Tariff Tantrums and Global Manufacturing: The Art of Economic Destruction
This week brought yet another pile of smoking evidence that President Donald Trump’s trade war is doing precisely what trade wars do best: sowing chaos,...
Tag: Asia
Trump’s Tariff Roulette: A High-Stakes Gamble with Global Trade
Donald Trump is at it again, threatening to impose sweeping 25% tariffs on automobile, semiconductor, and pharmaceutical imports, with a formal announcement as early as...
Russia and China strengthen their economic ties
Trade between Russia and China reached a record $240 billion in 2023. Russia’s eastern neighbour has become the supplier of everything from clothing to machinery...
Forex is the first line of defence in Asia against the rise of the dollar
Central banks in the region have over $5.5 trillion in foreign exchange reserves that they can deploy to support their currencies, according to TD Securities’...
The dollar weighs on Asian economies
Chinese and Japanese authorities are intensifying their efforts to defend their currencies against the rising dollar, threatening to exacerbate inflationary pressures. On Wednesday, Japan issued...
China’s Youth and its President: A Ticking Time Bomb?
The West still hasn’t understood the philosophy of the leader of the world’s second-largest economy. While the U.S. government was sending checks to consumers during...
India: A challenging year ahead
India’s booming economy has been the envy of many. But early signs of an economic slowdown have emerged beyond expectations. Any cooling, mainly if driven...
The return of strong growth in China is not necessarily good news
The Chinese economy has shown signs of a more robust rebound after lifting Covid restrictions. The manufacturing sector has revealed its most significant improvement over...
Asian central banks are rebuilding their reserves, betting on a further hike in U.S. rates
India is leading the charge among central banks in emerging Asian markets in rebuilding currency stocks. Since last October, the region’s countries have strengthened their...