The US dollar (USD) has been the world’s main reserve currency for over 50 years, controlling international trade, commodity prices, and foreign exchange reserves. It provides stability, worldwide liquidity, and confidence in global finance. However,...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic imbalances and tight capital controls will keep the currency from truly...
The EU’s industry chief says the bloc plans to raise tariffs on foreign steel in a bid to counter cheap Chinese imports. Nearly 100,000 jobs have been lost in the European steel sector in the...
Donald Trump is tightening sanctions loopholes that fund Moscow’s war machine. What does a crackdown on Russia’s oil trade mean for global markets — and economic heavyweights like China and India? India and China have pushed back against US...
The US president vowed higher tariffs on BRICS nations that align with the bloc’s plans to challenge US hegemony. Despite the China-backed initiative making limited progress, dozens of nations are still eager to join. US...
The US wants to crack down on Chinese goods in disguise — and Southeast Asian countries are caught in the crossfire. Earlier this month, Washington announced a new US–Vietnam trade deal, under which Vietnamese exports to...
The summit was moved from Brussels to Beijing, then reduced to one day from two. As the European Union struggles to curb China’s unfair trade practices, are tougher tactics needed to cut the €400 billion...
China’s grip on rare earths — vital for smartphones, EVs and military tech — has left the US, Europe and India vulnerable. Until global supplies increase, Beijing wields great power over the West’s critical industries....
The US president has announced a rare earth supply deal with China, signaling a step forward in trade talks. The agreement also includes provisions for Chinese students in the US. US President Donald Trump on Wednesday announced...
Taiwan’s president, Lai Ching-te, says his country wants dialogue with China but still needs to prepare for war. Lai, who is marking a year in power, rejects Beijing’s claim of sovereignty over the self-ruled island....
The US president has ordered a review of US-funded international organizations, which he claims unfairly benefit other nations. As the IMF and World Bank hold their Spring summits this week, are their futures secure? The International...
The dramatic price action in throughout the capital markets after last week’s US tariff announcements, China’s retaliation, and yesterday’s US threat of another 50% tariff on China has calmed today, in a nervous way. Indeed,...