Tag: GlobalTrade
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From K-Pop to GDP: Korea’s New Growth Engine
South Korea’s early bet on culture is paying off. Inspired by the success of Jurassic Park, policymakers saw its economic power decades ago. In 2025, K culture exports hit 37.94 billion dollars, becoming the fourth largest export sector amid global trade risks.
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Michigan Farmers Hit by $167M Tariff Loss
Michigan farmers could lose $167M in 2025 as tariffs raise costs and disrupt trade. Rising prices and retaliatory tariffs hurt profits, but local programs are helping farmers adapt and keep supply chains running.
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Fast Fashion’s End Has Been Greatly Exaggerated
Fast fashion may have taken a hit from the U.S.–China trade war, but the industry quickly shifted gears, finding new markets and suppliers. Labor abuse and environmental damage remain widespread across brands, not just in China. Real change needs global rules, cleaner production, and political will—not just higher prices.