GlobalCommerce

Trump Administration's Tariffs Threaten U.S. Services Trade Surplus with China

26 days ago

The ongoing tariff battle initiated by former President Donald Trump is increasingly putting the United States' services trade surplus with China at risk. The tariffs, aimed primarily at goods, have unintended consequences for the flourishing services sector, which has historically contributed significantly to the U.S. economy.

Trump Considers Tariffs in Response to Global Digital Taxes Targeting Big Tech

2 months ago

In a move that could significantly impact international trade, former President Donald Trump is reportedly contemplating the imposition of tariffs as a countermeasure against new digital taxes being introduced by various countries. These taxes, which have drawn criticism from major technology firms, particularly American giants, have become a contentious issue at the intersection of global commerce and digital innovation.

Revolutionizing Transactions: Citi and Mastercard Collaborate on Cross-Border Debit Card Payments

7 months ago

In a significant move towards enhancing global financial transactions, Citi and Mastercard have announced their partnership focused on providing a seamless experience for cross-border debit card payments. This collaboration aims to simplify the way consumers can manage international transactions, minimizing hassle and enhancing convenience.