Global Affairs
Economy
Domestic Affairs
Trump’s Escalation in the U.S.-China Trade War: Implications of 104% Tariffs and Beijing’s Retaliatory Measures
Introduction On April 9, 2025, President Donald Trump implemented sweeping new tariffs on Chinese imports, raising duties to an unprecedented 104%. This escalation marks a critical juncture in the ongoing U.S.-China trade war, which has already destabilized global markets and strained bilateral relations. In response, China announced retaliatory
Domestic Affairs
Elon Musk and Peter Navarro’s Feud Escalates Over Tariffs: A Clash of Ideologies and Personal Insults
The ongoing feud between Tesla CEO Elon Musk and White House trade adviser Peter Navarro has intensified, fueled by disagreements over President Donald Trump’s sweeping tariff policies. The public spat, which has played out on social media and television interviews, has grown increasingly bitter, with Musk calling Navarro “dumber
Domestic Affairs
Stock Market Rebounds Amid Optimism Over Tariff Negotiations: A Temporary Respite?
On Tuesday, April 8, 2025, U.S. stock markets staged a sharp rebound following a three-day sell-off that had erased trillions of dollars in market value. The recovery was fueled by investor optimism over potential tariff negotiations between the Trump administration and several key trading partners, including Japan and South
Global Affairs
Japan’s Response to U.S. Tariffs: Navigating Economic and Diplomatic Challenges
On April 7, 2025, Japanese Prime Minister Shigeru Ishiba reiterated his government’s commitment to addressing the economic fallout from U.S. President Donald Trump’s recently imposed tariffs on Japanese automobile imports. The 25% tariff on vehicles, coupled with an additional 24% tariff on other Japanese goods, has sent
Domestic Affairs
Trump Administration Reports Over 50 Countries Seeking Tariff Talks: A Global Trade Reset in Motion
On Sunday, April 6, 2025, top officials in the Trump administration revealed that more than 50 countries have reached out to the White House to initiate negotiations over President Donald Trump’s sweeping tariffs. The announcement comes just days before the next phase of the tariffs—set to take effect
Domestic Affairs
Trump Defends Tariffs Amid Market Volatility: A Deepening Trade Conflict
On Sunday, April 6, 2025, President Donald Trump doubled down on his sweeping tariff strategy during remarks aboard Air Force One, describing the import taxes as "medicine" necessary to fix global trade imbalances. Despite mounting concerns over a potential global recession, sharp declines in financial markets, and growing
Global Affairs
Europe’s Strategic Pivot: Building Partnerships in Central Asia Amid U.S. Tariffs
On April 4, 2025, the European Union concluded its inaugural summit with the five Central Asian nations—Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan—in Samarkand, Uzbekistan. This historic meeting marked a new chapter in EU-Central Asia relations as Brussels seeks to secure critical raw materials essential for its green and
Domestic Affairs
Federal Reserve Chair Jerome Powell Warns of Inflation Risks from Trump Tariffs: Economic Implications and Policy Challenges
On Friday, April 4, 2025, Federal Reserve Chair Jerome Powell issued a stark warning about the inflationary pressures likely to result from President Donald Trump’s sweeping new tariffs. Speaking at an event in Arlington, Virginia, Powell highlighted the challenges posed by elevated import costs, which could lead to prolonged
Domestic Affairs
March Jobs Report Exceeds Expectations Amid Trade Turmoil: A Snapshot of a Resilient Labor Market
On Friday, April 4, 2025, the U.S. Department of Labor released its March jobs report, revealing that the economy added 228,000 jobs last month, far surpassing analysts’ expectations of 140,000. The unemployment rate ticked up slightly to 4.2%, driven by an increase in labor force participation
Domestic Affairs
China Retaliates Against Trump Tariffs with Matching Levies and Sanctions: Escalation in Trade War
On Friday, April 4, 2025, China announced a sweeping set of retaliatory measures in response to President Donald Trump’s latest tariffs on Chinese imports. Beijing’s actions include a universal 34% tariff on all U.S. goods beginning April 10, export restrictions on rare earth elements critical to high-tech
Global Affairs
Canada Imposes Retaliatory Tariffs on U.S. Autos: A Deepening Trade War
On April 3, 2025, Canadian Prime Minister Mark Carney announced the imposition of 25% retaliatory tariffs on vehicles imported from the United States, mirroring the auto tariffs enacted by U.S. President Donald Trump earlier in the day. The move marks a significant escalation in trade tensions between the two