Tag: Global trade
10% Baseline Tariff Predicted to Remain Long-Term
U.S. President Donald Trump was seen holding a chart next to U.S. Secretary of Commerce Howard Lutnick as he gave a speech on tariffs in the Rose Garden at the White House in Washington,...
Challenges of Trump’s Call for Auto Production Shift to U.S.
Ford Motor Company's electric F-150 Lightning is in production at the Rouge Electric Vehicle Center in Dearborn, Michigan, on Sept. 8, 2022. Jeff Kowalsky | AFP | Getty ImagesDETROIT – When President Donald Trump...
Trump Unveils Reciprocal Tariff Plan with More Changes Ahead
President Donald Trump unveiled his ambitious plan to implement reciprocal tariffs on foreign nations during a press event in the Oval Office at the White House on February 13, 2025. Joined by Secretary of...
Ken Griffin Criticizes Trump’s Trade Rhetoric for Eroding Trust
Ken Griffin, the renowned founder and CEO of Citadel, recently took center stage at The New York Times' annual DealBook Summit in New York City on December 4, 2024. During his address, Griffin delivered...
Trump Administration Imposes Tariffs on Canada, Mexico, and China Starting Saturday
President Donald Trump has taken a bold step in his administration's trade policy, announcing the imposition of tariffs on Canada, Mexico, and China starting this Saturday. The decision, shrouded in intense speculation, was finally...
Trump trade memorandum delays implementation of new tariffs on first day
President-elect Donald Trump has made a noteworthy decision to delay the implementation of new tariffs on his first day in office. This move comes as a surprise to many, considering his strong stance on...
Canada: America’s NAFTA Rival
America and Canada share a significant trade relationship. President Donald Trump recently met with Canada's Prime Minister Justin Trudeau for the first time. During a news conference, Trump praised the trade relationship between the...
Could ‘America First’ Lead to ‘India First’ in Global Trade Dynamics?
Nandan Nilekani, the billionaire co-founder of Infosys Technologies, believes that the U.S. should continue to welcome talented immigrants in order to remain globally competitive. Infosys is a major recipient of U.S. H-1B visas, allowing...
Understanding the Surge in Ocean Freight Container Shipping Rates
Ocean freight container spot rates have seen a significant increase on major trade routes since the beginning of May, leading to speculation that the peak season has arrived earlier than expected in 2024. The...
China’s Yiwu sees surges in orders as Paris 2024 approaches
China's Yiwu Experiences Increase in Orders as Paris 2024 ApproachesIn anticipation of the upcoming Paris 2024 Olympics, China's Yiwu city has seen a significant surge in orders for various products. The city, known for...