Business, General IMF hikes UK growth outlook amid lower inflation and interest rates October 22, 2024 The IMF now sees 1.1% growth for the U.K. economy this year, up from its July forecast of 0.7%, and reiterated a forecast for 1.5% expansion in 2025.
Adidas warns it will raise prices on all U.S. products due to tariffs “Higher tariffs will eventually cause higher costs for all our products for the US market,” Adidas said in a statement.
Trump’s tariffs hit China hard before – this time, it’s ready Trump has threatened a 10% levy from 1 February – but his campaign included 60% tariffs against Chinese imports.
Far from a bazooka, China’s stimulus measures are just trickling through the economy China’s latest efforts to kickstart growth will take time to play out, data and company earnings show.