Trump's tariff bomb against the world

Trump's Tariff Bomb Grows Concerns Over Intensifying Memory Polarization

ICT chips (Photo courtesy of ETRI) The Trump administration announced a new wave of tariffs on April 10, imposing a 25% levy on steel and other items, with plans to extend these tariffs to semiconductors. This move is expected to first target ICT chips used in smartphones and PCs, potentially disrupting global supply chains and intensifying memory polarization concerns. As President Donald Trump continues to wield tariffs as an economic weapon, …

The EU and the governments of the Member States in which democratic and progressive forces play a significant role are called to play a leading role in this story.

Don’t give the villain your finger and he will take your hand. Popular Portuguese proverb 1. The US is imposing a shock on the world economy that has no parallel in the last forty years. This is a full-scale counter-offensive to defend Washington’s supremacy in the world market and state system. Anyone who underestimates it will be making an unforgivable mistake. The impact can only be compared to the “Nixon moment” in 1971, when Washington subv…