Economics News Headlines

US plans to impose major new tariffs on EVs, other Chinese green energy imports, AP sources say

The Biden administration is planning to announce new tariffs on electric vehicles, semiconductors, solar equipment and medical supplies imported from China

Decoding America’s escalating debt crisis

The United States is currently in the throes of a staggering $34 trillion debt crisis, which has economists, policymakers, and the general public engaged in heated debates. The country’s debt-to-Gross Domestic Product (GDP) ratio is at an all-time high, a situation attributed mainly to unprecedented money printing. This has led to inflation and a looming […]

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British economy rebounds strongly in first quarter of the year, ending 'technical recession'

The British economy bounced back strongly in the first three months of the year, bringing to an end to what economists termed a “technical recession.”

European companies are less upbeat about China's vast market as its economy slows

An annual survey of more than 500 European companies has found that slowing growth in China is weighing on company plans to expand their businesses in the world’s second largest economy