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Beijing has imposed a 34% tariff on all U.S. imports starting April 10, retaliating against President Donald Trump’s sweeping tariffs on Chinese goods. China’s State Council Tariff Commission condemned the move as a violation of international trade rules, accusing the U.S. of undermining its economic rights. With tensions escalating, businesses and global markets brace for further disruptions as the economic …

The global oil market experienced a dramatic downturn on Friday, with prices plunging by 8%—marking the lowest level since the peak of the COVID-19 pandemic in 2021. This sharp decline has sent ripples through financial markets and raised concerns about the broader economic implications. Reasons Behind the Oil Price Drop. The recent decline in oil prices can be attributed to …

In response to the United States’ implementation of comprehensive tariffs on imports, Canada, Mexico, and China may consider collaborative strategies to mitigate economic impacts and reduce reliance on U.S. trade. This analysis explores potential measures these nations could adopt and examines the development of economic corridors aimed at circumventing U.S. economic influence. 1. Strategic Measures to Counter U.S. Tariffs A. …