By Elixsandro Ballesteros, Former ambassador and professor of the University of Panama 1. Global context There is a tense situation in the relations between the United States and Panama. This needs to be analyzed within the context of the US’ declining global hegemony, the change of the global order and the rejection of President Trump to acknowledge the reality of ...
By Michael Roberts * President Donald Trump implemented his new range of tariffs on US imports called reciprocal tariffs. In addition to those announced last Wednesday (Liberation day), Trump included an extra levy on Chinese imports in retaliation to China’s decision to impose a 34% tariff on US imports, which in turn was a retaliation against Trump’s 34% hike on Chinese imports ...
By Dure Akram, Lahore / Pakistan Pakistan’s economy is feeling the pinch of U.S. protectionism after President Trump’s sweeping tariffs imposed a blanket 10 percent tariff on all U.S. imports, coupled with a punitive 29 percent surcharge on Pakistani goods—despite a modest $3 billion surplus with America—prompting Islamabad to scramble for relief. The immediate fallout will be severe: Pakistani textile ...
By Yunus Soner, Antalya / Türkiye African countries are amongst those most affected by US President Donald Trump’s tariff policies. Some of them, like Botswana and Lesotho, were targeted with the highest tariffs, while others suffer great damage, because trade with the US makes a great part of their international commerce. On the continent’s response, we asked Wycliffe Musalia Mudavadi, ...
By Yunus Soner, Antalya / Türkiye US President Donald Trump’s trade policies were one of the main topics at the 4th Antalya Diplomacy Forum, convened by the Turkish Foreign Ministry on April 11-13. Here, we interviewed Jeffrey Sachs, professor at the U.S. Columbia university, a known economist and President of the UN Sustainable Development Solutions Network. How do you evaluate ...
By Sergio Rodríguez Gelfenstein Many people may think that the conflict between the United States and China is recent and that characterizing it as a “trade war” helps explain its essence, but neither is true. Exalting this confrontation within the framework of these two particularities leads to analytical errors and, to a greater extent, flaws in understanding the phenomenon and ...
By Sergio Rodríguez Gelfenstein We don’t know the impact the Trump administration’s imposition of 10% tariffs on their exports will have on the inhabitants of Heard Island and McDonald Islands. We’ll likely never know, because the population of those territories consists solely of penguins, seals, turtles, and seabirds. It’s been more than ten years since a human last set foot ...
By Adem Kılıç, Political Scientist / Author After a long period of threatening rhetoric and new arms transfers to Israel, Donald Trump surprisingly announced last week that the United States and Iran would begin direct talks. Given Trump’s Iran policies during his first term and the first three months of his second term, some might think that this was a ...
By Islam Farag, from Cairo / Egypt Since taking office last January, U.S. President Donald Trump has been attempting to reshape the global trade system. Attention has only been drawn to one aspect of this effort: his fervent desire to use tariffs to adjust the balance of trade between the United States and many other countries. On April 2, significant ...
By Stephan Kaufmann US President Donald Trump has declared Wednesday “Liberation Day.” The next major round of import tariffs is scheduled to take effect on Wednesday, intended to free the US economy from pesky competition. Trump’s trade war against the rest of the world offers some insight into the state of the global market. With tariffs, the US government is ...