Tue, 21-Oct-2025

US considering ending some tariffs against China to combat inflation

inflation

The Biden administration is considering removing some Trump-era tariffs on Chinese imports. This is to contain domestic inflation, according to local media and US Commerce Secretary Gina Raimondo. Lifting duties on things like household goods and bicycles “may make sense,” she told reporters. The Biden administration is considering removing some Trump-era tariffs on Chinese imports … Read more

Stocks rise as investor optimism improves, with crude trading at $120

Stocks

Shares in Asia and Europe rose on Monday, but risk appetite ebbed after being higher earlier in the day. The dollar gained against the euro ahead of the European Central Bank’s policy meeting. Sterling rose ahead of a confidence vote in Parliament that Prime Minister Boris Johnson won. Worldwide stocks markets rose on Monday on … Read more