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Tariffs

Instead Of Defeating China, Trump Is Accelerating Its Rise

If you are not paying attention to the dramatic developments between China and the United States, you must understand that something consequential has just taken place. The US government is backtracking—if not altogether retreating—from the trade war and broader escalation it launched against China. Unlike the hyped language and repeated threats by President Donald Trump to impose massive “reciprocal tariffs,” to “decouple” the US economy from China, and to correct “the greatest theft of wealth in the history of the world,” the retreat is happening in hushed tones and coded diplomatic language.

Trump’s Economy Is Hurting Americans

President Donald Trump is boasting about the economy one year into his term. He claims that inflation has been defeated, growth is unprecedented, incomes are rising, and his tariffs are generating hundreds of billions for the U.S. economy. This is all hogwash, according to progressive economist Gerald Epstein, a leading global authority on macroeconomic policy and finance. In the exclusive interview for Truthout that follows, Epstein explains how, in reality, Trump’s policies have created an affordability crisis, and the growing deficit and humongous public debt are now bringing the country close to a tipping point.

Trump: ‘I Can Destroy Countries’

Reacting to a U.S. Supreme Court decision ruling his tariffs policy unconstitutional, U.S. President Donald Trump launched into an unhinged rant on Friday confirming that he considers himself above the law as any tinpot authoritarian leader would.   The court ruled 6-3 that the U.S. Constitution makes clear that only Congress can levy tariffs, which are really taxes, on the U.S. population. Thus Trump’s extensive tariffs, imposed since January 2025, are illegal and American consumers and companies are due a refund of around $200 billion, the court said. 

New Poll: Washington Viewed As ‘Unreliable Ally’ By Western Partners

A new poll shows that the US is losing credibility among its traditional western partners, who are beginning to view Washington as an “unreliable ally,” POLITICO reported on 12 February. Among Canadians, French, and Germans, “Far more people described the U.S. as an unreliable ally than a reliable one,” the US-based news outlet wrote, citing a poll conducted by London-based Public First. “American credibility was highest in the U.K., but only by comparison,” POLITICO added. Only 35 percent of respondents in the UK said the US was a reliable ally, while 39 percent said it was unreliable.

EU Leaders Convene Emergency Meeting Following Trump Threat

European Council President Antonio Costa announced on 18 January that EU leaders will convene an emergency summit in Brussels later this week, following US President Donald Trump's escalation of threats over Greenland by imposing tariffs to pressure Denmark into giving up the Arctic territory. “Given the significance of recent developments and in order to further coordinate, I have decided to convene an extraordinary meeting of the European Council in the coming days,” Costa wrote in a statement. He said all 27 EU leaders would attend the summit.

This Year In Labour: Workers Fight Back Despite Instability And Hardship

For workers and their families in Canada, the year has been rough. About one in five Canadians experience high financial pressure, according to data collected by the Angus Reid Institute. This financial pressure is driven by relatively high job insecurity, difficulty putting food on the table and higher debt levels. Many of these families are bracing for even more financial hardship in the new year, with 60 per cent expecting an increased level of difficulty in 2026. Thousands of Canadians are losing their jobs amid U.S. president Donald Trump’s tariffs and Prime Minister Mark Carney’s cuts to the public service.

Canadian Auto Isn’t In ‘Crisis’, It’s In Danger Of Extinction

Canadian autoworkers have faced many crises over the years, but the present threat is distinct. Lana Payne, President of Unifor, has warned that “If we don’t push back hard against him [US President Donald Trump] and against these companies, we’re going to lose it all.” So far, the debate over what to do has started and stopped with Trump’s tariffs. But the threats go deeper, both for auto companies and for our ability as workers and citizens to determine democratically what kind of society we want – that is, for Canada’s substantive and not just formal sovereignty.

China Surprised The US: Round One Goes To Beijing

In this episode, KJ Noh joins India & Global Left to break down the real meaning of the recent Xi–Trump talks — beyond the headlines. We explore why China surprised the United States, why “Round One goes to Beijing,” and what leverage each side truly holds in this evolving geopolitical contest. We also look at the deeper strategic competition shaping U.S.–China relations, the power shifts happening underneath the diplomacy, and what this moment means for the future of the Global South as more countries seek autonomy, multipolarity, and alternatives to the Western-led order.

From Tariffs To Tribute: The $350B Price Of ‘Parity’

On October 29, 2025, the carefully scripted pageantry of the US-ROK alliance in Gyeongju and Seoul met an unwelcome counter-narrative from the streets. While US President Donald Trump was being feted with a Silla-era replica gold crown and Korea’s highest honor, thousands of workers, trade unionists, farmers, students, and women’s collectives converged near the APEC venues. They chanted a unified dissent: “No kings!” and “No to APEC for the 1%”. Organizers framed the protest as a demand for the restoration of national dignity against what they saw as an act of economic coercion.

Trump Is Clearly Losing The Trade War With China, Which He Started

Donald Trump is losing the trade war against China, which he himself started. Trump held an important meeting with China’s President Xi Jinping in the South Korean city of Busan on 30 October. There, they came to a new agreement, which amounted to a one-year truce. The US government agreed to lift most of the punitive measures that it had imposed on China since April 2025, essentially bringing the situation back to what it was in January, when Trump entered office for his second term. Although this is not the end of the trade war, China clearly won this battle. The Financial Times (FT) noted that, “Unlike nearly 10 years ago, when Trump’s first trade offensive caught Beijing by surprise, this time a better prepared and economically more powerful China has been able to fight its once far mightier opponent to a standstill”.

United States Scrambles To Put Pressure On Nicaragua

“We were already struggling with 18% tariffs this year, I don't know how we could export our coffee under 100% tariffs,” René Gaitan tells me as we watch the clouds clear out over a breathtaking expanse of Nicaraguan landscape. The view from the El Porvenir worker-owned coffee cooperative stretches from Lake Managua up toward the Honduran border, dominated by the smoking crater of the Telica volcano. Gaitán is the vice president of the 51-family cooperative. The co-op is remote; its members hike eight kilometers to get the bus to the city of León, a three-hour ride away. But the news on 20 October that the U.S. may impose 100% tariffs on the Central American nation reached the co-op with the lightning speed of the internet on Gaitan's smart phone, charged by solar panels.

Canada Needs An Industrial Strategy That Serves Public Goods

Diversifying Canada’s economic strategy is essential in an era of tariff escalation and growing geopolitical volatility. Stellantis’s recent announcement that it’s heading south sent another Arctic chill to concerns over Canada’s industrial future. Billions in public subsidies are flowing to foreign multinational automakers, yet questions remain: Who benefits? What regions are being prioritized? And what kind of innovation are we actually funding? Last week Stellantis, formerly Chrysler, confirmed it would shift planned Jeep Compass production from its Brampton, Ontario plant to Illinois, part of a $13 billion expansion south of the border.

Trump Rattles Markets With New 100 Percent Tariffs On Chinese Goods

US President Donald Trump announced new 100 percent tariffs on Chinese goods on 10 October and threatened to cancel his meeting with President Xi Jinping. Trump said the levies would take effect on 1 November, describing them as “retaliation” for what he called Beijing’s “extraordinarily aggressive” actions. “It is impossible to believe that China would have taken such an action, but they have, and the rest is History,” he wrote on social media. He added that the new measures would target “any and all critical software” exports, accusing China of holding the world “captive” through its dominance of rare earth minerals. “There is no way that China should be allowed to hold the World captive,” he said.

The WTO And The Future Of International Trade

The current upheaval in international trade governance, with Trump’s return to the presidency, does not represent the death of global trade itself. But it does represent the final unraveling of the liberal institutional framework that emerged triumphant in the 1990s. The World Trade Organisation (WTO), as the institutional embodiment of this liberal paradigm, finds itself in a systemic crisis. Although the WTO crisis started before Trump’s two terms of office, what we see now is a critical moment which requires a fundamental reconceptualisation of international economic governance. The 1990s marked the zenith of liberal multilateralism in trade governance. It was characterised by unprecedented coordination among major powers pursuing market liberalisation.

Trump Wages Economic War On US Allies; BRICS Builds Alternative System

The US government has always had a very aggressive foreign policy. The United States has intervened in dozens of countries all around the world. But what is unique about Donald Trump is that many of his aggressive policies not only target US adversaries like China, Russia, Iran, Venezuela, and Cuba, but also longtime US allies. Trump has imposed high tariffs that have hurt the economies of key US allies such as Japan, South Korea, and Europe. In fact, the details of the agreement that Trump imposed on Japan are quite shocking. This was reported on by the Financial Times, which wrote that “Japan confronts the increased price of US friendship”. Although I would say it’s not so much “friendship”; rather it’s vassalage. Japan has been militarily occupied by the US for 80 years, and we’re now seeing the cost of this imperial relationship.
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