#Politics# | In August 2026, US President Donald Trump imposed 10%–12.5% Section 301 tariffs on major partners, including #China# and #ASEAN#. However, Dr. Lili Yan Ing, Secretary General of the International Economic Association, stresses that these tariffs will fail. Tariffs cannot fix US trade deficits—which hit $1.24 trillion in 2025—or inequality. Instead, passed-on costs will fuel US inflation, while 25 states are already suing the administration. Echoing Nobel laureate Joseph Stiglitz, Ing advises "no deal," urging China and ASEAN to ignore demands, strengthen regional supply chains, and leverage tech advantages. @IEA_economics The full text: #GlobalTrade# #Economy# #US#

Tebogo Moropa Zero-tariff policy shortens customs clearance, cuts trade costs, and creates new market opportunities for African producers. Yordanos Solomon Calls for Chinese investment in local factories to bring down prices and lower living costs for young people. Hailab Amaha Easier exports to China expand market access for African products and provide China with quality goods—a win-win. #ChinaAfrica# #WinWin# #GlobalTrade#

Global trade moved onchain this week powered by $INJ POSCO International and LG CNS selected Injective for their first blockchain trade finance PoC, then completed a transaction backed by receivables from real commercial activity. Below are some of the top developments that happened on Injective from the past week ⤵️ 🟪 POSCO International and LG CNS selected Injective for their first onchain trade finance pilot and completed a transaction using receivables from real commercial activity. 🟪 The latest Injective mainnet upgrade is officially live with new interoperability routes, lower block times, optimized $INJ staking, and new onchain revenue rails. 🟪 Native USDC deposits and withdrawals are officially live on @krakenfx, letting users move Circle's $USDC directly between Kraken and Injective. 🟪 The Injective AI Agent SDK is officially live, letting builders install the stack with one command and move from docs research to chain queries and onchain execution inside one workflow. 📊 Key Stats 🟪 Injective block times now run below 0.6 seconds on mainnet after the latest upgrade. 🟪 @HelixMarkets recorded $184 million in 7 day volume and reached $79 billion in cumulative volume across its onchain markets. 🌐 Ecosystem News 🟪 The official @Bitwise validator is live, giving anyone a direct path to stake $INJ through Injective Hub or a Ledger wallet. 🟪 The research team at @FourPillarsFP is now live as an institutional validator on Injective with 99.9%+ uptime. 🟪 The Injective Nova Program Demo Day with @Microsoft closed with 10 finalists pitching AI and Web3 projects. Build the New Internet Economy with us 🥷