NEW YORK – America’s trade deficit just widened to US$88.6 billion, its largest since March 2025 — and the political reflex in Washington is almost certain to be more, not fewer, tariffs and trade restrictions. The irony is that the number doesn’t mean what US President Donald Trump will likely claim. July’s spike reflects a […] The post The AI boom just blew a hole in Trump’s trade war appeared…
Kenya’s business activity weakened in August as the headline Purchasing Managers’ Index fell to 49.7 from 51.3 recorded in July due to rising costs of raw materials and reduced stock purchases.
Eurozone Retail Sales contracted at a 0.6% pace Month-on-Month (MoM) in June, while they were anticipated to rise by 0.3%. June's data revised higher to 0.2% from -0.3%.