Decades after independence, the Philippines lacks the kind of factory economy that has lifted up other Asian nations, tying millions to farm work.
Tag: International Trade and World Market
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Trump’s 2025 Trade Agenda: A New Tax on Imports and a Split from China
Donald J. Trump plans to sharply expand his use of tariffs if he returns to power, risking disruption to the economy in an attempt to transform it.
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Red Sea Shipping Halt Is Latest Risk to Global Economy
Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.
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How China Is Profiting From Trade With Russia
The country’s trade with Russia this year has exceeded $200 billion, and makers of cars and trucks are the big winners.
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Blocked by Polish Truckers, Ukraine Turns to the Black Sea to Boost Trade
The blockade at the border with Poland has crippled Ukraine’s land trade. But a new Black Sea route is providing an economic lifeline.