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The Atlantic (April 7)

2025/ 04/ 09 by jd in Global News

“In his quest to make America great, President Donald Trump is withdrawing the United States from global trade. American families, companies, and investors will pay a price for this…. But the repercussions don’t end there. The tariff regime is also destroying a pillar of American global power, and it will further isolate the country at a moment when others stand ready to fill the vacuum.”

 

New York Times (June 6)

2024/ 06/ 07 by jd in Global News

Office building losses are starting to “pile up, and more pain is expected.” The culprits? Weak demand for office space and interest rates and other costs that are higher than in many years. “The repercussions could extend far beyond the owners of these buildings and their lenders. A sustained drop in the value of commercial real estate could sap property tax revenue” that cities depend on and “hurt restaurants and other businesses that served the companies and workers who occupied those spaces.”

 

Reuters (February 4)

2023/ 02/ 05 by jd in Global News

“The global trade war is taking an unexpected turn. Beijing may ban the export of technology used to make solar panels, an industry which China dominates by controlling at least 75% of its global supply chain. That has repercussions for the West’s drive to create its own green energy industry.” Any such move is more likely “to slow, not halt” the West’s solar push. “Losing access to Chinese solar technology, such as furnaces for melting silicon, would not be an insurmountable problem.”

 

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