Amid ongoing tensions with Iran, US President Donald Trump has called on Americans to tolerate slightly increased gasoline prices. During a rally in New York, he emphasized that paying “a tiny little bit more” at the pump is a necessary sacrifice to stop Iran from acquiring nuclear weapons. Trump also floated the idea of declaring the Strait of Hormuz “a territory of the United...
The United States has identified 38 nations along with the European Union as part of what it describes as a "shadow transshipment network." This network is purportedly facilitating Chinese goods, which are subject to steep US tariffs, to penetrate the American market via third-party countries. A detailed report, entitled "The Great Transshipment Scam," estimates that this potentially illicit activity could involve transactions worth around...