Recently, the global economic landscape is undergoing a series of significant changes.

In terms of trade policy, a new tariff policy has been implemented, involving over 90 countries. Among them, the tariff on India is as high as 50%, while a 100% tariff is imposed on foreign-made chips. This move could have a profound impact on the global trade landscape. Meanwhile, Japan is actively pushing for the swift implementation of the tariff reduction agreement reached with the United States to ease trade pressures.

The banking industry is also welcoming new developments. In South Korea, as the central bank suspended the pilot project for the central bank digital currency (CBDC), KakaoBank announced plans to enter the country's stablecoin sector, demonstrating the interest of fintech companies in the emerging digital currency market.

The Federal Reserve System in the United States is also facing personnel changes. A new Federal Reserve Board member is expected to be nominated before the end of this weekend to replace Adriana Kugler. In addition, the selection process for the chair of the Federal Reserve Board has entered its final stage, with the candidate pool narrowed down to four.

In the cryptocurrency sector, the Indonesian government met with Bitcoin stakeholders, indicating that the country's attitude towards crypto assets may be changing. This move has sparked speculation about Indonesia's future cryptocurrency policies.

These developments indicate that the global economy is in a period full of uncertainties. Adjustments in trade policies, shifts in central bank strategies, and the gradual integration of cryptocurrencies will all have significant impacts on the future economic landscape. Governments and businesses need to closely monitor these changes to formulate appropriate response strategies.