Tuesday, include a 25% duty on imports from Canada and Mexico and a 10% invoice in Chinese goods. Canadian energy products will face a lower 10%contribution. Trump justified the move in response to illegal concerns about drug trafficking and trafficking, citing the International Emergency Emergency Law (IEEPA). “Today’s price announcement is necessary to keep China, Mexico and Canada responsible for their

January 25, 2025

News Desk

SPI records the lowest rise of the last seven years

Listen to the article Pakistan’s Weekly Sensitive Price Index (SPI) fell 0.77% to a week for the period ended on January 23, 2025, showing its fourth consecutive decline. The decrease is largely due to significant reductions in basic species prices, including tomatoes (-33%), eggs (-10%), onions (-10%) and potatoes (-7%). On an annual basis, the Spi recorded a moderate 0.5%rise, the lowest in almost seven years, marking the decline in inflationary pressures, according to Topline Research. “SPI reading is the lowest since data is available,” AHL’s research manager Tahir Abbas noted. According to the Pakistani Statistics Office (PBS), a significant

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