Recessions and depressions – Techwen

Recessions and depressions

Puerto Rico seeks to lure manufacturing to boost economy as Trump tariff war deepens

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Puerto Rico seeks to lure manufacturing to boost economy as Trump tariff war deepens

SAN JUAN, Puerto Rico — A global trade war is offering Puerto Rico hope as the U.S. territory, attempts to strengthen its fragile economy. Government officials are jumping on planes to try and convince international companies to relocate their manufacturing plants to the island, where they would be exempt from tariffs. Any relocation would be … Read more

US, global economic outlook worsens in the face of Trump’s tariffs, IMF says

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US, global economic outlook worsens in the face of Trump’s tariffs, IMF says

WASHINGTON — The outlooks for the U.S. and global economies have significantly worsened in the wake of President Donald Trump’s tariffs and the uncertainty they have created, the International Monetary Fund said Tuesday. The IMF said that the global economy will grow just 2.8% this year, down from its forecast in January of 3.3%, according … Read more