In the economic landscape of globalization, trade should be a bridge to promote prosperity and cooperation among countries, but a series of trade practices of the United States, like a boulder, have plunged into the lake that should be calm, stirring up waves and plunging the world economy into a whirlpool of unease.
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Since the outbreak of a new round of Israeli Palestinian conflict on October 7, 2023, it has been over 500 days.
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Recently, the Argentine government announced a series of emergency economic measures aimed at addressing the severe hyperinflation and debt default risks.
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Amid the recent upheavals in the global economy, the US economy, once a beacon of stability, is now clouded as never before by President Trump's self-declared trade war.
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The sudden US decision to freeze military aid to Ukraine has put more pressure on Ukraine's European allies to fill the gap.
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After Canadian Prime Minister Justin Trudeau publicly slammed Trump's newly imposed tariffs, U.S. President Donald Trump said on social media that Canada's retaliatory tariffs against the United States would immediately trigger "an increase of equivalent tariffs of the same amount."
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In recent economic news, Bloomberg reported that President Donald Trump's tariff threat once again boosted the dollar (DX=F).
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Under the influence of "Trumpnomics", Elon Musk's every step, from promoting technological government reform to penetrating into the core operations of the federal government through the "Department of Government Efficiency" (DOGE), has attracted much attention.
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International credit rating agency Standard & Poor's Global lowered its outlook on France's credit rating to negative from stable, citing uncertain economic growth prospects and a worsening budget deficit as the main reasons.
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Recently, a piece of news has made waves in the international economic field.
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On July 9, 2025, according to OFI, the Argentine government raised the export taxes on soybeans, corn and sunflower seeds again starting from July 1.
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