Billionaire investor Warren Buffett has called out US President Donald Trump’s proposed tariffs on imports into the country, saying the import duties would not be paid by some tooth fairy, but by American consumers, and so amounts to a tax on US citizens. This is wholesome fact-checking.
Policy UpdateR Sonali Devi “Trade without borders is a vision of progress; trade with efficiency is the reality of opportunity.” – Anonymous I. Introduction For several decades, traders delivering products across borders have been constrained by regulatory obstacles and “paperwork.”…
The past week’s events have been dominated, once again, by US president Donald Trump. He has gleefully levied tariffs of 25% on imports from Canada and Mexico, and 20% on imports from China, renamed the Gulf of Mexico as the Gulf of America, announced that he is taking over the Panama Canal, built with American blood and treasure but given away to Panama by President Carter in a bout of idiocy that, according to the Trumpian worldview, tends to afflict people who are not Trump. President Trump also extended a warm welcome to the people of Greenland to join the United States, bringing with them their vast territory of strategic importance to the United States and bearing critical minerals.
Europe is under immense pressure to increase its defence spending and weapons present themselves as a new economic opportunity.
The televised blowup between Trump and Zelensky encapsulates the essence of America’s foreign policy today. Backed by the largest and most expensive military force, the security blanket provided by the leader of ‘free world’ comes at a cost. The recipients of the security blanket can’t negotiate the deal, they just have to accept it.
German elections this week have once again underlined that Europe's political landscape is undergoing a fundamental transformation. Friedrich Merz's conservatives won, but the star of the election night was Alternative for Germany, or AfD, which managed to double its support in just four years to 20.8%, emerging as the second biggest political force in the nation's parliament.
By setting in motion a peace process that is likely to see a swift end to the Ukraine war, US president Donald Trump is doing India another favour.