Tag: International trade relations

Asia’s once-dominant business center, Hong Kong, is making a comeback after losing ground to Shanghai, Singapore, and New York. As Donald Trump's tariff tantrum wreaked havoc on shareholder value, American CEOs were left in...

KPMG US chief economist Diane Swonk, who be talkin' to NPR's Leila Fadel, chats about President Trump's trade policies and whether the U.S. has benefited or not from dem. Swonk be droppin' some knowledge...

BMW, the renowned German automaker, is bracing itself for a substantial financial hit amidst the escalating tariff war. The company is projecting a staggering €1 billion loss, prompting concerns within the automotive industry and...

Automakers Granted One-Month Tariff Exemption Amidst Uncertain Times The White House recently made an announcement that has the automotive industry buzzing - a one-month exemption for North American automakers from tariffs. This unexpected twist comes...

Trade deficits are a common topic of discussion in economic circles, often sparking debates about their implications for a country's economy. Many people view trade deficits negatively, believing that they signify a country is...

Global Steel Industry Struggles with Chinese OvercapacityIn a world where steel production is a key indicator of economic strength and industrial prowess, China stands out as a dominant force. The sheer magnitude of China's...