The Trump administration is considering imposing tariffs on Chinese oil purchases from Russia, potentially altering global trade dynamics and impacting energy markets. This action follows a 25% tariff […]
Trump Announces New Tariffs on Steel and Semiconductor Chips
President Donald Trump has announced a new round of tariffs targeting steel and semiconductor chips, aiming to bolster domestic manufacturing. The tariffs are part of the U.S. government’s […]
Trump Meets Putin: Crypto Market Faces Uncertainty Amidst Rising Tariffs
Former President Donald Trump’s meeting with Russian president Vladimir Putin amid rising tensions surrounding cryptocurrency markets has left the industry in a state of uncertainty. The meeting, which […]
Taiwan Adjusts Economic Outlook Amid US Tariffs
Taiwan is facing adjustments to its 2025 economic outlook following the imposition of US tariffs on exports, impacting trade negotiations and supply chains. The new 20% tariffs by […]
U.S. Tariffs Drive July Inflation Surge, Impacting Markets
A recent surge in the Producer Price Index (PPI) highlights the impact of U.S. tariffs on inflation. The PPI rose 3.3% year-on-year in July, driven primarily by tariffs […]
Brazil Allocates $5.5 Billion to Combat U.S. Tariffs
Facing new U.S. tariffs, Brazil is deploying $5.5 billion in credits to help exporters. Brazilian President Lula announced this aid program targeting industries heavily impacted by the increased […]
Chicago Fed’s Goolsbee Highlights Inflation Concerns, Hints at Rate Cuts Ahead of September Meeting
Chicago Federal Reserve President Austan Goolsbee expressed concerns about the potential inflationary impact of tariffs and uncertainty surrounding the U.S. labor market’s direction. In a pre-FOMC meeting statement, […]
Tariff Revenues Soar as Markets Surge to Record Highs
U.S. stock markets have experienced a significant upswing, driven by the surge in Bitcoin prices. The unprecedented rise of Ethereum has pushed the market past $4,500, and this […]
U.S. Extends Trade Truce with China: 90-Day Deadline Looms
The United States has extended its truce with China on tariffs, setting a new deadline of November 10th to avoid automatic tariff increases. This extension, announced by President […]
Trump Pressuring Goldman to Fire Economist over Tariff Predictions
President Donald Trump has pressured Goldman Sachs CEO David Solomon to replace his chief economist, Jan Hatzius, after a report predicted US consumers will bear the brunt of […]
Trump Defends Tariffs Amid Inflation Concerns, Slams Goldman Sachs for Predictions
U.S. President Donald Trump has defended his tariff policies, arguing that they have brought in trillions of dollars to the U.S. economy without causing inflation, a claim that […]
Trump Claims Tariffs Didn’t Trigger Inflation
U.S. President Donald Trump took to Truth Social to assert that tariffs haven’t fueled inflation. He specifically argued that consumers haven’t experienced the financial impact of these tariffs.
Powell Warns of Tariff Impact on Inflation
Federal Reserve Chair Jerome Powell has highlighted the inflationary impact of tariffs, noting their role in rising consumer prices. In a recent statement, Powell emphasized the frequent mention […]
Powell Addresses Tariffs’ Effect on Inflation
Federal Reserve Chair Jerome Powell underscored the inflationary pressures from tariffs during a recent address, emphasizing their significant role in impacting inflation rates. His comments reflect a recurring […]
Trump’s Tariff Policy: Impacting US Economy and Crypto Markets
President Trump has consistently maintained that tariffs strengthen the U.S. economy, influencing global trade dynamics. His administration continues to adjust these policies, with recent focus on reciprocal measures […]