"2025 was the year of tariffs and a global shift in economic power. Two words that largely define the economy right now: Global reordering. President Donald Trump's Tariffs have landed as a shock to global trade. This is 2025. Major economies are rewriting their playbooks, and alliances are being redrawn. From Africa's minerals boom to the global AI race, countries are scrambling for influence even as debt piles up."
"They are spending more, borrowing more and making tough choices from defence to climate policy and labour shortages. And through it all, people are bearing high costs."
2025 features a surge in tariffs and a large-scale shift in economic power that is reshaping global trade and alliances. Major economies are revising strategies and realigning partnerships in response to trade shocks and geopolitical competition. Resource booms in Africa and the accelerating global AI race intensify competition for influence even as national debts rise. Governments are increasing spending and borrowing, confronting trade-offs across defence, climate policy, and labor shortages. Households and workers are experiencing higher costs and economic strain as policymakers balance strategic priorities against fiscal pressures.
Read at www.aljazeera.com
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