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Donald Trump Lists 8 ‘Non-Tariff Cheating’ Tactics — What Are They And How Do They Hurt American Trade?

U.S. President Donald Trump Lists 8 'Non-Tariff Cheating' Tactics. | Image: Donald Trump Tariffs US President Donald Trump has once again highlighted what he calls “non-tariff cheating” in global trade. In a recent post on his social media platform, Truth Social, Trump listed several trade practices that, according to him, harm American businesses and workers. In a recent post on his social media platform, Truth Social, former U.S. President Donald Trump outlined several unfair trade practices he believes harm American businesses and workers. He listed what he called “NON-TARIFF CHEATING,”...
Currencies

Donald Trump’s crypto gamble – Perspectives

As the U.S. government formalises its involvement in the crypto industry, the future of digital currencies appears increasingly intertwined with national economic strategies. In a stunning reversal that has sent shockwaves through financial markets worldwide, President Donald Trump has transformed from calling crypto a ‘scam’ to championing with his breathtaking establishment of America’s “Digital Fort Knox” – a mammoth strategic reserve of over 200,000 seized Bitcoin worth an $17 billion. This move raises critical questions about the future of crypto worldwide, particularly for developing economies that are still lagging behind...
Currencies

Trump’s erratic policy is harming the reputation of American assets

PRESIDENT DONALD Trump’s bullying of America’s allies and neighbours may appeal to the maga base. Unfortunately, investors feel otherwise. Confidence in the prospects for the American economy has been sapped and financial markets are sinking. The S&P 500 index of American stocks has dropped by 9% since its peak in February. Because Mr Trump’s on-again, off-again protectionism defies logic, their faith in his administration’s ability to steer the economy is evaporating. It is the same with the dollar. As Mr Trump has threatened tariff after tariff, it has fallen, dropping...
Currencies

Govt wants rupee stability; RBI may again aggressively defend the currency

There is no change in the forex policy of the central bank despite several quarters believing that under the new governor Sanjay Malhotra, RBI would not aggressively defend the rupee, said the official, citing discussions between the government and the RBI on the currency slide. The Indian rupee has weakened about 3.5% against the dollar in the past six months to 86.88 on 7 March, as per data from Bloomberg. By comparison, the Chinese Yuan and the Japanese Yen weakened 1.7% and 0.7%, respectively, during the period. “The government does...