Trump’s protectionist trade policies, aimed at shielding U.S. industries, have unexpectedly paved the way for China to expand its global market share-while American businesses struggle with soaring costs and restricted access
Browsing: economic policy
Russia is preparing to tap into its National Wealth Fund at a breakneck pace as oil and gas revenues plunge dramatically. This daring strategy aims to stabilize the economy amid falling energy prices and escalating sanctions, The Moscow Times reveals
China and Canada have struck a groundbreaking deal to reduce tariffs following intense negotiations, signaling a hopeful thaw in their trade relations. Officials believe this bold move will deepen economic cooperation between the two countries and inject much-needed stability into global markets
Italy is facing a critical demographic crisis and an alarming brain drain, threatening the nation’s economic future, warns Bank of Italy Governor Ignazio Visco. With an aging population and a continuous outflow of young talent, the country risks slowing growth and losing its edge in innovation, he cautioned
Cambodia is boldly broadening its economic partnerships to reduce dependence on China amid escalating US-China trade tensions. This dynamic move aims to attract diverse foreign investments and strengthen the nation’s trade resilience like never before
Japan has enthusiastically embraced its new prime minister, inspired by his hands-on leadership and daring commitments to rejuvenate the economy. His fresh vision ignites a wave of optimism, shattering years of political fatigue and economic challenges, and rekindling the public’s trust
China and Canada are ready to breathe new life into their trade partnership after challenges posed by US tariffs. Both nations are committed to strengthening ties and exploring exciting new economic opportunities in today’s fast-evolving global trade arena
Paul Krugman raises a urgent warning in his latest Substack post, revealing how Trump’s policies are steering the U.S. toward a Venezuelan-style political and economic disaster-marked by intense polarization, reckless economic decisions, and a troubling collapse of democratic principles
President Trump’s move to impose tariffs amid escalating tensions with Iran threatens to derail the ongoing U.S.-China trade talks, injecting uncertainty into the future of a crucial economic agreement, CNBC reports
Argentina has boldly settled its latest debt installment, easing investor worries and highlighting a powerful comeback in financial resilience. This achievement marks a crucial step forward in the nation’s quest to restore economic confidence and stability
Italy and Pirelli are teaming up to take back control of the tyre maker by cutting ties with Chinese investors, fueled by escalating geopolitical tensions. This daring strategy underscores mounting concerns over foreign influence in vital strategic sectors
US Treasury Secretary confirms Argentina has fully repaid its US credit line, marking a major victory for President Milei. This repayment showcases Argentina’s strengthening fiscal discipline and cements its growing partnership with Washington
Russian President Vladimir Putin has called for increased taxes as the nation grapples with a steep economic slowdown, highlighting the growing challenges of sustaining the country’s wartime economy amid intense pressure
Argentina has launched exciting new foreign exchange bands along with a refreshed reserves policy, aiming to steady its currency and ignite investor confidence. This bold move directly confronts market volatility amid ongoing economic challenges
The proposed 107% tariffs on Italian pasta have been dropped, delivering a huge win for trade relations and your dinner table alike. This decision spares producers and consumers from sharp price hikes, ensuring your favorite pasta remains deliciously affordable
China recently cut key trade ties with Japan, igniting a new surge of economic tension. NPR’s Planet Money takes you inside the story, exploring the geopolitical forces and strategic trade maneuvers that are transforming their relationship
Argentina is gearing up to significantly increase its foreign currency reserves, currently held at US$251 billion in so-called “mattress dollars.” This bold move aims to stabilize the economy amid soaring inflation and volatile currency swings, reports Malay Mail
The US has just lifted the tariffs on Italian pasta that were imposed during Donald Trump’s administration, easing trade tensions and unlocking exciting new opportunities for Italian exporters, the Financial Times reports
India is boldly broadening its trade partnerships to counter the impact of the US president’s steep 50% import tariff. Officials reveal that early signs point to this strategy sparking exciting economic growth
In his latest opinion piece for The Wall Street Journal, the author uncovers how China’s ambitions extend well beyond trade, aiming to reshape the global balance of power and broaden its geopolitical influence