According to new data from the Australian Retailers Association (ARA) and Roy Morgan, Australians spent significantly more on food, travel and home improvement this Easter.
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Local time on April 10, the International Monetary Fund (IMF) raised Spain's economic growth forecast for 2025 by 0.2 percentage points to 2.5%, and predicted that the country's economic growth rate in 2026 would be 1.8%.
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Recently, Japan's first quarter GDP data has attracted global attention.
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In the current context of highly interconnected global economy, the new round of high tariff policies implemented by former US President Donald Trump has not only escalated trade tensions between China and the United States, but also shaken the confidence of international investors in the stability of the US economy.
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On April 8, local time, U.S. Trade Representative Greer said that the new U.S. tariff policy will take effect on the 9th. U.S. President Donald Trump signed an executive order on "reciprocal tariffs" on Tuesday, announcing that the United States will set a "minimum baseline tariff" of 10 percent on its trading partners and impose tariffs of more than 30 percent on countries with large trade deficits.
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On April 4, local time, US President Trump posted on social media that now is the perfect time for Federal Reserve Chairman Powell to cut interest rates.
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On April 9, 2025, the United States officially announced the imposition of a 104% comprehensive tariff on Chinese goods.
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When Donald Trump announced a "historic" tariff policy on global trading partners on April 3, Wall Street's red alarm quickly sounded.
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During his second term, Trump signed an executive order called "Reciprocal Tariffs," which announced a 10% "benchmark tariff" on all trading partners and punitive tariffs of up to 20% to 49% on major economies such as China, the European Union and India.
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US President Donald Trump stated on Sunday that he will not abandon plans to impose comprehensive tariffs on imported goods from most countries in the world unless countries achieve trade balance with the United States, and will persist in implementing these tariffs.
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In recent years, the US government has frequently brandished the tariff stick, and its trade protectionist measures have had a significant impact on the global economic order. Among them, the German automotive industry has become one of the industries most severely affected.
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