Articles tagged with “donaldtrump”

The International Monetary Fund warned Tuesday that President Donald Trump's tariff policies and retaliatory measures from trading partners could severely impact global economies, with the US facing significant damage. Global growth is projected to slow to 2.8% this year, down from 3.3% in 2023, marking a sharp decline below historical averages. The US economy is expected to grow just 1.8% in 2025, a steep drop from 2.8% in 2024. These forecasts are gloomier than January's estimates, reflecting the effects of recent tariff hikes pushing import taxes to century high levels.

A historian has warned that Donald Trump could face Britain's "apex weapon" if he sparks a global trade war as president. Dr. Martin Farr, a senior lecturer at Newcastle University, suggested the U.S. might encounter the influence of the British Royal Family as a strategic response. The remarks highlight potential diplomatic tensions over trade policies. Farr described the Royal Family as one of the UK's most powerful assets, capable of shaping international relations. The comments come amid speculation about how nations might counter aggressive trade measures. While no specific actions were detailed, the statement underscores the UK's potential leverage in global economic disputes. The warning follows Trump's history of imposing tariffs during his first term. Analysts are closely watching how world leaders might respond to renewed protectionist policies. The Royal Family's soft power has long been a tool for British diplomacy, though its role in trade conflicts remains unconventional. The situation remains speculative as Trump has yet to outline detailed trade plans.

President Donald Trump's tariff policies have prompted Switzerland to reassess its economic strategy, moving closer to the European Union. The tariffs have impacted Swiss trade relations, forcing the nation to seek stronger EU ties. This shift highlights broader geopolitical changes as countries adjust alliances in response to evolving U.S. trade policies.