International trade
The Turkish Central Bank made a unanimous decision to maintain its benchmark policy rate at 46%, aligning with market expectations. This move comes after the bank noted that the underlying trend of inflation declined in May, and leading indicators suggest the decline will continue in June. The bank is closely
Tariffs
As the US-China trade war intensifies, a recent email exchange between the Port of Los Angeles CEO Gene Seroka and Chinese Consul General's wife Wang Wei has shed light on the behind-the-scenes Chinese lobbying efforts directed at state and local authorities in the US. The emails, obtained through
Tariffs
President Xi Jinping expressed China's willingness to implement zero tariffs on 100% of tariff items for 53 African countries through economic partnership agreements, aiming to promote economic globalization in a more inclusive direction. This move is a concrete action to implement the spirit of the Third Plenary Session
Tariffs
Charge d'Affaires Zhang Wei of the Chinese Mission to the African Union published an article in The Reporter, highlighting the positive developments in China-Africa relations. China's new investment in Africa has exceeded RMB 13.3 billion, with the total amount of financial support to Africa exceeding
International trade
China, as the world's second-largest importer of goods and services, takes a strategic position in the global economy, making it an essential trading partner for both Madagascar and Africa as a whole. The country's support for African trade infrastructure, such as industrial zones, economic corridors, and
International trade
African countries may face a moment of transition as the African Growth and Opportunity Act (Agoa) nears its expiration in September, and a preferential trade deal with China is announced, eliminating tariffs on 98 percent of taxable products originating from 53 African nations. This development could force African governments to
Tariffs
Thailand's economic growth is set to be modest in 2025, with a projected 1.8% growth rate according to TRIS Rating. The ratings agency has highlighted the potential impact of U.S. import tariffs on the country's fragile economy. Public sector investment is expected to be
International trade
As the world grapples with rising protectionism and volatile global trade, the US has become a key player in shaping the global trade landscape through its tariff policy. The impact of tariffs on inflation, inflation persistence, and inflation expectations in the US has been a subject of discussion among economists
Tariffs
As Canada's agriculture sector reeled from the sudden imposition of tariffs by the Trump administration in the United States, scholars from the Common Ground Network sounded the alarm on the devastating impact of trade tensions on Canadian agriculture and food systems. With agricultural products accounting for a mere
Tariffs
As President Javier Milei's free-market reforms gain momentum, Tierra del Fuego, a remote province in Argentina, is facing an uncertain future. The special economic regime that has shielded the local industry for decades is being dismantled, threatening the livelihoods of thousands of workers. The province's left-leaning
Tariffs
As South Africa's automotive industry continues to ride the wave of strong domestic demand, it faces an impending crisis due to faltering exports and rising global tariff tensions. Local car sales surged 22% year-on-year in May, but exports dropped 14.6%, with passenger vehicle exports plummeting by nearly
International trade
A recent study by researchers from the University of Illinois has found a significant correlation between rising trade protectionism, an indicator of economic deglobalization, and changes in key communication and social variables from 2009 to 2023. The study, titled "Deglobalization Trends and Communication Variables: A Multifaceted Analysis from 2009
