Trade War

Trump’s Trade War: A Year of Economic Shock

02 Jun 2025

Since taking office on January 20, U.S. President Donald Trump has released a wave of tariff policies that have rocked the very foundations of international trade. His belligerent actions focused on addressing problems such as illegal immigration, fentanyl smuggling, and trade deficits—have sparked turmoil in financial markets and strained ties...

Bangladesh vs India: Can Dhaka Risk a Trade War? | TDG Explainer

17 Apr 2025

The recent global trade war between the United States and China has created a domino effect across regional trade relationships, and today, the tension between India and Bangladesh is boiling over. With the suspension of crucial shipping and land port facilities, the trade relationship between the neighboring nations seems to...

Stephen Miran Man Behind The Donald Trump’s tariff policies: Who Is He?

10 Apr 2025

As global markets brace for impact, the driving force behind Donald Trump’s escalating tariff strategy is emerging from the shadows—Harvard-trained economist Stephen Miran, who now helms the Council of Economic Advisers (CEA). Appointed by Trump on December 22, 2024, Miran has quickly risen as the leading voice defending the administration’s...

Higher Car Prices Ahead? Trump Slaps 25% Tariff On Auto Imports

27 Mar 2025

On Wednesday, former President Donald Trump announced a 25% tariff on auto imports, a move he claims will boost domestic manufacturing and generate $100 billion annually. Trump emphasized that the policy, set to take effect on April 3, is "permanent" and will eliminate what he calls a "ridiculous" supply chain...

Carney Open to Trump Talks if Canadian Sovereignty Respected

13 Mar 2025

Canadian Prime Minister-elect Mark Carney has stated that he is open to meeting US President Donald Trump but emphasized that Canadian sovereignty must be upheld. His remarks follow Trump’s recent decision to impose a 25% tariff on Canadian steel and aluminum imports, further escalating trade tensions. Speaking to reporters, Carney...

India’s High Tariffs on U.S. Goods: How Do U.S. Tariffs Compare | TDG Explainer

13 Mar 2025

The White House has raised concerns over India's high tariffs on U.S. goods, particularly a 150% tariff on American alcohol and a 100% tariff on agricultural products. White House Press Secretary Karoline Leavitt criticized these tariffs, emphasizing that President Donald Trump advocates for fair trade and reciprocity. Trump has accused...

Trump’s Bold ‘America Is Back’ Message Lights Up Congress After 43 Days

05 Mar 2025

In a rousing speech to a joint session of Congress, President Donald Trump declared “America is back” while detailing his administration’s aggressive trade policies, criticizing Democrats, and touting his unprecedented early accomplishments in office. Tariff Tactics and Trade War Escalation Trump opened his address by echoing a familiar phrase from...

China Sticks To 5% GDP Goal Despite Trade War And Economic Hurdles

05 Mar 2025

China has reaffirmed its economic growth target for 2025 at “around 5%,” despite looming trade tensions with the United States and several domestic economic hurdles. Premier Li Qiang unveiled the target during the opening session of the National People’s Congress, China’s annual legislative conference, signaling the government’s commitment to stabilize...

Mexico Strikes Back with Retaliatory Tariffs on US Imports

05 Mar 2025

Mexico City: In response to US President Donald Trump's imposition of 25% tariffs on Mexican imports, Mexican President Claudia Sheinbaum announced on Tuesday that her country would implement retaliatory tariffs. She condemned the move, calling it unjustified and harmful to both national and foreign businesses operating in Mexico. Mexico Rejects...

Canada Hits Back with 25% Tariffs on US Imports

05 Mar 2025

Canadian Prime Minister Justin Trudeau announced on Tuesday that Canada is imposing a 25% tariff on $30 billion worth of U.S. imports, effective immediately. This decision follows U.S. President Donald Trump's move to impose 25% tariffs on imports from Canada and Mexico earlier the same day. Trade Tensions Escalate The...

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