Every pain avoided but in certain circumstances and owing to the claims of duty or the obligations of business it will frequently occur that pleasures have to be repudiated and annoyances accepted selection he rejects pleasures to secure.
The announcements on April 2, featuring a massive and widespread (albeit differentiated by country) increase in US tariffs, constitute a historic shock. The final extent of the damage and the aftershocks remain to be seen, but there is no doubt that the economic consequences will be negative, starting with the United States. They are already
WORLD/INTERNATIONAL TRADEThe WTO has drastically lowered its forecasts for world trade. Trade in goods is expected to fall by 0.2% this year, 2.9 percentage points below previous estimates. North American exports are set to plunge by 12.6% in 2025 (-0.4% in 2026), while Asian exports would slow to 1.6%, before rebounding in 2026. The revisions
Thursday, June 19, 2025 Eco Flash FOMC: Waiting and Divided Wednesday, June 18, 2025 Charts of the Week In the Eurozone, inflation is also a monetary phenomenon Monday, June 16, 2025 Eco Week Markets Review – 16 June 2025 Eco Week EcoNews – 16 June 2025 Scenario and forecasts The updated scenario and forecasts of
By accelerating the fall in oil prices, the timing between OPEC+’s decision to accelerate quota easing, and the Trump administration’s announcement of the start of a tariff war could limit inflationary pressures for US consumers and put pressure on the cartel’s undisciplined members. However, the convergence of interests between the heavyweights of the oil market
ADVANCED ECONOMIESUnited States – WorldA reciprocal tariff floor rate for everyone except China. On 9 April, the day the “reciprocal tariffs” came into force, Trump announced that they would be suspended – with the exception of that applied to China – for 90 days during which a 10% floor tariff will apply instead. This truce
THE ECONOMISTS WHO PARTICIPATED IN THIS ARTICLE Team : Data and Analytics Team PDF – Full publication Other articles from the same publication On the oil market, how far does the convergence of interests between OPEC+ and Trump go? By accelerating the fall in oil prices, the timing between OPEC+’s decision to accelerate quota easing
Last week, the Trump administration announced tariffs against the entire world which, added to those of previous weeks, will raise the average external tariff of the United States to 22%, compared with 2.5% at the end of 2024. Financial markets have reacted extremely badly, and suggest even more serious fears for US growth than for
ADVANCED ECONOMIESUnited States – WorldTariffs for everyone. Trump announced “reciprocal tariffs” on 2 April, applying to all of the United States’ trading partners and ranging from 10% to 50% (complete list). The new 10% floor rate has been in force since 5 April. The higher rates will apply from 9 April: 20% for the European
Thursday, June 19, 2025 Eco Flash FOMC: Waiting and Divided Wednesday, June 18, 2025 Charts of the Week In the Eurozone, inflation is also a monetary phenomenon Monday, June 16, 2025 Eco Week Markets Review – 16 June 2025 Eco Week EcoNews – 16 June 2025 Scenario and forecasts The updated scenario and forecasts of
As a result of the post-Covid debts surge and rising interest rates, the financial burden on governments is increasing. In the OECD, it has reached 3.3% of GDP, its highest level since 2010. For the European Union, the end of the period of cheap money coincides with a substantial increase in its borrowing requirements, partly