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Trade War Series

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As former U.S. President Donald Trump pushes forward with aggressive tariff policies, global markets brace for impact. The Trade War Series by EconoTimes dives deep into the economic, political, and financial consequences of these trade maneuvers. From rising tensions with China and the European Union to the shifting landscape for American businesses and consumers, we analyze how these tariffs are reshaping international trade dynamics. Through expert insights, exclusive interviews, and in-depth analysis, this series will unpack the winners, the losers, and the broader economic implications of this evolving trade conflict. Stay tuned as we navigate the uncertainties of a new era in global trade.

Trade War Series

South Korea Seeks U.S. Tariff Exemption Amid Trade Concerns

Feb 21, 2025 08:01 am UTC| Politics Economy

South Korean officials have urged the U.S. to exempt them from steel and aluminum tariffs during a visit to Washington this week, the industry ministry said Friday. Deputy Minister Park Jong-won led the delegation,...

Trade War Series

Chart of the Day: Czech peg break

Apr 04, 2017 15:53 pm UTC| Commentary Central Banks

The volatility curveof the Czech Koruna is suggesting that the market is pricing the much-anticipated peg withdraw by the Czech central bank within the next 2 months. The central bank hasnt given out any specific date...

Trade War Series

Sniffing a Peg-break Series: Violent moves unlikely in EUR/CZK

Jan 26, 2017 08:39 am UTC| Commentary Central Banks

Czech National Bank (CNB) confirmed earlier this month that the central bank would abandon its almost four-year-old Euro-Koruna peg this year and sometime middle of the year. The date is yet to be chosen. Looking from the...

Trade War Series

Sniffing a peg break Series: Koruna-Euro peg to end this year

Jan 20, 2017 07:27 am UTC| Commentary

Czech National Bank (CNB) chief confirmed the speculation that the Euro-Koruna peg would be abolished by the central bank in 2017. They prefer a time in the middle of the year but havent decided yet. CNB instituted the peg...

Trade War Series

Sniffing a Peg Break Series: Koruna- Euro peg likely to break soon

Jan 10, 2017 11:19 am UTC| Commentary Central Banks

According to talks and rumors in the market, the Czech Central Bank, which has kept the Czech Koruna (CZK) pegged with the Euro since 2013 at 27 per euro could soon break away from this monetary policy regime. In an...

Trade War Series

Nigeria's move from a fixed to a floating exchange-rate policy

Jun 30, 2016 14:53 pm UTC| Insights & Views

Africas largest economy has finally floated its fixed currency exchange rate for the first time in history. The freeing of the Nigerian naira after months of policy debates saw the currency immediately plummet by...

Trade War Series

Currency Peg Series: Saudi Arabia verbally defends Dollar peg

May 30, 2016 11:07 am UTC| Commentary

Ahmed al-Kholifey, Governor of Saudi Arabias Monetary Authority (SAMA) dismissed that kingdom may consider revising its currency peg with U.S. Dollar, which will result in a significant devaluation of Riyal from its...

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Economy

Australia’s Stock Market Nears Correction as U.S. Tariffs Shake Investor Confidence

Australias SP/ASX 200 index is on the brink of correction territory, tumbling 9.8% from its all-time high on February 14, driven by escalating trade tensions following U.S. President Donald Trumps new tariffs. As of 03:20...

South Korea Warns of Heightened Currency Volatility Amid U.S.-China Trade War

South Koreas central bank cautioned that escalating tensions in the U.S.-China trade war could prolong market instability, increase capital outflow risks, and amplify dollar-won exchange rate volatility. The Bank of Korea...

Oil Prices Dip Amid Recession Fears, Rising Supply, and Trade War Concerns

Oil prices edged lower in Asian trading Thursday, easing after a recent rebound as concerns over a potential U.S. recession and increasing production weighed on sentiment. Brent crude futures slipped 0.2% to $70.83 per...

Trump Threatens New Tariffs as Global Trade Tensions Rise

Donald Trump escalated global trade tensions by threatening additional tariffs on European Union (EU) goods if the bloc follows through on its planned counter-tariffs. This comes after the U.S. imposed a 25% duty on steel...

Stocks Rally as Tech Rebounds Amid Cooling Inflation and Tariff Uncertainty

The SP 500 climbed 0.4% Wednesday, buoyed by a tech sector rebound after softer-than-expected inflation data. The Nasdaq 100 jumped 1.2%, with NVIDIA (NASDAQ:NVDA) surging 8% as investors capitalized on the recent dip. The...

Politics

Trump’s Bold Tax Plan: No Taxes for Americans Earning Under $150K

U.S. President Donald Trump aims to eliminate taxes for individuals earning less than $150,000 annually, according to Commerce Secretary Howard Lutnick in a recent CBS News interview. I know what his goal isno tax for...

Mark Carney to Be Sworn in as Canada’s 24th Prime Minister Amid Trade Tensions

Mark Carney will be officially sworn in as Canadas next prime minister on Friday, marking the end of Justin Trudeaus nine-year tenure. The swearing-in ceremony, led by Governor General Mary Simon, is scheduled for 11 a.m....

Duterte’s Defiant Video Message: “I Take Full Responsibility” Amid ICC Arrest

Former Philippine President Rodrigo Duterte has taken full responsibility for his controversial war on drugs as he prepares for a legal battle at the International Criminal Court (ICC). In a video posted on his Facebook...

Trump to Address DOJ on Law and Order Amid Sweeping Changes

U.S. President Donald Trump will visit the Department of Justice (DOJ) this Friday to outline his administrations strategy for restoring law and order, Axios reported. His speech will focus on removing violent criminals...

Hamas Welcomes Trump's Shift on Gaza Displacement Amid Ceasefire Talks

Hamas spokesperson Hazem Qassem welcomed U.S. President Donald Trumps apparent retreat from his proposal to permanently displace Palestinians from Gaza. Trumps statement on Wednesday, Nobody is expelling any Palestinians...

Science

Leonardo da Vinci’s incredible studies of human anatomy still don’t get the recognition they deserve

Wikimedia, CC BY-SA The mere mention of Leonardo da Vinci evokes genius. We know him as a polymath whose interests spanned astronomy, geology, hydrology, engineering and physics. As a painter, his Mona Lisa and Last Supper...

One of the largest searches for alien life started 30 years ago. Its legacy lives on today

In February 1995, a small research organisation known as the SETI Institute launched what was then the most comprehensive search for an answer to a centuries-old question: are we alone in the universe? This Sunday marks...

South African telescope discovers a giant galaxy that’s 32 times bigger than Earth’s

Inkathazos glowing plasma jets are shown in red and yellow. The starlight from other surrounding galaxies can be seen in the background. K.K.L Charlton (UCT), MeerKAT, HSC, CARTA, IDIA, CC BY You may not know it, but right...

It’s science, not fiction: high-tech drones may soon be fighting bushfires in Australia

Picture this. Its a summer evening in Australia. A dry lightning storm is about to sweep across remote, tinder-dry bushland. The next day is forecast to be hot and windy. A lightning strike tonight could spark a fire that...

Earth is bombarded with rocks from space – but who gets to keep these ultimate antiques?

Every day, about 48.5 tonnes of space rock hurtle towards Earth. Meteorites that fall into the ocean are never recovered. But the ones that crash on land can spark debates about legal ownership. Globally, meteorite hunting...

Technology

WeRide Expands Robotaxi Services in Beijing After Securing Key Permit

WeRide Corp (NASDAQ: WRD) has received approval to launch commercial robotaxi services in Beijing, marking a significant milestone in its autonomous ride-hailing expansion. The newly granted permit allows WeRide to operate...

SpaceX Delays NASA Crew-10 Launch Amid Technical Issue, Stranded Astronauts Await Return

SpaceX postponed the NASA Crew-10 mission set to bring back astronauts stranded on the International Space Station (ISS), citing a technical issue. The launch, originally scheduled for Wednesday night from Kennedy Space...

AI Boom Fuels 10% Growth in Semiconductor Market for 2025, but Challenges Remain

The global semiconductor market is set to grow 9.5% in 2025, driven by soaring demand for AI and data center chips, according to ING analysts. While this growth lags the 11.2% forecast by the World Semiconductor Trade...

TSMC Proposes Joint Venture to Run Intel’s U.S. Foundry with Nvidia, AMD, and Broadcom

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is in early talks with Nvidia (NASDAQ:NVDA), AMD (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), and Qualcomm (NASDAQ:QCOM) to form a joint venture (JV) to manage Intels...

Salesforce Invests $1B in Singapore to Advance AI and Digital Innovation

Salesforce (NYSE:CRM) is making a major investment in Singapore, pledging $1 billion over the next five years to accelerate artificial intelligence (AI) development and digital transformation. The move reinforces the...