Tariff War: Americans Bear the Brunt, Expert Warns
Professor Scott Lucas warns that in President Trump’s tariff war, Americans—importers, manufacturers, consumers and farmers—end up paying the price.
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Professor Scott Lucas warns that in President Trump’s tariff war, Americans—importers, manufacturers, consumers and farmers—end up paying the price.
As the U.S. ramps up steep tariffs—from 50% in Brazil to 19% in Pakistan—Global South economies brace for currency shocks, debt risks and explore new trade paths.
Economist Sergi Basco warns the EU’s new US tariff deal offers minimal gains – Germany faces steep losses, Spain’s auto sector feels the pinch as member states prepare to vote.
The Chinese mainland’s tax and fee revenue is set to exceed 155 trillion yuan during the 14th Five-Year Plan, with tax cuts totaling 10.5 trillion yuan to boost growth.
UBS economist Zhang Ning highlights the Chinese mainland’s strong H1 growth driven by exports and retail policies, with more stimulus expected in H2.
Join us live to explore the Chinese mainland’s first-half 2025 economic performance—GDP, trade, consumer and industrial trends, with expert insights on what comes next.
Global trade rose by $300B in H1 2025, driven by services and price hikes, but policy instability and geopolitical risks cloud the outlook.
Japan’s Prime Minister Shigeru Ishiba vows not to easily compromise in talks with Washington as the July 9 deadline looms on U.S. tariffs.
Mercosur presidents met in Buenos Aires on July 3 to map the bloc’s future direction and strengthen efforts to expand free trade agreements.
CGTN’s The Tariff Boomerang II uncovers how U.S. global tariffs boomeranged back, rattling markets as the 90-day pause nears its end.