Data and Financial Journalist
On April 2, dubbed “Liberation Day” by President Trump, the U.S. will impose new “reciprocal” tariffs on imports, escalating trade tensions with key partners.
While countries like China, Mexico, and Canada are already expected to be hit hardest, many European and Asian economies will likely see a huge impact, prompting global warnings of retaliation, trade wars and a global economic slowdown.
As China retaliates with a 15% tariff on U.S. coal, India remains the top buyer, highlighting shifting global trade dynamics amid ongoing U.S.-China tensions.
Trump’s second presidency has come with a series of executive actions—most with the focus to make the country more self-reliant, reducing dependence on foreign economies. I delve into the data to uncover how these tariffs might impact the U.S.
In his second presidency, Trump has repeatedly mentioned taking Greenland from Denmark and retaking the Panama Canal.Together, these trade routes underscore the complexities of international cooperation, climate change, and economic interests shaping the future of global commerce. I take a deep dive into the what’s behind these trade routes and why countries like the U.S., China and Russia are interested in them.