Trump revises import duties to address border issues
Trump revises import duties to address border issues

White House said the amendment updates Executive Order 14194, issued on February 1, 2025, titled Imposing Duties to Address the Situation at Our Southern Border. It specifically tightens the de minimis threshold, which allows low-value imports to enter the U.S. duty-free. Under the revised...

IMF predicts steady global growth, disinflation for 2025
IMF predicts steady global growth, disinflation for 2025

The International Monetary Fund (IMF) expects steady global economic growth and ongoing disinflation in 2025, IMF Managing Director Kristalina Georgieva revealed ahead of the updated World Economic Outlook release on January 17, reports Reuters. Georgieva highlighted that the U.S. economy is...