U.S. National Economic Council Director Kevin Hassett indicated that while U.S. President Donald Trump’s decision to pause tariff imposition wasn’t directly influenced by the volatile bond market, it […]
China Imposes 84% Tariff on U.S. Imports, Yuan Plunges to Multi-Year Low
A new round of trade tensions between the US and China has escalated with Beijing imposing a blanket tariff of 84% on all goods from the U.S., triggering […]
Trump Delays Tariffs, China’s Tariff Rate Jumps to 125%
President Trump has extended a temporary reprieve from tariffs for most countries, aiming to alleviate international tensions and ease economic strain. This decision postpones the implementation of tariffs […]
Trump’s Equal Tariff Policy Triggers Stock Market Downturn, Spurs Interest in Offshore Crypto
President Trump’s new equal tariff policy has sent shockwaves through global trade markets, causing a significant drop in stock indices such as the Dow and Nasdaq. While aimed […]
Trump’s New Tariff Policy Sparks Global Trade Uncertainty and Crypto Volatility
President Trump’s unveiled a new tariff policy that targets 90 countries, potentially impacting global markets significantly. This policy, dubbed ‘Reciprocal,’ aims to counter restrictive trade practices by imposing […]
Bill Ackman Advocates for Tariff Delay, Highlights Time Constraints in Trade Agreement Negotiations
Wall Street investor Bill Ackman has called for a temporary suspension of tariffs, proposing a delay ranging from 30 days to 90 days. In his recent social media […]
Seven GOP Senators Seek to Limit Trump’s Tariff Powers
On October 10, 2023, seven Republican senators introduced a bill aiming to restrict former President Donald Trump’s ability to impose tariffs unilaterally. This move seeks to restore congressional […]
Christopher Waller Calls for Moderation in Tariff Discussions Amid Global Negotiations
Federal Reserve official Christopher Waller advocates for a cautious approach to tariffs during global negotiations, citing historical data that indicates limited inflationary impact. This suggests a shift toward […]
Will Trump Postpone Tariff Decisions? Bill Ackman Hints at Potential Delay
Investor Bill Ackman has suggested that President Trump may delay decisions regarding import tariffs due to ongoing international negotiations. Ackman’s comments come amid growing economic instability and market […]
U.S. Commerce Secretary Calls for Tariffs on Penguin Island to Prevent Exploitation
U.S. Commerce Secretary Lutnick has proposed adding Penguin Island to the existing tariff scope, aiming to prevent countries from using it as a loophole in trade practices. This […]
Trump’s Tariff Proposal Sends Markets into a Tailspin, Investors Look to Economic Data for Clarity
Market instability has gripped the world following U.S. President Donald Trump’s announcement of a new tariff proposal, prompting investors to worry about global growth and sending stock markets […]
Banking Stocks Plummet as Tariffs Trigger Recession Fears
Major U.S. banks are facing significant declines in today’s trading session, mirroring broader concerns about a potential recession fueled by escalating tariffs. The latest tariff announcements have sent […]
Lawmaker Proposes Withholding Starlink Services as Pressure on US Over Tariffs
In response to President Trump’s imposition of tariffs on India, Indian lawmaker Raghav Chadha has proposed a strategy involving withholding Starlink services from the country as leverage. Chadha, […]
Trump Aims for Cost Reduction Amid Tariff Expansion
White House Press Secretary Levitt revealed that U.S. President Donald Trump is prioritizing cost reduction measures while simultaneously implementing tariff increases. This policy shift aligns with the administration’s […]
White House Sets Implementation Dates for Tariff Rates
The White House has officially announced the implementation dates for its tariff rates. According to a recent announcement by Odaily, these tariffs will come into effect on April […]