Our Economy and the World Issue 405

27-04-2025

This week’s issue of “Our Economy and the World” includes:

Key Global and Regional Developments over the Past Week

  • Reuters: Tariffs restrain US business activity, boost asking prices for products
  • BBC: Trump hints at softening China tariffs and says no plan to sack Fed boss
  • Reuters: US new home sales jump in March; supply still rising
  • Reuters: Bessent says China tariffs are not sustainable as US signals willingness to de-escalate

Special Analysis 

  • World Trade Organization: Temporary tariff pause mitigates trade contraction, but strong downside risks persist

Developments in Financial and Commodity Markets in the Past Week

  • Bloomberg: Oil falls as OPEC fears outweigh possible easing of China levies
  • Reuters: Wall Street ends higher on hopes of trade war de-escalation