Sen. Rand Paul from Kentucky has been quite vocal lately regarding President Donald Trump’s controversial tariff impositions. Appearing on ‘Kudlow,’ he shared his insights on the matter. Meanwhile, across the Pacific, China’s monetary wizards at the People’s Bank of China (PBOC) are in a bit of a stir. The central bank has, rather astutely, decided […]
Watch: [What is a tariff? The BBC’s Adam Fleming explains](https://www.bbc.com/news/uk-29976333) US President Donald Trump has introduced comprehensive tariffs on imports, sparking much conversation. While he advocates that a 10% levy on all nations and even steeper rates up to 50% on some, could invigorate the US economy and protect jobs, sceptics fear otherwise. They caution […]
Jim O’Neill, the distinguished former Chair of Chatham House and ex-Chief Economist at Goldman Sachs, recently expressed his profound apprehensions regarding the intensifying tariff strife between the globe’s economic powerhouses. He raised these issues during a conversation on Monday, spotlighting the dire consequences stemming from the trade hostilities provoked by sweeping tariffs under US President […]
A New Chapter in Global Trade Turmoil When Donald Trump made his announcements on 2 April in the White House Rose Garden, the world indeed trembled. These declarations marked a monumental shift in American economic foreign policy. The aftermath of these policies has sent shockwaves echoing across the globe. As a result, we are now […]
South Africa’s predicament over President Trump’s recently announced tariffs shines a spotlight on global trade dynamics, leaving Sub-Saharan African nations pondering their fate under the African Growth and Opportunity Act AGOA, which now seems to be cast into doubt. Ronald Lamola, the Foreign Minister, expressed his consternation, stating that the tariffs strike at the heart […]
The US dollar is one of the biggest losers of ‘Liberation Day’ The US dollar is experiencing a significant dip, as it slides against various rival currencies, leading the dollar index to hit its lowest point since October. Yet, the term ‘Liberation Day’ has, rather ironically, become synonymous with the dollar’s decline. Daniela Sabin Hathorn, […]
Entering the Golden Age: Trump’s Tariff Tactics In an ongoing saga resonating across the Atlantic, President Donald Trump is reaffirming his steadfast commitment to tariffs as an instrument for America’s looming economic renaissance. In a recent dispatch on TruthSocial, the former Commander-in-Chief paints a picture resonant with optimism: “This will be the Golden Age of […]
The rouble has experienced a bit of a wobble lately. Following recent geopolitical woes, it slid against the U.S. dollar. Interestingly, this downturn followed a flurry of activity from exporters, who had been converting currency with fervour to settle their tax obligations. In the over-the-counter market, by 0945 GMT, the rouble had slipped by 2.1%, […]
Last Updated: March 31, 2025, 14:14 IST The Liberation Day on April 2 would not only shake up global markets, but would affect Americans, who are struggling with high cost of living. Many of US allies think tariffs would be destructive for global economy It’s an understatement to say Donald Trump has stirred the pot […]
The Chinese Government has recently extended a warm invitation to the international business community, showcasing their keen interest in welcoming foreign investments. President Xi Jinping spoke at length about the integral role foreign enterprises play in China’s modernisation efforts and economic uptick. The meeting, held at the stately Great Hall in Beijing, saw attendance by […]
