Trump imposes 50% tariff on India as punishment for buying Russian oil
The US imposed 50% tariffs on imports from India over its discounted Russian oil purchases, risking major damage to India's economy and global supply chains.
How China came to rule the world of rare earth elements
Investment manager Louis O'Connor emphasizes the significance of rare earth elements for both consumer electronics and defense systems, particularly highlighting the near-monopoly China holds in refining these elements.
6 Short-Term Strategies for Doing Business in a Trade War
Companies are struggling to develop medium-term strategies due to the chaos resulting from the trade war, focusing instead on short-term solutions for operations.
More Trump trade war fallout: China's exports to U.S. sink 21%
China's exports to the United States tumbled in April by 21%, signaling the impact of President Trump's tariffs and a shift toward global supply chains.