Trade Wars: Increasing Tariffs Causes Only Self-Harm

The new US President Donald Trump has kept his election promise and launched a wave of substantial tariff increases. The impact of this step will be global, affecting close trading partners Canada and Mexico, as well as China and European Union countries, including Slovakia. History shows that trade wars ultimately harm all parties involved, analysts from the National Bank of Slovakia pointed out in a recent commentary. An uncertain fate The Eur…

Brexit: Was this Britain’s gravest episode of national self-harm?

Abdulai Mansaray: Sierra Leone Telegraph: 23 March 2025: On Friday, at 11:00 PM, 31 January 2020, Britain officially left the European Union (EU). It was a divorce that was not contested by either party and was settled on a no fault claim basis. Although the bride Britain had some legal issues to settle including its post nuptial relationship with the EU, it was obvious that amid all the associated risks and warnings, Boris Johnson’s bravado in …

Trade Wars: Increasing Tariffs Causes Only Self-Harm

As if increasing debt and falling demand for diamonds and revenue drawn from the sale of the stones were not enough for Botswana’s second republic, a trade war started by the USA is spreading to many countries and undermining economic recovery   DOUGLAS RASBASH Special Correspondent   This item aims to show that only bad…

The “brutal uncertainty” that the trade war waged by the President of the United States, Donald Trump, generates in countries such as Mexico can harm the revenues of Spanish companies in Latin America, if national economies suffer, even delaying their investments while the situation is being clarified, according to economist Juan Carlos Martínez Lázaro. The tariff conflict with Mexico, where the Spanish bank BBVA, for example, obtains more than …