Gurpreet Narwan

2 weeks ago | three.fm | Gurpreet Narwan

The damage it will do is obvious: costs for companies will rise, hitting their earnings. The consequences will ripple throughout the global economy, with economists now raising their expectations for a recession, not only in the US, but across the world. Tariffs latest: FTSE 100 suffers biggest daily drop since COVIDFinancial investors had been gradually re-calibrating their expectations of Donald Trump over the past few months.

2 weeks ago | news.sky.com | Gurpreet Narwan

Global financial markets gave a clear vote of no-confidence in President Trump's economic policy. The damage it will do is obvious: costs for companies will rise, hitting their earnings. The consequences will ripple throughout the global economy, with economists now raising their expectations for a recession, not only in the US, but across the world. Financial investors had been gradually re-calibrating their expectations of Donald Trump over the past few months.

3 weeks ago | news.sky.com | Gurpreet Narwan

Economists immediately started scratching their heads when Donald Trump raised his tariffs placard in the Rose Garden on Wednesday. On that list he detailed the rate the US believes it is being charged by each country, along with its response: a reciprocal tariff at half that rate. So, take China for example. Donald Trump said his team had run the numbers and the world's second largest economy was implementing an effective tariff of 67% on US imports. The US is responding with 34%.

4 weeks ago | news.sky.com | Gurpreet Narwan

The Office for Budget Responsibility (OBR) has given its latest take on the economy, and it's full of big changes to its economic projections but also plenty of red flags about the levels of uncertainty around its forecasts. Echoing the chancellor's speech in the Commons and the Bank of England last week, the OBR warned there are many policy uncertainties, which has made its job harder.

1 month ago | msn.com | Gurpreet Narwan

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