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Tag: world trade

Japan, China, and South Korea Strengthen Ties Amid US Tariffs

Tariff concerns have heightened to such an extreme level that China and Japan are discussing deepening ties. Donald Trump may be awarded a Nobel Peace Prize for...

American CFOs Believe Tariffs Will Cause Recession – Confidence is Dying

American businesses are losing confidence in the US economy under Trump due to the tariff wars. CNBC’s CFO Council quarterly survey for Q1 2025 learned that...

Transitory Tariff Inflation?

Fed Chair Jerome Powell said he expects inflation to be “transitory,” a word reminiscent of America’s situation three years ago when the Fed repeatedly urged...

China Implements 15% Tariff on US Coal

China is hitting back with 15% tariffs on US coal. America sent 11.6 million tons of coal to China, with 6.46% of all US coal imports flowing into China. Climate...

Panama Aligns with the US Against China – Panama Exits BRI

Panama was presented with an ultimatum to control foreign Chinese influence in the Panama canal or face retaliatory measures. While retaliatory measures were not...

Could the US Drop Canada as a Trade Partner? Trump Threatens FREE Trade

Donald Trump is prepared to drop Canada as a trade partner based on his recent comments in Davos at the World Economic Forum. “We don’t need them to make our...

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...