Newly appointed Intel CEO Lip-Bu Tan navigated the company’s first-quarter 2025 earnings report, which were significantly impacted by stockpiling ahead of anticipated Trump administration tariffs. This pre-tariff surge […]
Eleven States Sue to Block Trump Tariffs, Impacting Trade Policy and Market Sentiment
Facing legal challenges to the Trump administration’s tariffs, eleven U.S. states are taking a stand, challenging the legality of this new trade policy. This action could significantly impact […]
Federal Reserve Reports Economic Uncertainty Fueled by Tariffs
The Federal Reserve has released its Beige Book, revealing increased economic uncertainty stemming from tariffs and other factors. The report highlights a widespread decline in economic prospects across […]
U.S. States Take Legal Action against Trump’s Tariffs
Several U.S. states, including New York, Arizona, and Colorado, have taken legal action challenging former President Donald Trump’s trade policies. On April 23, these states filed a lawsuit […]
Trump’s Pivot Stabilizes Stock Market Amid Tariff Uncertainty
President Trump’s recent shift in strategy on tariffs and Federal Reserve Chair Jerome Powell significantly impacted the stock market this week. His backtracking on harsh rhetoric towards Powell […]
U.S. May Slash Tariffs on Chinese Imports
The US government is exploring the possibility of significantly reducing tariffs on goods imported from China. The Trump administration is considering a substantial reduction in these duties, potentially […]
Global Trade Navigates Trump’s Exemptions, $8.8 Trillion Tariff Exemption Explained
Despite tariff policies implemented under President Trump’s presidency, global trade saw a notable exemption from these tariffs. The $8.8 trillion in exemptions demonstrates the intricate nature of international […]
Trump Hints at Taming Tariffs, But Analysts Question His Optimism
US President Donald Trump has suggested reducing the hefty tariffs imposed on Chinese goods as part of his trade war against China. He stated that these tariffs, currently […]
Trump Hints at Lowering China Tariffs to Ease Trade Tensions
President Trump hinted at potential reductions in tariffs imposed on China, signaling a shift from the previously tough stance taken in the ongoing trade war. This move could […]
Meta Faces $7 Billion Ad Revenue Loss Due to U.S. Tariffs
Meta Platforms is bracing for a significant financial blow of $7 billion in ad revenue due to U.S. tariffs imposed on Chinese imports, impacting major advertisers like Temu […]
Elon Musk Cuts Back DOGE Involvement Amidst Tariff Tensions
Elon Musk will scale back his involvement with the Department of Government Efficiency (DOGE), citing political and economic tensions stemming from tariffs imposed by President Trump’s administration. This […]
Kashkari Warns of Tariffs’ Impact on Inflation & Economic Growth
Federal Reserve Governor Neel Kashkari has voiced concerns about tariffs’ impact on inflation and economic growth, according to Odaily. While tariffs may lead to short-term price hikes, Kashkari […]
David Spika Warns of Recession Risk from Unclear U.S. Tariffs
David Spika, Chief Market Strategist at Turtle Creek Wealth Advisors, recently spoke on CNBC about the urgent need for clarity in U.S. tariff policies. His commentary highlights how […]
Fitch Warns of Economic Strain from Tariffs and Inflation Risks
Fitch Ratings predicts a potential economic slowdown due to tariffs and inflation, with significant implications for global markets. Brian Coulton, the chief economist at Fitch Ratings, warns that […]
Walmart, Target Meet Trump to Address Tariff Impact on US Retailers
Facing the economic fallout of trade tariffs imposed by the US government, top American retailers met with President Donald Trump on Monday at the White House. The gathering […]