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 […]
Porsche Weighs Price Hikes Amidst US Tariff Pressures
Porsche is facing potential price hikes for its vehicles as a result of ongoing US tariffs on imported parts. These tariffs, which have increased to 27.5% due to […]
Trump Tariffs Impact West Coast Shipping, Causing 45% Decline in Chinese Imports
China’s exports to the United States are experiencing a sharp decline as President Trump’s tariffs reach a new level, with shipping volumes dropping by 45%. The economic tensions […]
Trump Set to Announce More Tariff Reductions During Michigan Visit
President Donald Trump’s upcoming trip to Michigan will see him unveil additional tariff reductions, according to sources cited by BlockBeats. These measures are expected to impact various industries […]
CEOs Express Concerns Over Potential Economic Fallout from Tariffs
Several CEOs have alerted their investment banks about the anticipated economic impact of tariffs expected to become visible in the coming weeks. As per BlockBeats, Fox Business journalist […]
Adidas Raises Prices to Offset Tariffs on U.S. Products
Sportswear giant Adidas has announced it will increase prices on all its products sold in the United States, citing President Trump’s tariffs as a primary driver. The company […]
Tariff Concerns Trigger Volatility in Crypto Markets
CEO warnings about potential economic impacts from tariffs have led to increased volatility expectations in the crypto market. Experts suggest that these concerns may significantly affect how cryptocurrency […]
CEOs Signal Potential Economic Impact from Tariffs: Concerns Mount as Implementation Nears
Several CEOs have expressed concerns about the anticipated economic impact of tariffs in the coming weeks, according to insights shared with investment banks, as reported by BlockBeats and […]
US Trade Deficit Hits All-Time High Amidst Trump’s Tariff Storm
The US trade deficit surged to an all-time high of $162 billion in March 2025, according to the US Census Bureau, surpassing last year’s record of $92.8 billion. […]
U.S. Consumer Confidence Plunges as Tariff Concerns Mount
Recent data reveals a concerning drop in U.S. consumer confidence, reaching its lowest point in nearly five years. According to the Conference Board’s April report, the index plummeted […]
U.S. Treasury Drives International Trade Talks Amidst Tariff Pressure
The ongoing tariff discussions impacting global trade and financial markets are being actively steered by the U.S. Treasury. While some easing has occurred since April, a definitive resolution […]
Trump to Sign Order Modifying Auto Tariffs This Tuesday
President Trump is set to sign an executive order this Tuesday that will alter the automotive tariffs currently in place, according to White House Press Secretary Karoline Leavitt. […]