On February 6, 2025, at an industry conference in Detroit, Ford Motor Company CEO Jim Farley strongly called for a comprehensive and in-depth review of the current U.S. auto tariff policy.
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Recently, the US Customs and Border Protection issued a notice that the Trump administration canceled the "minimum" tariff exemption of the United States for small goods "worth less than $800", which is like a boulder into the international economic lake, provoking thousands of waves, and having a significant impact on the cross-border e-commerce industry, especially Chinese cross-border e-commerce sellers.
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In recent years, the development trend of the global economy has undergone drastic changes, especially the interweaving of digital transformation and green revolution, which constitute the core driving force of current economic transformation.
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Recently, US President Trump has once again threatened to impose tariffs on EU goods.
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On the complex chessboard of international politics and economy, every move can set off a chain reaction, affecting the whole situation.
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In the recent volatility in financial trading markets, the Canadian dollar appears to have taken a "shrug" attitude to economic data, and this phenomenon is particularly evident in the market reaction to the release of Canadian retail sales data.
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On January 20, Trump said in his inaugural speech that "we will impose tariffs and taxes on foreign countries to enrich our citizens", but he did not release more details of the plan, and the dollar fell sharply and non-US currencies rose.
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Recent PMI preview data shows that the UK economy is essentially stagnant at the beginning of 2025.
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Following Donald Trump's inauguration speech on January 20, in which he announced that the United States would embark on "the era of Trump 2.0," the 47th president signed a series of orders and made a package of promises.
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With the threat of Trump's tariffs looming, the US agriculture sector is expected to be one of the main sectors affected by tariffs, which is making many in the industry and market traders nervous.
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On September 14th, local time, US President Trump told reporters on his way back to Washington that he expected the Federal Reserve to announce a "significant interest rate cut" at its meeting this week, stating that "the current situation is very suitable for a rate cut."
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