Despite a strong U.S. economy, Federal Reserve official Barr highlights concerns about potential disruptions to the supply chain caused by tariffs. These disruptions could slow economic growth and […]
U.S. Restores Trade with China by Slashing Tariffs
The United States has significantly eased its trade barriers with China, slashing tariffs on imports by 91% effective May 14th. This decision marks a significant shift in U.S.-China […]
Trump’s Tariffs Threaten California Tax Revenue by $16 Billion
California is bracing for a significant hit to its tax revenue as President Trump’s tariffs take effect, with the state’s finance team projecting a loss of $16 billion […]
WTO Chief Calls for Action on U.S. Tariffs, Emphasizing Need for Collaboration
World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala highlighted the challenges posed by U.S. tariffs during a meeting with Japanese Prime Minister Shigeru Ishiba in Tokyo. According to reports […]
Inflation Defies Predictions Despite Trump Tariffs
In a surprising turn of events, US inflation unexpectedly decelerated in April, dropping to 2.3% despite aggressive tariffs implemented by the Trump administration. This unexpected decline raises questions: […]
Trump Imposes Historic Tariffs, Fueling Trade Tensions & Market Volatility
President Trump has implemented unprecedented tariffs against China, targeting imports and igniting market volatility across various sectors. These measures mark a significant shift in U.S. trade policy under […]
Trump Imposes Increased Tariffs on Countries Imposing Trade Barriers
U.S. President Donald Trump has announced a new phase in the ongoing trade dispute with various nations by increasing tariffs imposed on countries that have enacted import barriers […]
U.S. Seeks Global Tariff Agreement for Trade Policy
The U.S. Trade Representative, Greer, announced that significant progress has been made towards finalizing a global trade agreement. Greer emphasized the U.S.’s self-sufficiency in key commodities and stated […]
Trump’s Tariff Strategy: Global Trade Implications and Potential Crypto Impact
President Trump has threatened tariffs to influence global drug pricing, escalating trade tensions with over 50 countries engaged in negotiations. This policy shift could significantly impact international financial […]
US & China Tariff Reduction Fuels Market Recovery, Recession Fears Lowered
A landmark agreement between the U.S. and China to reduce tariffs for 90 days has sent shockwaves through global markets, signaling a potential end to the economic uncertainty […]
Fed Rate Cut Tied to Tariff Reductions: Potential for Action Next Year
A potential easing of tariffs could lead to a Federal Reserve rate cut, according to a report from China International Capital Corporation. Despite current economic pressures not being […]
OpenAI Stargate Project Faces Funding Hurdle as Tariffs Impact Costs
The ambitious OpenAI Stargate project, a major undertaking in establishing the future of artificial intelligence (AI), is encountering financial challenges. Rising construction costs due to tariffs are delaying […]
Federal Reserve Faces Tariff Hurdles in Managing Inflation and Growth
Concerns about the impact of tariffs imposed by President Trump are intensifying economic uncertainty for the Federal Reserve. Lael Brainard, a key figure at the Fed, expressed concerns […]
Trump Strikes Trade Deal With China, Reducing Tariffs Amidst Market Uncertainty
President Trump announced a significant trade agreement with China aimed at easing tariffs and reducing tensions in their relationship. This deal sees the US-China tariff reductions by 115%, […]
Federal Reserve Official Warns of Tariff Impact on U.S. Economy
A Federal Reserve Board member, Kugler, expressed concern about the potential economic repercussions of US tariffs. According to a report by Odaily, he warned that even after tariff […]