China to levy additional tariffs of up to 15% on select U.S. imports starting Feb. 10

Jakub Porzycki | Nurphoto | Getty ImagesChina's finance ministry said Tuesday it will impose additional tariffs of 15% on coal and liquified natural gas imports from the U.S. and 10% higher duties on crude oil, farm equipment and certain cars, starting Feb. 10.The tariffs announcement comes as the additional...

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As markets buckle up for Trump tariffs, these global sectors brace for a rough ride

U.S. President Donald Trump this weekend announced hefty tariffs on his country's three biggest trading partners, leaving investors scrambling to position themselves for a global trade war.Canada and Mexico face 25% duties on their exports to the U.S., with a lower 10% levy imposed on Chinese goods. Canada has...

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Euro zone inflation, January 2025

A person buys products at a Mercadona store in Lisbon, Portugal, on January 25, 2025.Luis Boza | Nurphoto | Getty ImagesThe euro zone inflation accelerated to a hotter-than-expected 2.5% in January on an annual basis, flash data from statistics agency Eurostat showed Monday.Economists polled by Reuters had expected the...

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German inflation, January 2025

Customers waiting at the checkout in a supermarket.Markus Scholz | Picture Alliance | Getty ImagesGerman inflation was unchanged year-on-year at 2.8% in January, preliminary data from the country's statistics office Destatis showed Friday in the last reading before Germans head to the polls next month.The reading was also in...

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PCE inflation December 2024:

Customers shop for food at a grocery store on Jan. 15, 2025 in Chicago, Illinois.Scott Olson | Getty Images News | Getty ImagesInflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central bank's target.The personal consumption...

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German GDP, fourth quarter 2024

The Frankfurt skyline at dusk on a November day.Helmut Fricke | Picture Alliance | Getty ImagesThe German economy shrank by 0.2% quarter-on-quarter in the three months ending in December, according to preliminary data released by Germany's statistics office Destatis on Thursday.The figure is adjusted for price, calendar and seasonal...

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Germany slashes economic growth expectations ahead of February election

Economy and Climate Action Minister and Greens Party chancellor candidate Robert Habeck arrives for the weekly federal government cabinet meeting on January 29, 2025 in Berlin, Germany.Sean Gallup | Getty Images News | Getty ImagesThe German government on Wednesday slashed its gross domestic product forecast to just 0.3% growth...

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