CFR

Trump's Gigantic Tariff Shock: A Deep Dive into Economic Impacts

1 day ago

In a recent discussion on Bloomberg, Brad Setser from the Council on Foreign Relations (CFR) analyzed the unforeseen consequences of the enormous tariffs implemented during the Trump administration. The tariffs, which were aimed at various imports, stirred discussions about their long-term impacts on the U.S. economy and its trade relations globally.

The Impact of Trump's Tariffs: Insights from Brad Setser of the Council on Foreign Relations

1 day ago

In recent discussions around the economic landscape shaped by the previous administration, Brad Setser from the Council on Foreign Relations has weighed in on the long-term repercussions of the tariffs imposed by former President Donald Trump. These tariffs, initially designed to protect American industries by imposing taxes on imports, have had a mixed record—intended to revive local manufacturing while inadvertently leading to increased consumer costs and strained trade relationships.

ECB’s Nagel Raises Alarm Over Fragmentation Risks After Trump Victory

5 months ago

In a significant turn of events, European Central Bank (ECB) official Joachim Nagel has expressed deep concerns regarding potential economic fragmentation within the Eurozone following the recent electoral victory of Donald Trump in the United States. Nagel's warnings come at a time when Europe is navigating intricate economic challenges, exacerbated by geopolitical tensions and rising inflation rates.

Hong Kong Reclaims Status as the World's Freest Economy, Surpassing Singapore

6 months ago

In a significant economic shift, Hong Kong has emerged as the world's freest economy, edging out Singapore, according to a newly released report by the Fraser Institute. This development marks a crucial change in the global economic landscape, prompting discussions surrounding the implications of such a title amid ongoing political and economic challenges faced by the region.