Former President Donald Trump unveiled a plan to impose tariffs on critical minerals this week, seeking to bolster domestic production and reduce reliance on foreign sources. This move […]
Stocks Plummet Amidst Tariffs, Bitcoin Holds Strong
U.S. stocks experienced a significant downturn on Wednesday as Nvidia announced hefty charges related to export restrictions imposed by the U.S. government on Chinese technology. Fed Chair Jerome […]
Wall Street Falters Amidst Tariff Jitters and Nvidia Shock
The U.S. stock market experienced a significant decline this week, with major indices plummeting sharply. The Dow Jones Industrial Average dropped over 900 points, the Nasdaq shed more […]
Federal Reserve Warns About Tariff Impacts on Inflation
The Federal Reserve has cautioned about potential price increases caused by tariffs, signaling concerns over inflationary pressure. During a recent press conference, Chair Jerome Powell emphasized the impact […]
WTO Downgrades Global Trade Growth Forecast Due to Rising Tariffs
The World Trade Organization (WTO) has lowered its forecast for global trade growth in 2025, citing escalating tariffs as a major contributing factor. Trade tensions between prominent economic […]
U.S. Customs Earns Over $500 Million in Tariffs Despite System Glitch
The U.S. Customs and Border Protection (CBP) has generated over $500 million in tariffs since April 5, contributing to a total tariff revenue exceeding $21 billion from 15 […]
Trump’s Tariffs Impact Crypto Market, Fueling Inflation Concerns
President Trump’s recent imposition of new tariffs has generated significant ripple effects within the global economy, with crypto markets and inflation levels experiencing notable changes. While President Trump […]
ASML’s Q1 Earnings Miss Exacerbates Semiconductor Stock Volatility
Dutch semiconductor equipment giant ASML announced a lower-than-expected €3.94 billion in net bookings for the first quarter of 2025, impacting overall industry sentiment and weighing on semiconductor stocks. […]
U.S. Imposes Massive Tariffs on Chinese Imports, Raising Concern for Global Trade
The U.S. has implemented tariffs of up to 245% on Chinese imports, following a retaliatory measure by China. This escalation in trade tensions is raising concerns about the […]
U.S. Imposes High Tariffs on Chinese Goods, Heightening Trade Tensions
The U.S. has imposed hefty tariffs of up to 245% on Chinese imports, escalating trade tensions and raising concerns about their impact on global markets. The move marks […]
California Takes Legal Action Against Trump’s Tariffs
California Governor Gavin Newsom has announced a legal challenge against former President Donald Trump’s tariffs, claiming they are illegal and damaging to the state’s economy. The lawsuit aims […]
China Raises Concerns Over US Tariff Increases on Exports
Facing a cumulative tariff rate of 245% on certain Chinese exports to the U.S., according to Foresight News, China has criticized what they deem as an escalation by […]
Asia FX Market: A Tug-of-War Amidst Economic Uncertainty
The Asia FX market is navigating turbulent waters, exhibiting a mix of promising economic signals and persistent risks, as investors grapple with the ever-present influence of global uncertainties. […]
Trump Tariffs Threaten Generic Drug Availability, Raising Costs and Concerns
President Trump’s recent tariff impositions on pharmaceutical imports, including key components used in generic drugs, have sparked anxieties within the industry. Manufacturers reliant on global supply chains are […]
ECB Interest Rate Cut: Tariffs Spark Response
The European Central Bank (ECB) lowered interest rates on Monday in response to new tariffs, sending ripples through the European financial market. The decision underscores the concern about […]