Tag: Global Trade

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Bank Governor: Open Economy UK More Affected by Global Trade Picture

Andrew Bailey, the Bank of England governor, has emphasized that the UK's nature as a highly open economy means it is "more affected by...

A Month at 145%: How One Tariff Shook Global Trade and Lives

For one month, a staggering 145% tariff on Chinese imports disrupted the delicate balance of global trade. Though temporary, its impact was permanent for...

WTO Sounds Alarm: Trump Tariffs Threaten to Reverse Global Trade Growth

The World Trade Organization (WTO) has issued a stark warning that former U.S. President Donald Trump's sweeping tariffs could reverse global trade progress and...