Business and Economy

Business and Economy Latest News

'Malignant stupidity', 'weak': Economists on Trump's tariffs
'Malignant stupidity', 'weak': Economists on Trump's tariffs
by  AFP

A wide range of economists are voicing alarm over US President Donald Trump's tariffs blitz, which has sparked a trade war that experts say could lead to a global recession. Here are comments from some leading economists: - 'Spectacle of failed policies' - Li Daokui, one of China's most influential economists, told AFP that Trump's tariffs mainly aim to "squeeze other countries" for concessions.

Myanmar garment manufacturers warn US tariffs imperil quake recovery
Myanmar garment manufacturers warn US tariffs imperil quake recovery
by  AFP

Myanmar's garment manufacturers have warned US tariffs threaten to hobble the country's recovery from a devastating earthquake, as the death toll rose to 3,600. The Myanmar Garment Manufacturers Association (MGMA) said the tariffs due to take effect from Wednesday were causing "considerable concern" in an industry employing more than 500,000 people, mostly young women.

Energy

Money

Industry

Technology

Economy