
US Reciprocal Tariffs Trigger Global Trade Tensions, IMF Warns of Risks
New US tariffs spark global backlash as Brazil, India, and Switzerland face steep levies. EU and Japan secure exemptions, while IMF warns of long-term economic damage.
News & Insights Across Asia
New US tariffs spark global backlash as Brazil, India, and Switzerland face steep levies. EU and Japan secure exemptions, while IMF warns of long-term economic damage.
U.S. tourism faces challenges as Trump-era policies on trade, immigration, and visas deter international visitors, prompting industry efforts to revive interest.
OECD warns US tariff surge since 1936 levels threatens global economic stability, impacting consumer and investor confidence worldwide.
US tariffs prompt international firms to adjust strategies, with over half of US companies planning price hikes as tariff pause nears expiration, impacting consumers.
Canadian economist David Gray warns that US tariffs could lead Canada into recession, causing economic chaos in the US as well.