The nation's primary monetary institution has enacted another interest rate decrease, marking the fifth such reduction in the current year and bringing the baseline rate to 4%. This latest cut of 0.25 percentage points occurs against a backdrop of...
President Donald Trump has announced a new 25% reciprocal tariff on Indian goods, a measure set to take effect on August 1. This decision also includes an unspecified penalty for purchases from Russia. Trump’s justification for the tariffs on...
For one month, a staggering 145% tariff on Chinese imports disrupted the delicate balance of global trade. Though temporary, its impact was permanent for many—proof that international commerce isn’t something you can pause and restart without consequences.
The ripple effects...
In a surprising policy shift, the U.S. administration has indicated a potential 80% reduction in tariffs on Chinese goods ahead of critical trade negotiations scheduled for the weekend. The current tariff rate—peaking at 145%—has acted as a near-total blockade...