Luck or not? Ever since President Donald Trump introduced his first round of new tariffs, it’s been a waiting game to see just how much they’ll impact the global economy. This week, one of the earliest signs was revealed — and it wasn’t pretty. South Korea’s Customs Service reported that exports for the first 20 days of April declined by 5.2% compared to the same period last year. That singular data point is a “key bellwether” for where trade is heading, Min Joo Kang, a senior economist at ING, said in a note on Monday. Nursing Jobs up to $96/hr job.incrediblehealth.com Nursing Jobs up to $96/hr Ad The decline in exports came after Trump enacted a 25% tariff on all aluminum, steel and auto imports. All other South Korean imports were also briefly subject to a 25% “reciprocal” tariff before Trump delayed it until July. Instead, imports from there are subject to a nearly universal 10% tariff. That was evident in the data, which showed that car and steel shipments fell 6.5% and 8.7%, respectively, year over year for the first 20 days of April. Overall exports from South Korea to the US declined by 14.3% from last year. The bright spot was semiconductor exports, which rose 10.2% compared to last April. Semiconductors remain exempt from US tariffs, but Trump has said he aims to implement tariffs as high as 25% on the product. For now, the South Korean data suggests that “US tariffs are complicating global trade dynamics,” Kang said. Vehicles produced by South Korean automaker Kia Motors are lined up ready to be shipped at the Port of Pyeongtaek on April 3. - Chung Sung-Jun/Getty Images Vehicles produced by South Korean automaker Kia Motors are lined up ready to be shipped at the Port of Pyeongtaek on April 3. - Chung Sung-Jun/Getty Images Tubes are stacked inside a small metal fabrication plant in Seoul, South Korea, on February 11. - Jeon Heon-Kyun/EPA-EFE/Shutterstock Tubes are stacked inside a small metal fabrication plant in Seoul, South Korea, on February 11. - Jeon Heon-Kyun/EPA-EFE/Shutterstock But things can often change on a month-to-month basis, so it might be too early to jump to any conclusions, cautioned Lee Branstetter, an economics and public policy professor at Carnegie Mellon University. It is, however, “reasonable to attribute part of the export decline to the Trump-related disruptions in trade,” he told CNN. Irina Gorbman Fine Art Morning Awakening Original Oil On Canvas By Irina Gorbman - Wall Art In Yelloworangepurple | Size 36" H X 60" W | IGAT1027 Perigold Irina Gorbman Fine Art Morning Awakening Original Oil On Canvas By Irina Gorbman - Wall Art In Yelloworangepurple | Size 36" H X 60" W | IGAT1027 Ad Branstetter, who previously served as senior economist for international trade and investment on former President Barack Obama’s Council of Economic Advisers, said he expects forthcoming trade data from other American trade partners to paint a similar picture. But those changes might not show up as fast because it can take a while for new tariffs to manifest in trade data, he added. Nevertheless, the International Monetary Fund is warning global economic growth will slow to 2.8% this year from the 3.3% rate it predicted last year, according to new forecasts released Tuesday. The slowdown expected in the United States was even steeper, with its economy likely to grow only 1.8%, compared with a 2.8% expansion in 2024. The IMF cited “trade tensions and extremely high levels of policy uncertainty” as reasons for the downward revisions. Forthcoming trade data likely won’t be cut and dry The chaos that’s ensued from Trump’s on-and-off tariffs makes it increasingly hard to draw firm conclusions from forthcoming trade data. Lakefront & Hot Tub Rentals - Lakefront & Hot Tub Cabins bigbearcoolcabins.com Lakefront & Hot Tub Rentals - Lakefront & Hot Tub Cabins Ad For starters, it’s possible that some countries’ data will show exports to the US increased this month as businesses sought to take advantage of the “reciprocal” tariff pause. Another major factor at play is the overarching uncertainty from Trump’s trade policies. For instance, the president recently claimed he’s negotiating deals with other nations, which he said could be finalized in a matter of weeks. At the same time, he’s also threatened new tariffs. That uncertainty could be causing businesses to pause international orders altogether. That means some countries’ exports could decline, said Branstetter. For instance, one toy company CNN spoke with earlier this month said it stopped ordering goods from China over fears tariffs will continue to rise. The trade picture for South Korea and the US could change, however, if talks between the two nations are sucessful. South Korean Finance Minister Choi Sang-mok and Trade Minister Ahn Duk-geun are set to meet with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer on Thursday. The Trump administration has said it wants to prioritize trade deals with allies like South Korea. For more CNN news and newsletters create an account at CNN.com
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AntisemitismCanada In 2026, Tulsa And Panama Are Courting Canadian Jews As Antisemitism Redefines The Cost Of Staying As antisemitism reaches unprecedented levels across Canada, Jewish families and professionals are quietly reassessing their futures, and some are being actively courted elsewhere. Ron East By: Ron East December 31, 2025 SHARE A growing number of Canadian Jews are exploring relocation options A growing number of Canadian Jews are exploring relocation options as antisemitism intensifies and confidence in public protection erodes. (Image: Illustration.) TORONTO — For generations, Canada sold itself as a country where Jews could thrive without constantly looking over their shoulders. That assumption no longer holds for a growing number of Canadian Jews, particularly in the aftermath of October 7 and the months that followed. What has changed is not only the number of antisemitic incidents. It is the atmosphere. Public hostility has been normalized. Jewish schools, synagogues, and community centres operate under permanent security protocols. Anti-Jewish intimidation is increasingly framed as political expression. Enforcement is inconsistent. Accountability is rare. When Jewish life requires constant risk assessment, mobility stops being a luxury. It becomes a rational act of self-preservation. That reality helps explain why, in 2026, two very different destinations, Tulsa, Oklahoma, and Panama, are appearing with growing frequency in serious conversations among Canadian Jews who have the means and flexibility to move. This is not a panic migration. It is a strategic recalculation. Canada’s new warning lights Jewish Canadians represent a small fraction of the population, yet account for a vastly disproportionate share of reported hate crimes. This is not a perception problem. It is a documented pattern. More troubling than the statistics themselves is the message many Jews hear in response: concern, sympathy, and context, but little deterrence. Protests that spill into harassment are tolerated. Jewish institutions are targeted repeatedly. Antisemitism disguised as antizionism is parsed endlessly rather than confronted directly. The result is a slow erosion of confidence in the state’s willingness or ability to enforce equal protection. When a community moves from assuming it belongs to hoping nothing happens today, the social contract has already been fractured. It is within this context that Tulsa and Panama are not merely attracting attention but actively courting. Lech Le’Tulsa and intentional Jewish welcome Tulsa is not presenting itself as a refuge city. It is presenting itself as a place that wants Jewish life to grow. In 2026, that effort has taken concrete form through Lech Le’Tulsa, a Jewish-focused relocation initiative designed to attract Jewish families, professionals, and entrepreneurs to the Tulsa area. The program combines relocation assistance with intentional community building and access to Jewish infrastructure. The name is deliberate. Lech Lecha, the biblical call to go forth and build a future, is not branding by accident. It speaks directly to a Jewish historical instinct that understands movement not as retreat, but as agency. Lech Le’Tulsa offers what many Canadian Jews increasingly feel is missing at home: A clear signal that Jewish presence is welcomed, not merely accommodated Immediate access to synagogues, schools, and Jewish communal life A civic environment where Jewish identity is not treated as a liability The financial incentives matter, but the social architecture matters more. Tulsa is offering a landing ramp. It is saying, we are prepared for you to arrive. That clarity stands in stark contrast to the ambiguity Canadian Jews experience when their safety concerns are acknowledged but endlessly deferred. Panama and the appeal of optionality Panama represents a different but equally rational response to insecurity. For Canadian Jews with international mobility, Panama offers residency pathways tied to investment, business activity, or long-term economic contribution. It also offers something increasingly valuable: optionality. Panama has an established Jewish community, a comparatively lower cost of living, and an immigration framework that openly courts skilled and capital-carrying residents. For some, it is a permanent relocation. For others, it is a second base, a contingency plan, or a future passport pathway. What matters is not the destination itself, but the logic behind the choice. When Jews seek second options, they are not rejecting diaspora life. They are applying historical lessons. Jewish continuity has always depended on redundancy, resilience, and the ability to move before crisis becomes catastrophe. The Zionist lens Canadians prefer to ignore Zionism does not deny the legitimacy of diaspora life. It insists that Jews must never be dependent on the goodwill of others for safety or equality. That lesson was written in blood long before the modern State of Israel existed. Israel institutionalized it at a national level. Individual Jews apply it on a personal level. When Canadian Jews explore Tulsa or Panama, they are not abandoning Canada in anger. They are responding rationally to warning signs. They are building leverage. They are ensuring their children have options. This is what Zionist consciousness looks like outside Israel. It is quiet, pragmatic, and unsentimental. An indictment Canada should take seriously Tulsa and Panama are not superior societies. They are intentional ones. Tulsa is saying, we want contributors, and we are prepared to integrate them. Panama is saying, we want residents and investment, and we have clear legal pathways. Canada, too often, is saying something else entirely: we are sorry you feel unsafe, but the politics are complicated. A serious country does not treat antisemitism as a public relations challenge. It treats it as a threat to civic order. That requires enforcement, deterrence, and moral clarity, including the willingness to name antisemitism even when it hides behind fashionable political language. Until that happens, Canada should not be surprised when Jews quietly explore exit ramps. The bottom line In 2026, the fact that Tulsa and Panama can plausibly court Canadian Jews is not an oddity. It is a warning. When antisemitism reaches levels that fundamentally alter how Jews calculate their futures, movement becomes strategy. History teaches Jews to act before apologies arrive too late. Canada still has time to reverse this trajectory. But time matters. And Jews, having learned this lesson repeatedly, are no longer inclined to wait.
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