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Sony’s latest PlayStation 5 price hike has stirred global headlines as the gaming giant responds to fresh economic pressures. On Monday, the company announced a 25% increase in the price of its PS5 digital edition across the UK, Europe, and Oceania. This move follows the ripple effects of new tariffs introduced by U.S. President Donald …
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Despite widespread global concern, Pakistan appears to be relatively insulated from the fallout of global tariffs recently imposed by the United States. According to Aqeel Karim Dhedhi, chairman of the Karachi-based AKD Group, the country has not faced the same level of economic disruption as others. In an interview with Reuters on April 9, Dhedhi …
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In a turbulent start to the week, the KSE-100 Index at the Pakistan Stock Exchange (PSX) plummeted by nearly 3,900 points on Monday. The dramatic drop was fueled by rising fears over global trade tensions, particularly the reintroduction of Trump-era tariffs, along with growing uncertainty surrounding domestic economic policies. Sharp Losses Shake Investor Confidence The …
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Trump tariffs impact is being felt across global markets as tensions between the US and China intensify. President Donald Trump’s latest move to impose 10 percent tariffs on imports from several countries, including China, has rattled financial markets and drawn fierce criticism from global leaders. China Urges the US to Back Down China responded swiftly, …
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The latest trade tariffs announced by U.S. President Donald Trump are shaking up global markets, drawing backlash from allies while giving China an unexpected advantage. The new import taxes will heavily impact industries across Europe, Asia, and Africa, forcing governments to rethink their trade policies. Europe: Strong Opposition but Avoiding Escalation The European Union (EU) …
Continue reading “Global Reactions to Trump’s Tariffs: Punishment or Strategic Advantage?”
U.S. President Donald Trump has announced a 25% tariff on steel and aluminium imports, a decision expected to impact global trade. The move, part of his tariff policy, aims to protect American industries but could spark tensions with key trading partners, including Canada and the European Union. New Tariffs on Steel and Aluminium Speaking aboard …
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