Former U.S. President Donald Trump has escalated his trade policies, imposing new tariffs on European goods and Apple products to bolster American industries. This move comes amidst a […]
Elon Musk Predicts Recession Caused by Trump’s Tariffs
Tesla CEO Elon Musk has warned of a possible recession in 2025 due to the ongoing tariffs imposed by former President Donald Trump. These remarks come as Elon […]
Harker: Job Market Remains Stable Despite Tariff Concerns
Federal Reserve official Patrick Harker maintains that the recent job market data points to stability despite the ongoing impact of tariffs. According to Odaily, Harker believes these effects […]
Dow Jones Ends Losing Streak Amidst Weak Economic Outlook
U.S. stock markets closed with a mixed performance on Wednesday as concerns about economic growth, inflation, and tariffs weighed on market sentiment. The Dow Jones Industrial Average, after […]
Bitcoin Uncertainty Persists: Trump’s Tariffs Threaten Bull Run
Donald Trump’s ongoing tariff threats cast uncertainty over Bitcoin’s future, according to analysts. Odaily reports that Swyftx’s Chief Analyst Pav Hundal predicts Bitcoin might be negatively impacted by […]
Canada Threatens Retaliation as Tariff Talks Stall
Canadian Prime Minister Carney has declared that the country is prepared to implement countermeasures against the United States should trade negotiations fail to result in the removal of […]
Federal Reserve’s Beige Book Shows Price Pressures From Tariffs
The latest Federal Reserve Beige Book paints a picture of persistent inflationary pressures, with prices showing an upward trend. As reported by Odaily, respondents in various districts have […]
EU and US Progress on Tariff Negotiations
Discussions between European Commission Vice President Maroš Šefčovič and U.S. Trade Representative Katherine Tai have been constructive as they work towards resolving the tariffs imposed by former President […]
EU and US Trade War Looms: High-Stakes Talks in Paris Amid Rising Tensions
Leaders from the EU and US are heading to Paris for crucial talks aimed at averting a full-blown trade war. This high-stakes meeting follows President Trump’s recent decision […]
Trump Raises Steel Tariffs to 50%, Aiming to Boost Domestic Industry
President Donald Trump signed an executive order imposing a 50% tariff on imported steel, effective June 4. This decision follows promises made to domestic steel producers to protect […]
Federal Reserve Officials Issue Warning on Inflation Risks from Tariffs
Federal Reserve officials have issued a joint warning about the potential surge in inflation, citing concerns over proposed high tariffs by the Trump administration. These warnings come just […]
Chris Toomey Warns of Hidden Risks in Market Amid Tariff Concerns
Despite the S&P 500 reaching a record high of nearly 6,000 points, Chris Toomey, Managing Director at Morgan Stanley, has highlighted potential downsides. His concerns stem from the […]
Trump’s Steel Tariff Increase: Potential Impact on Crypto Markets
President Trump has doubled tariffs on steel and aluminum imports, effective June 4th, with the aim of bolstering domestic manufacturing. This move has raised concerns about potential trade […]
Federal Reserve Sees Positive Inflation, But Tariff Concerns Persist
Despite positive inflation outlook from the Federal Reserve’s official Austan Goolsbee, concerns over tariffs remain a significant factor. While Goolsbee cited ‘exceptionally positive’ inflation data on June 2, […]
Trump’s New Tariffs: Impacts on Global Trade and Crypto Markets
President Trump has imposed new tariffs on imports from 57 nations, potentially disrupting global trade relations and affecting various markets. These increased tariffs of 10% or higher target […]