U.S. President Donald Trump threatened on Friday to impose a 100% tariff on goods from any country that implements a digital services tax targeting American companies. The warning comes just one day after European Union nations met a July 4 deadline to reduce tariffs on U.S. goods, a move intended to meet commitments under a … Read more
China’s decision to eliminate tariffs for 53 African nations, combined with a 18% surge in annual China-Africa trade, is accelerating the use of the yuan across the continent. By bypassing the U.S. dollar in bilateral settlements, Beijing is building alternative financial infrastructure, such as the Cross-Border Interbank Payment System (CIPS), to reduce reliance on Western-dominated … Read more
A federally-commissioned study on alcohol consumption and health risks, previously sidelined by the Trump Administration, was published in the Journal of Studies on Alcohol and Drugs this week. The research indicates that even low levels of alcohol intake carry measurable health risks, contradicting earlier federal guidance that suggested moderate drinking might lower mortality rates. According … Read more