Economics

Trump's $1 Trillion Trade Fortress: America's Economic Defense

A Mammoth Shield Against Global Trade President Trump’s announcement about the new tariffs has sent ripples across the global economic landscape, effectively constructing a colossal \(1 trillion trade wall around the United States. This move positions the U.S. in an economically fortified state, with soaring tariffs threatening to

Trump's Tariff Triumph or Economic Gamble? Understanding Its Real Impact

President Donald Trump has announced an unprecedented move in global trade by imposing a minimum 10% tariff on all goods entering the United States, with even steeper tariffs for some close trading allies. Dubbed as “Liberation Day” by Trump, this decision is poised to bring significant changes, but the big

Trump's New Tariffs: A Double-Edge Sword for U.S. Economy?

In a bold yet contentious move, President Trump announced substantial global tariffs on Wednesday, catching the attention of economic analysts and Americans alike. While intended to fortify domestic industries and realign trade balances, these tariffs may unleash a cascade of economic repercussions domestically. Many economists warn that such tariffs can

A Bold Gamble: Trump’s Tariff Strategy Set to Reshape the U.S. Economy

President Donald Trump’s bold move to impose widespread tariffs on imports represents a defining moment in his second term, potentially reshaping the U.S. economy amidst rising concerns over inflation and economic slowdown. As the curtains rise on what Trump calls a new economic era, skeptics and supporters alike

India and Chile Forge New Economic and Defense Ties

In a world where strategic alliances are the cornerstone of growth and stability, India’s latest move to bolster relations with Chile marks a significant stride. As reported in Times of India, Prime Minister Narendra Modi recently welcomed Chilean President Gabriel Boric, laying the foundation for a promising partnership that

US Stocks in Turmoil as Trade Tensions Grow

In a gripping session, US stocks wavered uncertainly as investors adjusted to a climate thick with economic anxiety and trade disputes. As the trading floor buzzed, the backdrop of escalating tariffs created a mixed bag of reactions across different market sectors. A See-Sawing Session As the day unfolded, the S&

Local Economics Expert Reveals How Tariffs Could Hit Your Wallet

In an insightful discussion on News Channel 5’s morning show, MorningLine, Trevecca’s Associate Economics Professor Joshua Smith dissected the implications of recent tariffs and their potential effects on Tennessee residents. Understanding Tariffs Smith painted a clear picture of tariffs, explaining them as taxes on imported goods that create