Tag: trade war
US Dollar’s Tumultuous Start: Worst H1 Since 1973 Amidst Trade War
The US dollar has had a tumultuous start to 2025, recording its worst first half-year performance since 1973. A 10.8% decline against a basket...
California Sues Trump Over “Unlawful Tariffs,” Calling Them a Threat to Jobs and Economy
California Governor Gavin Newsom has announced a major legal move against former President Donald Trump, filing a lawsuit over what he calls “unlawful tariffs”...
Market Turmoil Deepens as Export Limits Shake Tech Giants Amid Trade War Uncertainty
U.S. stock markets tumbled on Wednesday as mounting concerns over new export restrictions and the escalating trade war under President Trump sent shock waves...
Oil on the Brink: Trade War Turmoil and OPEC Shock Send Prices Plummeting, Russia on Edge
Global oil markets are facing their most turbulent moment in years, as geopolitical tensions, trade war fallout, and unexpected supply shifts collide to drag...
Xi Warns of ‘No Winners’ as China Races to Beat Trump’s Tariffs in Trade War Surge
As tensions escalate between the world’s two largest economies, Chinese President Xi Jinping has issued a stark warning from Vietnam: "There are no winners...
Boomerang Economics: How U.S. Tariffs Are Hurting Allies Like Australia—and Itself
SYDNEY, April 13 (Xinhua) – U.S. tariff policies, much like the traditional Australian boomerang, are swinging back with unintended force—striking not just global trading...