Dealmakers are not waiting for Donald Trump’s policies of tax cuts and relaxed regulation to come into effect.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Apr 8 2025
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CAR MARKET UPSET: BYD SETS SALES RECORD, TESLA SLUMPS
BYD, China’s premiere maker of hybrid and electric vehicles (EVs), saw its sales rocket up 58 percent in this year’s first quarter, the company said. Sales of pure EVs rose 39 percent.
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OPEC+ WILL BOOST OUTPUT IN MAY AS OIL PRICES TANK
Meeting on 4 April, two days after Donald Trump announced his tariff war, ministers from eight member countries of the Organization of Petroleum Exporting Countries and their allies (OPEC+) agreed to increase oil production by 411,000 barrels a day beginning next month.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The U.S. added 228,000 jobs in March, while the unemployment rate rose from 4.1 percent to 4.2 percent, according to the Labor Department’s job report for March.
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SPECIAL REPORT: TRUMP’S TARIFFS, THE UPS AND DOWNS, FOR BETTER AND FOR WORSE
U.S. president Donald Trump has announced a 10-percent tariff on all goods entering the country and has custom-tailored higher rates on about 60 countries Trump sees as putting “unfair” tariffs, taxes, or regulatory restrictions on U.S. imports.
