Meloni in Washington: agreement with Trump on tariffs, NATO, and energy cooperation
Meloni in Washington: agreement with Trump on tariffs, NATO, and energy cooperation Italian Prime Minister Giorgia Meloni was welcomed today at the White House by U.S. President Donald Trump, in what marked the first official meeting between the Republican leader and a European head of government since the announcement—and subsequent suspension—of 20% tariffs on European […]
Australia under pressure, tariffs spark diplomatic rift between allies
Australia under pressure, tariffs spark diplomatic rift between allies Canberra, 14 April 2025 – The Australian government has responded strongly to the US administration’s decision to impose new tariffs on imports, targeting steel, aluminium, and agricultural goods. The measures, announced on 2 April, hit one of Australia’s most strategic exports: beef. Prime Minister Anthony Albanese, […]
Inside China’s gadget hub defying the tariff war
While Donald Trump’s trade war sends tremors through global markets, in Yiwu — the eastern Chinese city famed for mass-producing everything from Halloween decorations to red Make America Great Again hats — exporters are reacting with calm defiance rather than panic. With fresh tariffs from Washington now reaching 125%, more than double the peak levels […]
Global Markets in Turmoil. The Impact of New US-China Tariffs on the World Economy
Global Markets in Turmoil. The Impact of New US-China Tariffs on the World Economy On April 9, 2025, the United States and China escalated their trade conflict with a dramatic exchange of tariff increases. The Biden administration imposed a 104% tariff on a broad range of Chinese imports, citing long-standing concerns over intellectual property violations […]