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Tag: world trade

Consumers Pay Tariffs

Donald Trump believes tariffs could offset taxes, but tariffs will be a tax in itself to the American consumer. Trump is proposing to raise taxes from 60% to 100%...

What Makes the Dollar the World’s Reserve Currency?

Throughout history there has always been a dominant currency. As each empire became the new financial capital of the world, their currency became the most prized...

Made in Taiwan Concerns

Semiconductor chips were the main topic at an adjacent conference in the Hilton Bonnet Creek this week. An employee of mine spoke with one attendee who said...

Trade Between the EU and Russia Plunges to 24-Year Low

  Sanctions and a mysteriously erupted underwater gas pipeline have led to a dramatic decrease in trade between the European Union and Russia. In June, trade...

Made in Mexico

US manufacturing is in trouble as companies move offshore to avoid taxation, high wages, and asinine green legislation. John Deere, an American branded company,...

Did the US Try to Trick China into Invading Taiwan?

Chinese President Xi Jinping believes that that the United States made an attempt to provoke him into invading Taiwan. Xi is attempting to explain to the world that...

India Angers China with Neutrality on Taiwan

India has made an attempt to remain neutral throughout this massive world conflict. They are in BRICS, conduct business with the West, and abstained from voting for...

US Implements High Tariffs on Chinese Goods

Worsening relations with China, the United States just hit China with a new wave of extremely high tariffs. Around $18 billion worth of Chinese goods will be...

China Dethroned as Germany’s Largest Trading Partner

The United States has surpassed China to become Germany’s largest trading partner. Trade between the US and Germany came in at $68 billion (63 billion euros)...

Russia Set to Outpace All Advanced Economies – Sanctions FAILED

Sanctions and the removal of Russia from SWIFT have not deterred the Russian economy. A recent report by the International Monetary Fund (IMF) predicts that...