On August 1, the United States will impose a 30% tariff on select South African exports, a move the Trump administration ...

The International Monetary Forum 2025 is held in Beijing on July 27, 2025. Photo: Liu Yang/GTVCG. Geoeconomic risk shocks ...

Readers weigh in on the Delta Downs raid, the tech bubble, a do-nothing Social Security policy, and excessive U.S. debt ...

THE Bangko Sentral ng Pilipinas (BSP) could be compelled to hike its key policy rate in the near future to maintain investor ...

For years the U.S. stock market sucked the air out of the world’s markets. At its peak, it accounted for more than half of ...

One of the crucial aspects of international goods is their high price elasticity of demand, a concept that plays a ...

In recent years, China's economic growth has exhibited a "U-shaped" pattern, with strong momentum in the first quarter, ...

“The global economy cannot be denied,” he said. ... It’ll take time for the effects of Trump’s new moves — and the retaliatory tariffs they spur — to ripple through global markets.

1. Ad valorem tariffs: A percentage of the item’s value. 2. Specific tariffs: A fixed fee per unit of the item (e.g., $10 per ton of steel). Benefits Of Tariffs. Tariffs are often used ...