25th April 2025
China Warns G20 of Insufficient Global Growth Amid Trade Tensions
At the G20 meeting, China highlighted that global economic growth remains "insufficient" due to escalating tariff and trade disputes undermining momentum.
Germany Slashes 2025 Growth Forecast to Zero, Citing U.S. Tariffs
Germany has reduced its economic growth forecast for 2025 from 0.3% to zero, attributing the stagnation to the adverse effects of U.S. tariffs.
China Exempts Select U.S. Goods from Tariffs to Mitigate Trade War Impact
In an effort to ease trade tensions, China has exempted certain U.S. imports from its 125% tariffs and is identifying critical goods for further exemptions.
California Surpasses Japan to Become World's Fourth-Largest Economy
California has overtaken Japan in economic size, now ranking as the world's fourth-largest economy, following the U.S., China, and Germany.
Oil Prices Decline Amid Oversupply Concerns and U.S.-Iran Talks
Oil prices are heading for a weekly loss due to potential oversupply, influenced by positive developments in U.S.-Iran negotiations and possible OPEC+ production increases.
Swiss National Bank Highlights Economic Risks from Global Trade Conflicts
The Swiss National Bank warns that escalating global trade conflicts are likely to weigh on Switzerland's economic growth prospects.
Japan Introduces Emergency Measures to Counter U.S. Tariff Effects
Japan has unveiled a package of emergency economic measures aimed at mitigating the adverse impacts of higher U.S. tariffs on its economy.
News written by Jin-Soo Pak | Published by Zhangir Zhangaskin
