Yale’s Budget Lab offers some estimates: The April 2nd tariffs alone constitute an increase in the average effective tariff rate of 11 ½ percentage points. That implies a rise in consumer prices of
China’s export controls on rare earth elements (REEs) and magnets have virtually choked off global supply, following their announcement on April 4 in retaliation to US President Donald Trump’s reciprocal tariffs –
As the United States and China wage an all-out trade war — with escalating tariffs, strategic retaliations, and an economic standoff that reverberates globally — the impact on Pakistan is both profound
Nikkei plunge nears 9% as Japanese bank stocks plummet Japan’s Nikkei share average tumbled nearly 9% early on Monday, while an index of Japanese bank stocks plunged as much as 17%, as