Global Tensions and Economic Shifts: The Trump Effect on Trade, Markets, and Geopolitics
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.