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Trump's New Tariffs on Venezuelan Oil Challenge Global Trade Dynamics

Trump's New Tariffs on Venezuelan Oil Challenge Global Trade Dynamics

Washington, Wednesday, 2 April 2025.
President Trump’s 25% tariffs on countries importing Venezuelan oil aim to pressure Venezuela while sparking global market disruptions and potential cost increases for American consumers.

Goldman Sachs Warns Tariffs Could Trigger Recession Risk

Goldman Sachs Warns Tariffs Could Trigger Recession Risk

New York, Monday, 31 March 2025.
Goldman Sachs alerts on Trump’s tariffs possibly heightening US recession risk to 35%, spiking inflation to 3.5%, and stunting economic growth amid trade policy uncertainties.