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It was on the cards. For weeks, Jack Ma, the digital tycoon of China, founder of Ant and of e-commerce giant Alibaba (the Chinese Amazon), disappeared off the radar after he was summoned by the Chinese Government and most likely lectured on the fact that his company was out of step with official Chinese policy. Consequently, the Government levied a multi-billion dollar antitrust fine against Alibaba, deleted its popular web browser from app stores and took several other actions against the company. more
In January 2025, President Donald Trump -- now serving his second non-consecutive term -- unveiled a sweeping tariff regime designed to recalibrate America's global trade relationships. Among the measures was a blanket 10% tariff on all imported goods, accompanied by higher, so-called "reciprocal" tariffs targeting specific regions: 20% on EU imports and a dramatic 145% on goods from China. While these heightened rates were temporarily paused on April 9, 2025, for 90 days (excluding China), the 10% baseline tariff remains broadly in effect, symbolizing a shift toward an overtly protectionist economic doctrine. more
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