Donald Trump’s tariffs on Chinese goods have been a boon to the world’s second-largest economy. In less than six months since Trump’s “Liberation Day” tariff announcement, China is approaching a record $1.2-billion trade surplus.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Sep 30 2025
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RUSSIAN GOVERNMENT CONTRADICTS PUTIN’S PROMISE, RAISES VAT TAX
Russia’s value-added tax rate will rise from 20 percent to 22 percent, the finance ministry has announced, negating President Vladimir Putin’s promise last year that no tax would increase before 2030.
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WESTERN BANKERS RUSH TO HONG KONG AS MARKETS SURGE
Citigroup, DBS, Deutsche Bank, JPMorgan, and Standard Chartered are among Western banks dispatching senior executives and adding to teams in Hong Kong as new stock listings proliferate, dealmaking is on the rise, and Chinese companies use the island as a gateway for foreign investment.
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EUROPE’S FOOD PRICES HAVE RISEN A THIRD IN THE PAST SIX YEARS
Rising labor and commodity costs have added about a third to Europe’s food prices since the COVID War, a study by the European Central Bank (ECB) has found.
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TARIFFS ARE READY TO TEST GLOBAL ECONOMY, OECD SAYS
The world’s economy has maintained a better pace of growth this year than expected as government incentives and spending prop up China’s teetering GDP and AI investments cushion weakness elsewhere in the U.S. economy, the Organization for Economic Cooperation and Development (OECD) said in a report released last week.
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EUROZONE’S ECONOMY WOBBLES AS TARIFFS ARE POISED TO HIT HARDER
The Eurozone’s economy is showing short-term resilience but underlying trends indicate trouble ahead, a new report by the Organization for Economic Cooperation and Development warns.
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STOCKPILE EXTRA CASH AT HOME, CENTRAL BANK TELLS EUROPEANS
Households should consider building up a reserve of paper money and coins at home, the European Central Bank (ECB) said in a statement last week that reminded people cash is a fail-safe backup if digital currency and payment systems malfunction.
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GERMANY LEADS ECONOMIC UPTURN IN EUROPE
In September, the Eurozone’s economy grew at the fastest rate in 16 months, led by strength in Germany’s services sector.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Over 100,000 federal employees are expected to resign today under President Trump’s deferred resignation program, according to thegatewaypundit.com.