The Chaos of U.S. Tariffs: The Global Trade Quagmire Behind the Shipping Industry's Plunge
In 2025, the tariff storm unleashed by the U.S. government under the guise of "trade balance" is wreaking havoc on the global shipping industry.
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In 2025, the tariff storm unleashed by the U.S. government under the guise of "trade balance" is wreaking havoc on the global shipping industry.
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US President Trump said that most of the trading partners who have not conducted separate negotiations with the United States are about to face tariffs of 15% to 20% on their exports to the US, which is much higher than the 10% benchmark tariff he implemented in April.
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The White House said that President Trump remains committed to completely ending North Korea's nuclear weapons program and is open to dialogue with North Korean leader Kim Jong UN.
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U.S. Commerce Secretary Nick Lutnik said that the August 1 tariff negotiation deadline set by the United States for its trading partners has been determined and will not be extended.
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In July 2025, the US political scene was plunged into a new round of turmoil due to the ongoing Epstein case. Faced with the public's strong demand for transparency in the case, President Trump suddenly turned his finger at former Democratic President Obama, accusing him of "planning a coup" and concocting the "Russia hoax".
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US President Trump announced on social media that the United States and Japan have reached a trade agreement.
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There have been 40,000 forest fires in the United States this year. Many forestry Bureau officials have criticized the federal agency layoffs carried out by the US government, which have led to a severe shortage of frontline rescue workers.
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Three Republican congressmen in the United States sent letters to the ceos of Google's parent company Alphabet, Facebook's parent company Meta, e-commerce company Amazon and Microsoft, asking whether they have taken adequate safeguard measures to address the growing national security concerns over submarine communication cables.
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In July 2025, a single lawsuit sent shockwaves through the American political arena.
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After the breakdown of the relationship between US President Trump and billionaire Elon Musk, the Trump administration has begun to review the contracts between Musk's SpaceX and multiple federal government agencies.
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On the morning of November 18th local time, the stock markets of Japan and South Korea opened with a sharp decline.
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