US President Donald Trump announced that retaliatory tariffs will go into force on April 2. The new tariffs will target imports from nations that have placed excessive charges on US goods to level the playing field and protect American industry. Trump presented his new reciprocal trade policy in mid-February to restore justice to global commerce….

China keeps its 5% economic growth goal and promotes innovation and domestic consumption. Beijing intends to implement fiscal measures, such as special treasury bonds and subsidies, to increase consumer demand and invest in high-tech companies in the face of U.S. tariffs and internal economic weaknesses. To combat deflationary pressures and offset the consequences of growing…

In an address to a session of Congress on Tuesday (local time), US President Donald Trumpaimedt India’s import taxes. Trump said, “India charges us auto tariffs higher than 100 cents,” referring to the country’s vehicle import taxes. The reciprocal tax will go into effect on April 2, Trump stated while speaking to a joint session…

With China’s economic growth target of about 5% for 2025, policymakers are expected to increase stimulus as they deal with a trade war with the United States. When Premier Li Qiang presented the government’s annual work report to the national parliament in Beijing on Wednesday morning, he made the announcement. China has kept that objective…

We have seen a dramatic change in the worldwide commercial scene in recent years. Global markets have been rocked by the US trade tariffs, which have negatively affected the economies of China and North America. As remote sensing and agricultural technology specialists, we at Farmonaut have been careful about these advancements and their profound effects…