After tariffs, what’s Trump’s next Move? Watch out US dollar weakening

After tariffs, what’s Trump’s next Move? Watch out US dollar weakening

As the dust begins to settle down on President Donald Trump’s latest tariffs, speculation is growing over his next move. With the dollar as the world’s reserve currency, Trump has powerful tools to pressure allies—credit access, dollar funding, and payment systems, which may be wielded as powerful weapons to subject compliance from foes and allies […]

IMF Sees Subdued Growth, Warns of Stagnation, Rise in Protectionism

With global growth subpar at 3.1% in 2016, with slight increase to 3.4% next year, persistent stagnation in advanced economies could further fuel anti-trade sentiment with calls for protectionism in developed economies, said IMF in its latest outllok that may send warning bells to India and China. Global economic growth will remain subdued this year […]