President Donald Trump’s decision to slap a 10% tariff on most goods imported to the United States, as well as higher duties on dozens of countries from rivals to allies, has intensified a global trade war that threatens to stoke inflation and stall growth. The sweeping duties announced against the serene backdrop of the White House Rose Garden on Wednesday immediately unleashed turbulence across world markets and drew condemnation from other leaders now faced with the end of decades of trade liberalization that have shaped the global order.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

WHO chief calls for end to hospital attacks in Gaza

The head of the World Health Organisation on Monday called for an…

Nine dead in Serbia school shooting

Nine people were reported dead on Wednesday in a school shooting in…

Russia rejects G20’s focus on security

On Nov 13, Russia called for the G20 to stop talking about…

LHC rulings suspended by SC in Ravi riverfront project case

The Supreme Court postponed the Lahore High Court’s (LHC) ruling in the…