Skip to main content

Featured

Your daily horoscope: May 9, 2025

  IF TODAY IS YOUR BIRTHDAY A change of direction is a must this year as you have reached the end of your current journey and need a new challenge. Make a break with the past and make it one that cannot be reversed. Move forward fast and don’t look back. ARIES (March 21 - April 20): Someone you meet on your travels will catch your eye and maybe your heart as well. If it’s true that opposites attract you could find yourself getting close to someone whose charms are very different to your own – and remarkably the relationship will work. TAURUS (April 21 - May 21): Someone you think of as a friend will say something today that annoys you intensely. It may be the case though that they can see things that you cannot, so be open to what they tell you. They could be doing you a very big favor. GEMINI (May 22 - June 21): If you listen too much to other people’s advice today you could end up facing in several directions at once and ultimately getting nowhere. Pay attention to what friends a...

article

Trade War Escalates: China Strikes Back at U.S. Tariffs

China has retaliated against U.S. President Donald Trump's decision to increase tariffs on Chinese goods to 145%, raising its own tariffs on American imports to 125%. This tit-for-tat escalation has intensified the trade war between the world's two largest economies, sending shockwaves through global markets.

The turmoil has left foreign leaders grappling with the disruption to international trade and supply chains. Stocks have plummeted, the dollar has weakened, and U.S. government bonds have faced a sell-off. Gold, often seen as a safe haven during economic uncertainty, has reached record highs.

While Trump expressed hope for a deal with China, the uncertainty has fueled fears of a global recession. China's Finance Ministry has condemned the U.S. tariffs as "unilateral bullying and coercion," signaling that Beijing is prepared to fight to the end.

The escalating trade conflict underscores the fragility of the global economy and the challenges of navigating such high-stakes negotiations. What do you think about this unfolding drama?

Comments

Popular Posts