Former U.S. President Donald Trump has ramped up tensions with Brazil by threatening a staggering 50% tariff, further fueling the trade and diplomatic storm sparked by the trial of former Brazilian President Jair Bolsonaro
Browsing: economic policy
Carney’s “Build, Baby, Build” infrastructure plan is fueling intense backlash from Indigenous communities. Opponents argue it threatens sacred lands and proceeds without proper consultation, raising urgent cultural and environmental concerns
Former President Trump has launched bold, reciprocal tariffs on imports from Japan, South Korea, and other key trading partners, aiming to tackle trade imbalances head-on and ignite a powerful comeback for U.S. manufacturing amid persistent global supply chain challenges
Argentina’s Economy Minister Javier Milei boldly urges Mercosur to accelerate trade openness, declaring, “Argentina will move forward, whether accompanied or alone.” He stresses the urgent need for rapid integration to spark the nation’s economic growth and boost its competitive edge
Japan navigates economic uncertainty as US tariffs climb under Trump, expertly balancing the looming threat of recession with savvy trade strategies. The government is resolute in protecting exports while avoiding a deeper market crisis
As the July 4 deadline looms, India stakes out firm red lines in the India-US interim trade deal talks, emphasizing its key demands. New Delhi sends a clear message: the ball is now in Washington’s court, Mint reports
Anti-Milei sentiment is rapidly intensifying among Argentina’s elites, as business leaders and political figures express growing concern over the libertarian economist’s soaring influence and bold, provocative rhetoric ahead of the upcoming elections
Canada has stepped back from its digital services tax after President Trump put U.S. trade talks on hold, aiming to ease tensions and protect the crucial trade partnership between the two nations amid escalating economic disputes, CNBC reports
China has fiercely condemned former President Donald Trump’s recent trade deal with Vietnam, warning that it endangers regional stability and undermines long-standing economic partnerships, the Financial Times reports
U.S.-Japan tariff talks have hit a roadblock over key automotive and rice trade disputes. The two countries remain locked in a standoff, with the U.S. pushing for increased auto exports while Japan stands firm on safeguarding its rice industry
Japan has firmly invoked its national interest amid the intense tariff negotiations with the US, signaling a determined stance as talks face major hurdles. Both countries are working hard to find common ground and ease escalating trade tensions, Reuters reports
India is embarking on a bold mission to break China’s dominance in rare earth magnets. By aggressively boosting domestic production and strengthening supply chains, the government aims to reduce reliance and supercharge its technology and defense sectors
Brazil’s government is fiercely resisting Congress’ attempt to reverse a recent tax hike, intensifying political tensions. This showdown highlights the growing battle over fiscal policy as leaders work tirelessly to stabilize the economy, Reuters reports
China is accelerating its drive to transform the renminbi into a global powerhouse, expanding its influence across international trade and finance. This ambitious move aims to challenge the dominance of the US dollar and boost China’s economic impact worldwide
Argentina’s inflation rate has impressively dropped to 1.5% under Javier Milei’s dynamic leadership, signaling a remarkable economic turnaround. Bold reforms and strict fiscal discipline have been crucial in restoring stability to the nation’s economy
Italy’s far-right government is taking a daring step by welcoming 500,000 foreign workers to address the growing labor shortage. This landmark move marks a significant turning point as the nation confronts economic challenges and an expanding workforce gap
Italy is gearing up to classify the €13.5 billion Sicily bridge project as defense spending-a strategic move aimed at boosting its contribution toward NATO’s 2% GDP target. This bold step highlights Italy’s dedication to strengthening its military investment and fulfilling its alliance commitments with renewed vigor
Argentina’s economy has skyrocketed beyond all expectations after Economy Minister Milei unleashed bold new policies by rolling back government controls. According to Bloomberg, this unexpected surge signals an exciting turning point in the nation’s economic story
The Global Trade Research Initiative (GTRI) has issued a powerful warning to India: resist opening your farm sector to US imports under the proposed Free Trade Agreement. They caution that this step could endanger the livelihoods of local farmers and pose a grave threat to domestic agriculture
Former President Donald Trump has announced he is “terminating” all trade talks with Canada, escalating tensions between the two neighboring countries, Politico reports. This striking decision signals a dramatic shift in U.S.-Canada trade relations