In a fiery statement that has once again stirred global economic debate, US President Donald Trump described the BRICS alliance as an “attack” on the US dollar, asserting that his administration’s firm tariff threats caused several countries to back out of the group’s expansion plans. The BRICS bloc — comprising Brazil, Russia, India, China, South […]
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China’s trade landscape is showing contrasting signals — a sharp decline in exports to the United States but a promising surge in global shipments. According to customs data released Monday, China’s worldwide exports climbed 8.3% year-on-year in September, reaching USD 328.5 billion, surpassing economists’ expectations and marking the strongest performance in six months. This follows […]
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SEOUL – In a candid exchange with U.S. lawmakers, South Korean President Lee Jae Myung voiced deep concerns over the ripple effects that ongoing tariff negotiations with the United States are having on his country’s foreign exchange market. Speaking in New York on the sidelines of the United Nations General Assembly, President Lee emphasized that […]
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TOKYO – Japan’s exports to the United States slumped 13.8% in August compared to the same month last year, totaling 1.39 trillion yen (approximately $9.5 billion), according to preliminary data released by the Finance Ministry on Wednesday. This marks the fifth straight month of export declines, a trend largely driven by escalating tariffs that have […]
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BRASILIA, August 17 — In a powerful and deeply symbolic moment, Brazilian President Luiz Inácio Lula da Silva, while planting grapevines—one of the goods directly impacted by new U.S. tariffs—reached out to former U.S. President Donald Trump with a message of unity and understanding: “Come visit Brazil. Let’s talk.” This wasn’t just political posturing. It […]
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