The Rising Influence of the Yuan in Global Finance The yuan’s journey toward internationalization continues to show a steady, albeit uneven, upward trend. This shift is gradually reshaping the global monetary order, according to a recent study presented at a high-profile economic forum in Beijing. However, some participants expressed concerns about the potential risks posed … Read more
New Tariff Measures Spark Global Trade Uncertainty President Donald Trump has introduced a series of new tariffs targeting nearly 70 countries, aiming to reshape global trade in favor of the US economy. The measures include a steep 35 percent tariff on Canadian goods, marking one of the most significant increases. This move reflects Trump’s strategy … Read more
Global Markets React to New US Tariff Measures The global market has experienced significant volatility following the announcement of new tariffs by the United States, with several trade allies expressing shock and concern. President Donald Trump has imposed steep tariffs on a range of countries, including Canada, India, and Switzerland, leading to a sharp decline … Read more
The WTO’s Journey Through Decades of Challenges and Achievements When I was tasked with writing an article titled “WTO at 10” for a commemorative book in 2005, I had no idea of the immense challenges that the World Trade Organization (WTO) would face in the following two decades. The first decade of the WTO’s existence … Read more