29/01/2026, 10:23
Europe faces double whammy
Europe faces a double whammy of trade threats from US tariffs and Chinese export redirection.
Europe faces a double whammy of trade threats from US tariffs and Chinese export redirection.
The US dollar has fallen by close to 10% in trade-weighted terms from the 20-year peak that we saw last October.
The US dollar has the upper hand at the moment with other currencies hit by what can be called a double whammy.
Businesses in Vietnam are facing new challenges brought by the Russia – Ukraine conflict in addition to lingering COVID-19 problems.