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GLOBAL ECONOMY

Illustration by Dongyan Xu showing Donald Trump in profile wearing a red MAGA hat, with his face forming a wall where small figures climb across American flag-patterned bricks, symbolizing his trade policies and border stance

Trade war blunders: Two Goliaths with black eye

In what amounts to economic mutually assured destruction, the U.S. and China are locked in a spectacular trade standoff that resembles two heavyweight boxers punching themselves in the face to intimidate each other

A large container ship docked at a port, partially obscured by thick fog. Blue gantry cranes tower above, ready for loading and unloading. Stacks of shipping containers sit on the vessel’s deck, while trucks and port equipment line the waterfront. The overcast sky and misty atmosphere create a sense of uncertainty, mirroring the challenges in the global shipping industry

Stormy horizon for ocean shipping giants

The golden days of high freight rates are over. Overcapacity, trade tensions, and shifting alliances have turned the tide for the world’s largest ocean carriers. Can they stay afloat?

Exhibition with large portraits of Chinese President Xi Jinping, surrounded by images of public engagements, with silhouetted visitors observing

Editorial #5

Donald Trump’s second term starts with diplomatic surprises—an invitation to Xi Jinping, delayed TikTok ban enforcement, and trade talks. Will rhetoric turn into action, or are we entering a new era of uncertainty?