Deena Zaidi

Data & financial journalist covering global economics and policy

All posts by Deena Zaidi

U.S. inflation drops to 2.4% as egg prices peaked at $6.23 per doz. in March

Posted on Author Deena ZaidiPosted in World Economy

U.S. inflation dropped to 2.4% in March as consumer prices fell slightly, easing from 2.8% in February. The dip comes amid new tariffs from President Trump and ongoing Fed caution on interest rate cuts. Food prices, however, continued to rise—egg prices surged 60.4% year-over-year.

U.S. trade deficits and Trump’s new tariffs: which countries are getting hit the hardest?

Posted on Author Deena ZaidiPosted in China, Europe, Graphs, Japan, Markets, United States of America, World economy, World Economy, World trade

The U.S. reported major trade deficits in February 2025 with China, the EU, and Mexico—just as President Trump’s latest round of ‘reciprocal’ tariffs took effect. Here’s a breakdown of who’s facing the steepest penalties, and why some key allies like Canada and Mexico are exempt.

Chart: Who’s Hit by Trump’s ‘Discounted Reciprocal’ Tariffs?

Posted on Author Deena ZaidiPosted in World Economy

On Wednesday, April 2, or as President Trump calls it “Liberation Day”, America announced reciprocal tariffs by increasing US duties to match the tax rates charged by other countries on American imports. Here’s a list of countries facing reciprocal tariffs.

The world braces for Trump’s reciprocal tariffs on April 2 – “What they charge us, we charge them”

Posted on Author Deena ZaidiPosted in China, Japan, United States of America, World economy, World Economy, World trade

On April 2, dubbed “Liberation Day” by President Trump, the U.S. will impose new “reciprocal” tariffs on imports, escalating trade tensions with key partners.
While countries like China, Mexico, and Canada are already expected to be hit hardest, many European and Asian economies will likely see a huge impact, prompting global warnings of retaliation, trade wars and a global economic slowdown.