Dhaka, March 25 -- The United States, as the world's largest economy and a key geopolitical power, plays a vital role in maintaining global economic stability. Leadership transitions in the US influence global trade, financial markets, and international relations, with policy shifts in tariffs, taxation, trade, climate regulations, and monetary policies having widespread effects, according to the latest editorial in the News Bulletin (Jan-March 2025) of the International Chamber of Commerce-Bangladesh (ICCB), released today (Tuesday).

The editorial highlights that past leadership changes have significantly impacted global economic conditions. For instance, a protectionist trade stance during Donald Trump's presidency strained US trade re...