G7 finance leaders are convening in the Canadian Rockies this week with a renewed emphasis on building consensus with the United States over non-tariff issues—a strategy driven by concerns that escalating tariff disputes risk undermining broader Western solidarity. While headline attention...

On May 18, 2025, China’s Ministry of Commerce announced anti‑dumping duties of up to 74.9 percent on imports of polyoxymethylene (POM) copolymers from the United States, the European Union, Japan, and Taiwan. The final rates, following a year‑long investigation that began in May 2024, impose duties...

Moody’s Investor Service’s decision on May 16, 2025, to downgrade the U.S. sovereign credit rating from “Aaa” to “Aa1” has amplified worries among bond market participants about the sustainability of America’s fiscal trajectory. This move by Moody’s, the final major ratings agency to cut its...

In a move that underscores mounting concerns over America’s fiscal trajectory, Moody’s Investors Service on Friday downgraded the United States’ sovereign credit rating from its century‑old pinnacle of Aaa to Aa1. The decision marks the first time Moody’s has removed the U.S. from its top-tier...

Chinese factories, battered by sky‑high import duties, are breathing a tentative sigh of relief after the United States agreed to suspend its steepest China‑targeted tariffs for 90 days. Announced on May 12 following intensive trade talks in Geneva, the pause reduces levies on goods from a peak of...

According to JPMorgan Chase CEO Jamie Dimon, a recession in the US economy remains a possibility even after the recent decrease in reciprocal import tariffs with China. "If a recession occurs, I'm uncertain about its extent and duration." "I wish we can steer clear of it, but at this moment, we...

Eurostat’s revised data for the first quarter of 2025 show the euro area economy expanding by just 0.3 percent—down from an earlier estimate of 0.4 percent—and underscore growing concerns that the bloc’s fragile recovery is faltering under multiple strains. While employment continued to rise...

Britain’s economy roared into 2025 with an unexpectedly strong performance in the first quarter, expanding by 0.7 percent between January and March—well above City forecasts—and underscoring a burst of activity that preceded looming tax increases and new trade levies. While the bounce has provided...

Asia-Pacific Economic Cooperation (APEC) ministers and senior trade officials gathered on Jeju Island, South Korea, this week to confront mounting evidence that new U.S. import levies are choking off regional commerce. In a stark forecast unveiled at the bloc’s annual trade ministers’ meeting, APEC...