A duopsony, however, is an economic condition whereby there are only two large buyers for a specific product or service. The buyers thus have considerable bargaining power and can determine market ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. President Donald Trump speaks with reporters as he ...

adding volatility to global markets and prolonging economic pain on both sides. American businesses face soaring import costs, while Chinese exporters are squeezed by falling US demand.

Forecasts for global growth have been revised markedly down compared with the January 2025 World Economic Outlook (WEO) Update, reflecting effective tariff rates at levels not seen in a century and a ...

"As the competent department for foreign economic and trade relations, I would like to emphasise that there are currently no economic and trade negotiations between China and the United States," ...

an economist at Bloomberg Economics. "Looking ahead, we see the economy rebounding in the second quarter of this year, helped by easing political uncertainty at home. But the recovery will likely ...

Senior administration officials are scrambling to stem economic damage from China’s restrictions on rare-earth exports, as President Donald Trump’s trade war risks cutting key industries and ...

Nigel Driffield receives funding from the Economic and Social Research Council. He is an inactive member of the Labour Party and an advisor to the mayor of the West Midlands Those of us who study ...

On Friday, Trump economic adviser Kevin Hassett said the administration was studying whether or not they could fire Powell from the Fed, despite warnings that it could unleash more economic chaos.

The U.S. economy will grow 1.8% this year, the IMF said in its latest World Economic Outlook, down 0.9% from January and a full percentage point from last year's projection of 2.8%. Growth for ...

The IMF's report slashed its 2025 economic growth forecast for the U.S. to 1.8%, slashing 0.9 percentage point from the gross domestic product (GDP) growth rate it projected in January.

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. The U.S. and global economies will likely slow ...