Guyana, celebrated for its fast-growing economy due to oil exports, has unexpectedly found itself subject to an unusually high 38% U.S. tariff–significantly higher than 10% levied on other Caribbean nations and 15% on Venezuela. This decision has raised questions as to its underlying causes; some analysts point out Guyana’s economic ties with China could be...
Author: Barry
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Trump Administration Exempts Smartphones and Computers from New Tariffs
Washington D.C. — To assuage tech industry worries and soothe American consumer sentiments, former President Donald Trump announced on Friday that smartphones and computers will be exempted from tariffs targeted against Chinese imports. This announcement follows ongoing trade tensions between the United States and China, where tariffs have become an important negotiating tool. Concerns have...
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Can China Win a U.S. Tariff War? Analysts Weigh the Economic and Strategic Stakes
As tensions over trade between China and the United States and China flare up time, markets across the globe are anticipating what could be a new bout of economic conflict between the two world’s largest economies. With the possibility of new tariffs and retaliatory threats exchanged the question is: Can China win an U.S. trade...