With a review imminent, the country faces more than the risk of remaining greylisted. Outdated, costly global money transfers are undermining competitiveness, increasing trade risks and deterring investment

Trade Minister Parks Tau said the US’s 30% tariff on exports has necessitated a balanced response between renegotiation, trade diversification and protection from an import surge

American consumers and workers will feel the pain induced by the tariffs imposed on countries around the world

The economic fallout includes a risk of US recession and global trade network disruptions, but history shows that patient investors may be rewarded as market volatility settles and rebounds take shape.

His tariff plans promise economic benefits, but economists warn they could raise consumer prices, increase inflation, and disrupt global trade