US Trade Wars and Military Globalization Spark Complex Alignments
- President Trump's tariffs are expected to escalate trade tensions, impacting investment and market prices, according to experts.
- China and other major economies plan to counter Trump's tariffs through coordinated responses.
- US military spending reached $916 billion in 2023, maintaining the US as the largest military spender worldwide.
- Experts warn that the current trade war and military spending are creating a dangerous moment in global relations.
6 Articles
6 Articles


US Trade Wars and Military Globalization Spark Complex Alignments
President Trump’s new round of reciprocal and universal tariffs will escalate trade tensions, lower investment, hit market pricing, distort trade flows, disrupt supply chains, and undermine consumer, business and investor confidence. It will certainly penalize global economic prospects. As fears of a recession mount and mass protests in the US have begun, the loss of … Continue reading "US Trade Wars and Military Globalization Spark Complex Alig…
Is globalization at a crossroads? Nationalism and protectionism threaten trade recovery
Globalization has long been regarded as an unstoppable wave in the world of international trade and cooperation, promoting economic growth and cultural exchanges all over the world. However, in recent years, several obstacles have emerged that threaten to undercut decades of development. According to a Statista report, the revival of nationalism and the protectionist measures are some of the factors altering the global trading landscape, prompti…
Trade Wars and China's role in Global Stability
US President Donald Trump has shaken the world with a bizarre string of tariffs on China. It has injected a lot of anxiety and uncertainty across the globe. Can China, its the neighbours as well as the extended neighbourhood join hands to tide over the turbulence caused by a strident Tump policy? Does China possess the capacity to act as anchor of multilateralism through its Belt and Road Initiative (BRI)? Economist Javed Hassan offers his take …
George Magnus: Nobody Can Win This Trade War
George Magnus, the former chief economist of UBS Investment Bank and author of the book «Red Flags», talks about the trade war between the US and China, the Trump administration’s approach and the question of what a more stable global economic system could look like.
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