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Foreign Exchanges
The Week in Review: February 1-7, 2025
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FX Week in Review

The Week in Review: February 1-7, 2025

Trump proposes US takeover of Gaza, China responds to new tariffs, and more

Ryan Gunnarson
Feb 08, 2025
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Foreign Exchanges
Foreign Exchanges
The Week in Review: February 1-7, 2025
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Donald Trump proposed US control of Gaza during a Tuesday meeting with Israei Prime Minister Benjamin Netanyahu, while also dismantling USAID’s humanitarian operations in the territory. The Trump administration announced sweeping tariffs on Canada, Mexico, and China, though quickly suspended the North American duties after border security concessions. M23 rebels in the DRC declared then broke a ceasefire, capturing the mining town of Nyabibwe. China retaliated against US tariffs with targeted measures, including rare earth export controls. In Sudan, the military advanced on RSF positions in Khartoum, while an RSF artillery strike killed over 50 civilians in Omdurman.

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A guest post by
Ryan Gunnarson
Undergraduate in the Henry M. Jackson School of International Studies at The University of Washington, Seattle
© 2025 Derek Davison
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