The tax-to-GDP ratio shows how much tax a country collects compared to the size of its economy. Among the G7 nations, France has the highest tax-to-GDP ratio...
Category - Economy
According to the IMF, the global GDP has surpassed approximately $115 trillion. This massive economic output is dominated by two major economic blocs: the G7...
According to the International Monetary Fund (IMF), the world’s total gross domestic product (GDP) has reached approximately $115 trillion. Of this total GDP...
The United States has long been facing trade deficits with its major trading partners. This means that the US imports far more goods than it exports to these...
South Asia is one of the fastest-growing regions in the world. According to the World Economic Situation and Prospects 2025, the region is projected to grow at...
Trade between the U.S. and Asia has grown to billions of dollars annually. However, the US continues to face the high trade deficit with major Asian countries...
One of Trump’s key economic policies is the use of tariffs aimed to protect U.S. industries and strengthen the economy. After beginning his second term as...
The trade relationship between the United States and China has been a topic of debate, especially over the past decade. The US has consistently run a trade...
The U.S.’s top trading partners, Mexico, Canada, and China, account for over 40% of the total goods traded, which are worth more than $2 trillion. Trump...
President Trump has implemented a 25% tariff on all goods from Canada and Mexico, along with an additional 10% tariff on Chinese goods. He has temporarily...
