James Nolan

Biden Slaps 100% Tariff on Chinese EVs, Ramps Up Trade Tensions

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Biden unveils major China tariff hikes with EV rate to hit 100%

Highlights The Biden administration has imposed a 100% tariff on Chinese electric vehicles (EVs), semiconductors, and medical products, among other imports. The move is intended to protect U.S. workers and companies in strategic sectors and punish China for unfair trade practices. U.S. Seeks to Level Playing Field for Domestic Industries The tariff hike is part … Read more

Global Economy Faces Threats from Dollar Nationalism

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Global Economy

Highlights: The U.S. Dollar as a Global Currency The U.S. dollar plays a dominant role in global transactions, accounting for a vast majority of international currency transactions and global reserves. This has significant implications for the global economy. Economic Impact and Global Dependence The dollar’s role as a reserve currency supports the U.S. current account … Read more