want to become wealthy.

Steel Tariff War ― Shockwaves Across the Global Supply Chain --- Introduction ― Why Steel Has Once Again Become a Weapon of Trade Steel is not just an industrial material. It is the backbone of economic growth and national security. From automobiles and shipbuilding to construction and defense, every modern industry rests on steel. A nation’s industrial competitiveness and employment stability are deeply tied to its steel sector. In the 2020s, a combination of carbon regulations, supply chain restructuring, and rising protectionism has pushed steel back to the frontlines of global trade disputes. By 2025, with both the United States and the European Union announcing sharp increases in steel tariffs, uncertainty now hangs over the entire global steel market. --- Part 1. The United States ― The Bold Move to a “50% Tariff” 1. Background of the U.S. Tariff Hike In June 2025, the U.S. government shocked the market by doubling tariffs on imported steel and aluminum, from 25% to 5...

The Shaking Dollar Hegemony ― Will It Lose Its Crown? --- Part I. How Did the Dollar Rise to the Throne? When we talk about today’s global economy, it is impossible to leave out the U.S. dollar. The dollar is not just a currency; it functions as the language of international trade and the unit of measurement for investors. According to the 2024 report by the Bank for International Settlements (BIS), 88% of global foreign exchange transactions involve the U.S. dollar. For comparison: the euro accounts for 31%, the Japanese yen 17%, and the Chinese yuan 7%. Even when combined, they do not reach half the share of the dollar. This means that whether it’s an investor in New York, a commodity trader in Brazil, a business owner in Africa, or an exporter in South Korea, global trade is almost impossible without using the dollar. But when, and how, did the dollar ascend to this “throne”? --- 1. The Bretton Woods System ― The Marriage of Gold and the Dollar In 1944, as World War II w...