Economics

Trump Escalates Tariffs on South Korea to 25% Tensions Rise in U.S.-Allied Relations

U.S. President Donald Trump announced on Monday that he is raising tariffs on a range of South Korean imports from 15% to 25%, accusing Seoul of failing to swiftly ratify…

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Takaichi Slams Putin’s Kuril Islands Visit, Warns of Lasting Damage to Japan-Russia Ties

Japanese Prime Minister Sanae Takaichi on Thursday strongly condemned Russian President Vladimir Putin’s first-ever visit…

Lasted Economics

Trump Escalates Tariffs on South Korea to 25% Tensions Rise in U.S.-Allied Relations

U.S. President Donald Trump announced on Monday that he is raising tariffs on a range of South Korean imports from…

China’s Foreign Trade in Goods Rises 4.1% Year-on-Year in First 11 Months of 2025

China's total goods trade reached a substantial 41.21 trillion yuan (approximately 5.83 trillion U.S. dollars) in the first 11 months…

Global Trade Tensions Escalate: EU Unveils Bold Steel Tariff Plan Amid Trump Tariff Backlash

In a dramatic escalation of protectionist measures, the European Commission has proposed slashing steel import quotas by nearly half and…

Putin arrives at EEF plenary session

Russian President Vladimir Putin arrived at a plenary session of the Eastern Economic Forum to deliver his traditional speech and…

Spain’s Pedro Sánchez Eyes Closer China Trade Ties Amid U.S. Tariff Uncertainty 

Spanish Prime Minister Pedro Sánchez has embarked on a diplomatic mission to bolster economic relations with China, as uncertainties surrounding…

Global Trade War Escalates as China Slaps 84% Tariffs on U.S., EU Strikes Back at Trump

The global trade landscape took a dramatic turn today as China announced a steep tariff hike on U.S. goods, increasing…

Trump Slaps 104% Tariffs on China, Escalating Trade War to New Heights

In a major escalation of trade tensions, the White House announced today that President Donald Trump will impose an additional…

Global Stock Exchange Crashed as Donald Trump Signals No Plan to Cancel Global Tariffs

Global financial markets faced a tumultuous day as stock exchanges around the world plummeted, triggered by U.S. President Donald Trump’s…