A historic perspective on the US President’s tariff policy. By Michael Roberts * President Donald Trump implemented his new range of tariffs on US imports called reciprocal tariffs. In addition to those announced last Wednesday (Liberation day), Trump included an extra levy on Chinese imports in retaliation to China’s decision to impose a 34% tariff on US imports, which in turn was ...
On functions, history, weakness, and reasons of the decline of the currency. By Hakan Topkurulu Today, the foundation of the world economic system is the Atlantic system headed by the USA. The other countries at the top of this system are Italy, Spain, the Netherlands, Belgium, and other western European countries led by Germany and France, as well as the ...