US Edition‘The end of an era.’ What next for global trade?
- President Donald Trump paused higher tariffs on multiple countries but maintained a baseline tariff of 10% on imports, while tariffs on Chinese imports were raised to 125% after retaliatory measures from China.
- Trump expressed optimism about reaching a trade deal with Xi Jinping, stating, 'We'll end up working out something that's very good for both countries.'
- Amid the uncertainty in trade relations, both U.S. And Chinese tariffs have grown significantly, with warnings of a contraction in global merchandise trade volumes this year, according to the WTO.
- Experts warn that ongoing trade tensions are causing uncertainty, negatively affecting businesses, and predicting a decline in global merchandise trade volumes this year.
39 Articles
39 Articles
Trump's Latest Trade War With China Is Sorely Needed
On Wednesday, President Donald Trump abruptly announced a 90-day pause on most of his planned country-specific "reciprocal" tariffs -- with the notable exception of the People's Republic of China. In so strikingly singling out China as the focus of America's economic and geopolitical ire, Trump was not merely clarifying that the United States views China and its regnant Communist Party as our leading 21st-century threat -- he was also taking yet…
Donald Trump is taking on China in Africa
Donald Trump has opened a new front in his trade war with China, deploying a family confidant to Kinshasa to challenge Beijing’s control of critical minerals. Almost unnoticed amid the tariff battles, Trump is working to reclaim the mineral supply chains that power the modern world – starting in the Democratic Republic of Congo at
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