Chinese tea firm Chagee aims for $400mn New York IPO despite tariff war
Maker of ‘teaspressos’ and ‘teapuccinos’ could be second-biggest Chinese listing in US in more than three years
Economic_News
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After 25 years of the same housing policies pushing up demand, Australia needs a new approach | Greg Jericho
First homeowners’ grants have long been the go-to policy by state and federal governments. And yet here we are in 2025 with a worsening housing affordability crisis
This week, the housing affordability crisis was solved when both the Labor and Liberal parties discovered that the key was to give people more money so they can bid a higher price for a home. Phew. Our long national nightmare is over.
Cripes. What a joke.
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US tariffs will make global trade shrink, says WTO
The Geneva-based institution says American tariffs will send international trade into reverse.
Global trade outlook has ‘deteriorated sharply’ amid Trump tariff uncertainty, WTO warns
The World Trade Organization has warned that the outlook for global trade has “deteriorated sharply” in the wake of President Donald Trump’s tariffs regime.
Trump tariffs will send global trade into reverse this year, warns WTO
World Trade Organization says trade between US and China is expected to plunge by 81% in ‘decoupling’
Donald Trump’s tariffs will send international trade into reverse this year, depressing global economic growth, the World Trade Organization has warned.
In its latest snapshot of the global trading system, the Geneva-based institution says it had previously expected goods trade to expand by a healthy 2.7% this year. As a result of Washington’s trade policy, it is now forecasting a 0.2% decline.
Retail sales increased 1.4% in March, greater than expected
Retail sales were expected to increase 1.2% in March, according to the Dow Jones consensus.