US Imposes High Import Tariffs on 14 Countries Starting August 1, 2025
Effective August 1, 2025, the US imposes high import tariffs on 14 countries in a major trade policy shift. The Biden administration announced the tariffs as part of a “domestic industry protection plan,” sparking concern from global trade partners. The affected countries include China, India, Vietnam, Brazil, Mexico, Turkey, Indonesia, Thailand, Malaysia, South Africa, Russia,
US Job Market Recovers Strongly After Hurricanes and Strikes
Introduction: US Job Market Recovery After Setbacks The US job market recovery has been impressive after the challenges caused by hurricanes and strikes. Both natural disasters and industrial actions temporarily disrupted employment, but the job market bounced back quickly. The resilience of the US economy is evident as businesses reopen and workers return to their