Donald Trump’s former economic advisor, Milan, has hinted at potential tariff adjustments in the near future, expressing surprise if no action is taken within the next few weeks.
Trump Calls for Fed Rate Cuts Amidst Tariff Revenue Gains
U.S. President Donald Trump has publicly stated that tariffs have yielded billions of dollars in revenue, characterizing this period as a transitional phase. He subsequently urged the Federal […]
Trump Calls for Rate Cuts Amid Tariff Revenue Gains
U.S. President Donald Trump has expressed optimism regarding the financial impact of tariffs, asserting that they have generated billions of dollars in revenue. He views the current economic […]
U.S.-Japan Tariff Talks Hit Stalemate Over Key Sectors
Negotiations between the United States and Japan over trade agreements have reached a standstill, specifically regarding tariffs on critical industries. A draft framework agreement revealed by BlockBeats suggests […]
US Auto Sales Surge Amidst Tariff Fears, Driven by Consumer Panic Buying
In April, US automakers like Ford, Kia, and Hyundai experienced strong sales figures year-over-year, attributed to a surge in consumer demand driven by fears of potential tariff-induced price […]
General Motors Forecasts $5 Billion Tariff Hit from Trump Trade Policies
General Motors (GM), the world’s largest automaker, anticipates that tariffs imposed by former President Trump will cost the company between $4 billion and $5 billion in 2023. This […]
U.S. Treasury Secretary Eliminates Tariff Uncertainty
In a significant development, U.S. Treasury Secretary Besent announced the elimination of tariff uncertainty. This reduction will be phased in over time, with daily and weekly decreases expected.
U.S. Economic Fears Mount Ahead of April Jobs Report
Economists worldwide are watching closely as the U.S. non-farm payroll report for April is set to be released on Friday. Growing concerns about potential disruptions in the American […]
US Imposes Tariffs to Address Trade Deficit, Setting Off Potential Global Trade Retaliation
The United States recently enacted tariffs in an effort to address a significant trade deficit. This decision was made by President Trump, who invoked the International Emergency Economic […]
Trump’s New Tariffs on Chinese Goods: Impact on Crypto Markets
President Donald Trump has implemented new tariffs on Chinese imports, scheduled to take effect April 5th, 2025, as part of his trade policy strategy aimed at addressing trade […]
US Economy Contracts 0.3% in Q1 2025, Tariffs Weigh On Economic Growth
The US economy experienced a contraction of 0.3% in the first quarter of 2025, according to data from the Commerce Department, raising concerns about the impact of tariffs. […]
Job Growth Slows as Tariff Concerns Persist
Hiring activity slowed significantly in April, with ADP reporting just 62,000 new jobs created across the private sector. This marks a record low since July 2024 and reflects […]
Billionaire Investor Claims Trump’s Tariffs Crippled US Economy
Billionaire investor Ray Dalio asserts that President Donald Trump’s tariffs have irreparably damaged the U.S. economy, and attempts to mitigate their impact are futile. He argues that America’s […]
South Korea Aims for Trade Deal with U.S., Seeking Relief from Tariffs
A South Korean delegation is traveling to Washington D.C. on Wednesday, seeking to finalize potential trade agreements and mitigate the impact of upcoming tariffs on their businesses. Their […]
U.S. Provides Compensation for Automakers Amid Tariff Concerns
President Trump has signed an executive order creating compensation for U.S.-based auto manufacturers facing financial burdens due to tariffs on imported parts. This move aims to alleviate these […]