U.S. Tariffs Drive Record Trade Deficit, GDP Drop: Analysis
U.S. tariffs spark record trade deficit and first GDP contraction in three years, with implications for Asian economies.
Trade Deficit
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Former EU Council President Rompuy Calls for Multilateralism and Open Markets
Former European Council President Herman Van Rompuy calls for multilateralism and open markets, addressing trade deficit issues between the EU and China in a recent interview with China Media Group.
U.S. Debt Soars: Exploring the Global Implications of Dollar Dominance
The U.S. federal debt has exceeded $35 trillion, prompting questions about its causes and global impact. This article examines how the U.S. dollar’s international status contributes to the growing debt.