Trump’s tariff plan aims to reshape U.S. industries, focusing on pharmaceuticals, semiconductors, and steel. / Picture ⓒ Reuters Trump's Tariff Strategy: A Deep Dive into U.S. Industry Impact Donald Trump’s economic vision focuses heavily on re-shaping the U.S. manufacturing landscape through the strategic use of tariffs. The plan targets crucial industries such as pharmaceuticals, semiconductors, steel, and military-related materials. In doing so, Trump aims to reduce reliance on foreign suppliers, especially from China, and bolster American self-sufficiency in sectors vital for national security and economic strength. The Role of Pharmaceuticals in Trump's Economic Strategy One of the critical components of Trump’s tariff strategy is addressing the pharmaceutical sector. The U.S. is highly reliant on imported medicines, particularly from China and India. These imports often account for a significant portion of generic drugs. By imposing tariffs on foreign pharmaceutical ...

Trump’s push to reclaim the Panama Canal escalates tensions with Panama and China / Picture ⓒ AP Trump’s Panama Canal Statement: Global Tensions and Reactions The Panama Canal, a pivotal global trade route, has become the center of a new political firestorm following President Donald Trump’s recent comments. On January 20, 2025, Trump announced his intentions to reclaim control over the Panama Canal, a waterway he claims is under Chinese influence. This bold declaration has sent shockwaves through international diplomatic channels and raised concerns about the future of US-China relations. Trump’s Renewed Focus on the Panama Canal The Panama Canal has long held strategic importance, not only for global trade but also for military logistics and geopolitical leverage. Trump’s statement marks a dramatic turn in US foreign policy, particularly regarding its stance on the canal, which has been under Panamanian control since 1999. This bold move reflects Trump’s persistent focus on addr...