The world braces for Trump’s reciprocal tariffs on April 2 – “What they charge us, we charge them”

The world braces for Trump’s reciprocal tariffs on April 2 – “What they charge us, we charge them”

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.

Inflation comparison: U.S., G20 and European Union

Inflation comparison: U.S., G20 and European Union

G20 comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the U.K. and the U.S., as well as the European Union, represented by the rotating council presidency and the European Central Bank. In June 2022, both U.S. and G20 inflation reached 9.1%, according…

U.K. has the highest inflation rate across G-7 Countries

U.K. has the highest inflation rate across G-7 Countries

Inflation is a key economic indicator that impacts consumers, businesses, and policymakers. Understanding inflation trends in G-7 countries provides a snapshot of the complex and interconnected global economic landscape. The G-7 consists of some of the world’s most advanced economies, including the U.S., Canada, Japan, Germany, France, the U.K. and Italy. Let’s delve into the…