Former President Trump’s recent tariff announcements have significantly impacted cryptocurrency markets, sending ripples of uncertainty through the industry. While initial optimism persisted, unexpected rate hikes by the administration […]
China Unveils Targeted Support Amid Worsening US-China Trade Tensions
In response to escalating tariffs, China’s leaders have pledged new support measures for businesses affected by the trade conflict with the U.S. The Politburo met on Friday and […]
Verizon & AT&T Stock Dips as Tariff Impact Hits Customers
Facing increased financial strain from new tariffs, telecommunications giants Verizon and AT&T are preparing to pass the cost onto their customers. The decision comes after President Trump’s announcement […]
U.S. Pursues Alternative Trade Deals to Lower Tariffs
The U.S. is actively seeking alternatives to reduce tariffs on international trade through talks with nations like Japan. The USTR announced on Friday that they’re exploring reciprocal trade […]
Crypto Markets Soar as Trump Hints at Tariff Delay
Cryptocurrency prices surged following Donald Trump’s comments regarding potential tariff delays. The market reacted swiftly to these remarks, indicating a clear connection between geopolitical actions and cryptocurrency values. […]
Trump Announces National Emergency, Imposing New Tariffs to Address Trade Deficits
President Donald J. Trump has declared a national emergency in an effort to boost the United States’ economic competitiveness and address persistent trade deficits. This move is accompanied […]
Trump Suspends Tariffs for 90 Days
U.S. President Donald Trump has taken action on tariffs, suspending them for a period of 90 days. He outlined that this pause will remain in place until specific […]
Japan Launches Economic Stimulus Package to Mitigate Trump Tariff Impact
To combat the economic consequences of escalating tariffs imposed by U.S. President Donald Trump, Japan has unveiled a comprehensive stimulus package. This package includes gasoline subsidies and partial […]
Majority of Americans Concerned About Economic Impact of Tariffs
A recent poll conducted by the Associated Press and the National Opinion Research Center reveals a widespread concern among Americans about the economic impact of US tariff policies. […]
China’s Tariffs Easing as Central Bank Boosts Economy
China is poised to reduce tariffs on US imports, including medical equipment, ethane, and aircraft leasing, according to Bloomberg sources citing unnamed officials. This move comes amid increasing […]
U.S. Tariffs Set New Record, Hitting $15 Billion in April
The U.S. government raked in a record $15 billion in tariff revenue during April 2023, marking the highest monthly amount ever recorded. This surge is attributed to several […]
Hasbro Takes Preemptive Action Against Tariff Impact on Toy Industry
Facing potential financial strain from new tariffs, Hasbro CEO Chris Cocks has unveiled a $1 billion cost-saving plan to offset the impact on the toy industry. The plan […]
US Economic Downturn Linked to Tariffs and Policy Uncertainty
A prominent GOP donor, Ken Griffin, has flagged a significant economic downturn in the US over the past four weeks, attributing it to the latest round of global […]
Procter & Gamble Reels from Tariff Impact, Affecting Profits and Cost Structure
Procter & Gamble (P&G) announced a significant impact on its financial outlook due to increased tariffs on Chinese imports. This has led to an adjustment of the company’s […]
Hasbro Faces $300 Million Tariff Impact, Accelerates Diversification Efforts
Hasbro CEO Chris Cocks and CFO Gina Goetter anticipate a significant $300 million impact from U.S. tariffs on Chinese imports, as detailed in the latest earnings call. This […]