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Trade War
AT&T, Verizon, and T-Mobile warn customers of price hikes
The three largest U.S. phone carriers—AT&T, Verizon, and T-Mobile—are warning customers to expect price hikes in the coming months. Executives say rising tariffs and supply chain disruptions are forcing companies to pass higher costs onto ... more
U.S. GDP shrinks 0.3% as Trump blames Biden for weak economy
The U.S. economy contracted for the first time in three years, with gross domestic product (GDP) falling 0.3% in the first quarter of 2025. The decline—driven by a surge in imports and a drop in ... more
UPS, Amazon layoffs spark fears of deeper USPS fallout
Major U.S. logistics companies are restructuring in 2025, fueling concerns about broader disruptions across the shipping sector. UPS announced 20,000 layoffs and a 50% reduction in Amazon deliveries this week, citing cost pressures, shrinking margins, ... more
Is the U.S. in a recession? Trump’s tariffs and shrinking GDP fuel debate
The U.S. economy is flashing warning signs, and recession fears are rising fast. In the first quarter of 2025, America’s gross domestic product fell 0.3%—the first contraction in three years. The drop comes amid sweeping ... more
Trade War Escalates: Trump’s Tariffs on China Ignite Global Tensions, Mixed Views Among Americans
U.S.-China Trade War Deepens as Trump Targets Chinese Imports President Donald Trump’s latest salvo in the trade war has sent shockwaves through global markets and reignited tensions with China. On April 2, Trump imposed a ... more