The European Union has begun outlining its response to the sweeping new tariffs imposed by U.S. President Donald Trump, ...

The global economy faces rising threats of recession as tariffs escalate and trade tensions deepen between major economies, warns Nigel Green, CEO of global financial advisory giant deVere Group.

New tariffs trigger sell-offs; recession odds surge significantly, commodities plummet, Aussie dollar collapses.

Federal Reserve Chair Jerome Powell has warned that President Donald Trump’s sweeping new tariffs are likely to lift inflation and weaken economic growth, signalling that the central bank will ...