President Donald Trump imposed the steepest American tariffs in a century as he steps up his…
Tag: global economy
The global economy refers to the interconnected system of economic activities, trade, and financial flows across nations, driven by cross-border transactions and international markets.
Trump’s Reciprocal Tariffs: A Potential “Absolute Nightmare” for US Ports?
President Trump’s potential rollout of reciprocal tariffs next week is raising concerns about chaos at US…
China Pushes Back: Walmart’s Tariff Pressure on Suppliers Risks Price Hikes for US Shoppers
Excerpt: As Trump’s tariffs squeeze US retailers, China is resisting Walmart’s attempt to force its suppliers to…
No Winners in a Trade War: BMW CEO Warns of Global Economic Fallout
NoWinnersinaTradeWarBMWCEOWarn_1 BMW CEO Oliver Zipse warns that trade wars harm all sides, disrupting supply chains and…