Japan’s Prefectures Rally Aid as U.S. Tariffs Bite ๐ผ๐พ
Nearly 40% of Japanese prefectures provide aid to local businesses affected by U.S. tariffs, with 90% offering consultations. ๐๐ผ
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Nearly 40% of Japanese prefectures provide aid to local businesses affected by U.S. tariffs, with 90% offering consultations. ๐๐ผ
The U.S.’s controversial tariff strategies face global criticism as experts warn of economic fallout and rising tensions. ๐โ๏ธ
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China’s April manufacturing PMI hits 49.0, signaling contraction. Experts eye recovery plans as economic pressures persist. ๐๐ญ
China passes first private sector promotion law to boost economy, effective May 20. Aims to empower innovation and stabilize growth. ๐ฑ๐ผ
Amazon reverses plan to display tariff costs after White House criticism, sparking market reactions and political debates. ๐๐ผ
U.S. consumer confidence plunges to lowest level since COVID’s start, fueled by tariff worries and recession fears. Experts warn spending cuts could slow growth.
Economic commentator Ge Lin unpacks three long-term risks challenging the US dollar’s global reserve currency status amid shifting financial dynamics. ๐๐ธ
Chinese President Xi Jinping’s NDB visit spotlights BRICS’ growing role in global finance and sustainable development initiatives. ๐๐ก
Ex-South African diplomat Gert Grobler warns US tariff policies could backfire, hurting global trade and American wallets. ๐โ๏ธ