Monday, June 8, 2026
22.5 C
New York

World economy is on track for worst decade since 1960s: report

The U.S. and China have struck a deal that could restart trade between the two economic giants, following a dramatic 145% tariff on Chinese imports introduced by Donald Trump.

Money expert Rubina Ahmed-Haq joins us to explain how this agreement might affect Canadian consumers — from prices at the checkout to potential impacts on jobs and manufacturing.

Plus, we unpack the World Bank’s sobering report that warns the 2020s could be the worst economic decade since the 1960s, with trade and tariffs playing a major role in the slowdown.

For more info, please go to https://globalnews.ca
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on X HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews #economy #tariffs

source

Hot this week

World Markets Watchlist: June 8, 2026

Our global markets watchlist tracks nine prominent indexes...

Eliminate Pre-Funding and Unlock Global Liquidity Via Multi-Rail Automation

Cross-border payments platform Nium is expanding its treasury...

Bridge Investment Group Closes Second Logistics Real Estate Fund at $1.4B

Bridge Investment Group’s Bridge Logistics Properties strategy has...

Chevron CEO: We are expecting slower demand growth as global economy may slow

Mike Wirth, CEO of Chevron, discusses expectations for oil...

Stock market jitters remain amid tech fears and renewed Middle East attacks

Markets in Asia are hit by a tech...

Latest Post

Harry’s Coterie owner Mammoth Brands grows amid IPO rumors

Mammoth Brands wants to take on traditional consumer...

Chevron CEO: We are expecting slower demand growth as global economy may slow

Mike Wirth, CEO of Chevron, discusses expectations for oil...

World Markets Watchlist: June 8, 2026

Our global markets watchlist tracks nine prominent indexes...

Long-term unemployment is surging in the U.S., costing workers and the economy

Over recent weeks, Parker Taylor reached a grim...

Eliminate Pre-Funding and Unlock Global Liquidity Via Multi-Rail Automation

Cross-border payments platform Nium is expanding its treasury...

Bridge Investment Group Closes Second Logistics Real Estate Fund at $1.4B

Bridge Investment Group’s Bridge Logistics Properties strategy has...
Demo

Related Articles

Popular Categories

Demo