China’s Economic Power

Danish Intelligence Accuses US of Leveraging Economic Power Over Allies

The Danish Defence Intelligence Service (DDIS) has identified the US as a threat, marking the first time the country has been listed as such. The report highlights the US’s use of economic and technological power to exert influence, including against allies. The increased competition between superpowers, particularly in the Arctic, poses a specific threat to Denmark, especially concerning Greenland. While acknowledging the US as its closest ally and guarantor of European security, the report also warns of the uncertainty surrounding the US’s future role, which could embolden Russia.

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Trump Threatens 50% China Tariff Hike Amidst Retaliation

Trump’s threat to impose an additional 50% tariff on Chinese goods in response to China’s 34% retaliatory duty is a reckless gamble with potentially devastating consequences. The sheer magnitude of the proposed tariff increase – a 50% hike on top of existing tariffs – underscores the escalating nature of this trade war and raises serious concerns about its impact on the American consumer. Many are questioning whether this escalation is anything more than market manipulation designed to benefit Trump and his allies.

The casual dismissal of the potential economic fallout suggests a detachment from the realities faced by ordinary Americans. The rising cost of goods, already exacerbated by previous tariffs, will likely further strain household budgets, causing irreversible harm to consumer purchasing power.… Continue reading