China’s US Exports Plunge as Global Shipments Reach a Six-Month High

China’s US Exports Plunge as Global Shipments Reach a Six-Month High

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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Trump Announces Sweeping New Tariffs on Drugs, Furniture, and Trucks: What It Means for Americans

Trump Announces Sweeping New Tariffs on Drugs, Furniture, and Trucks: What It Means for Americans

WASHINGTON — In a bold move that’s sure to ripple through the economy, former President Donald Trump has announced a new wave of tariffs targeting everyday goods and critical industries — from medicines and furniture to kitchen cabinets and trucks. Starting October 1, Trump says he will implement 100% tariffs on pharmaceutical drugs, 50% on […]

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Trump’s 'Reciprocal' Tariffs Take Effect August 7: A Bold Gamble with Uncertain Rewards

Trump’s ‘Reciprocal’ Tariffs Take Effect August 7: A Bold Gamble with Uncertain Rewards

In a bold and controversial move, President Donald Trump has ordered the reimposition of sweeping tariffs on dozens of U.S. trading partners. The decision, which marks a major escalation in his “America First” trade agenda, will officially take effect on August 7—giving the global markets just one week to brace for impact. Unlike previous trade […]

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