Germany is considering imposing a 10% tax on major online platforms such as Google's parent company Alphabet (GOOG) and Facebook owner Meta (META), according to its new culture minister in an interview with Stern magazine.

By Tural Heybatov

With Donald Trump’s election as U.S. president, the world is once again bracing for economic upheaval. A new round of trade wars, reminiscent of Trump’s first term, promises to be even more intense and far-reaching. China — the United States’ primary economic rival — is once again at the forefront of this confrontation.