Trump Threatens 100% Tariff on BRICS Countries Over New Currency Plans
Former President Donald Trump recently issued a stern warning to the BRICS countries—Brazil, Russia, India, China, and South Africa. He threatened to impose a 100% tariff on goods from these nations if they proceed with plans to create a new currency. The threat has sparked international attention, particularly regarding its implications for global trade and
China’s Manufacturing PMI Improves, But Services PMI Declines in Latest Report
Recent data from China reveals mixed signals for the economy, with the official manufacturing PMI showing improvement, while the services PMI slips. This shift is important for understanding the current economic landscape in China, especially as it recovers from global disruptions and internal challenges. Let’s explore what this means for China’s economy and global markets.