44 h. ago US deficit grows to $291bn in July despite tariff revenue surge

 The U.S. government's budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President Donald Trump's tariffs, with outlays growing faster than receipts, the Treasury Department said on Tuesday.

Politics

5 d. ago Oil Prices Tumble as Tariffs and OPEC+ Output Rattle Markets

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/oil-prices-tumble-as-tariffs-and-opec-output-rattle-markets/Global crude prices plunged toward weekly lows on August 8, 2025, as U.S. tariff threats and OPEC+ production hikes spooked traders. Brent crude slid to $66.39 a barrel, with West Texas Intermediate at $63.79 both down sharply from the previous day’s close. The drop followed former President Donald Trump’s new 25% tariff on all Indian […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/oil-prices-tumble-as-tariffs-and-opec-output-rattle-markets/

Economics

7 d. ago Trump Tariffs Take Effect, Triggering Global Pushback and Market Jitters

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/trump-tariffs-take-effect-triggering-global-pushback-and-market-jitters/President Donald Trump’s expansive new tariff regime has officially launched, imposing levies on over 90 countries and sending shockwaves through international markets and diplomatic channels. Trump announced the policy’s implementation in characteristic style via social media, declaring “IT’S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!” The core […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/trump-tariffs-take-effect-triggering-global-pushback-and-market-jitters/

Politics

7 d. ago India’s Modi says will not compromise interests of farmers, amid Trump’s tariff salvo

Indian Prime Minister Narendra Modi said on Thursday he will not compromise the interests of the country's farmers even if he has to pay a heavy price for it, in his first comments after U.S. President Donald Trump's salvo of a 50% tariff on Indian goods.

Politics

8 d. ago Trump orders India tariff hike to 50% for buying Russian oil

US President Donald Trump has issued an executive order hitting India with an additional 25% tariff over its purchases of Russian oil.

Politics

8 d. ago How Trump’s secondary tariffs on Russia could hit the global economy

Despite being the world's most sanctioned country, Russia has continued to use its vast energy wealth to bankroll its war in Ukraine.

Politics

4 w. ago Trump’s tariffs put 100,000 jobs at risk in South Africa, central bank chief says

U.S. President Donald Trump's tariffs on South Africa could cause around 100,000 job losses, with the agriculture and automotive sectors hardest hit, central bank governor Lesetja Kganyago said on Wednesday.

Politics