WASHINGTON, D.C. — November 17, 2025 — President Donald Trump’s trade strategy built on unilateral tariffs and coercive diplomacy appears to be losing momentum, as rising domestic costs and political opposition expose the limits of his so-called “gunboat trade deals.” Analysts say Trump’s latest agreements with multiple countries reflect a weakened position rather than a…
TOKYO — November 16, 2025 — Japan’s economy contracted for the first time in more than a year as tariffs imposed by the Trump administration disrupted trade flows and weakened the country’s key export industries, particularly automobiles. According to government data released Sunday, Japan’s GDP fell 1.8% year-on-year in the July–September quarter, marking the first…
NEW YORK — November 14, 2025 — The Korea Society, in partnership with the Consulate General of the Republic of Korea in New York, has announced a special forum titled “U.S.–Korea Economic Relations in a New Tariff Era: Economic and Industrial Perspectives.” The event brings together leading economists, policymakers, and industry experts to discuss how…
NEW YORK — November 6, 2025 — Wall Street ended Thursday sharply lower as tech stocks plunged and investor confidence weakened amid growing fears of overvaluation and economic slowdown. The Dow Jones Industrial Average dropped 399 points, while the Nasdaq Composite fell 1.9%, leading losses across major indexes. Tech Stocks Lead Market Declines The Nasdaq’s…
XRP Suffers Heavy Sell-Off Following Global Market Reaction to Tariff Announcement Ripple’s price plummeted dramatically following President Trump’s tariff announcement, which triggered widespread panic selling in financial markets around the world. In just a few hours, nearly 900 billion in total crypto market capitalization vanished as risk aversion took precedence over speculative sentiment in a…
Bank of Canada Moves to Support Economy The Bank of Canada lowered its key lending rate to 2.5% on Wednesday, down from 2.75%, in a move aimed at easing pressure on borrowers. The decision follows months of tariff uncertainty as U.S. President Donald Trump’s trade policies weigh heavily on Canadian industries. By cutting rates, policymakers…
AI Demand Drives Surge in Overtime Hours Taiwan’s electronics component industry reported its highest-ever overtime levels in July, fueled by the global boom in artificial intelligence applications. According to the Directorate General of Budget, Accounting and Statistics (DGBAS), employees in the sector averaged 27.7 overtime hours—the highest for July since records began in 1980. The…
A Long-Delayed Agreement Finally Signed India and the United Kingdom signed their Comprehensive Economic and Trade Agreement (CETA) on July 24, 2025. The pact lowers tariffs on whisky, gin, and automobiles, while leaving politically sensitive areas like agriculture and legal services largely untouched. For both sides, the deal is as much about navigating domestic politics…
Trump’s Legal Battle Over Tariffs The sweeping tariffs that President Donald Trump imposed during his second term are facing a major legal challenge. A recent federal appeals court ruling found that Trump unlawfully used the International Emergency Economic Powers Act (IEEPA) to impose these duties on several countries. The court’s decision, if upheld, could have…
EU Leaders Stand Firm on Their Right to Make Rules The leaders of France and Germany have made it clear that they are all against recent threats from former U.S. President Donald Trump about Europe’s technology laws. French President Emmanuel Macron and German Chancellor Friedrich Merz stood up for the EU’s right to make its…
