In a move marking a significant escalation of the ongoing trade dispute, China has imposed a new 34% tariff on a broad range of U.S. imports. This decision […]
Trump Calls for Rate Cuts Amidst Tariff War Uncertainty, Fed Remains Stoic
President Donald Trump urged Federal Reserve Chair Jerome Powell to immediately lower interest rates, arguing that current conditions warrant such action. Trump attributed the recent decline in prices […]
Klarna Delays IPO Due to U.S. Tariff Imposition
Swedish payments firm Klarna has put its initial public offering (IPO) on hold, citing the impact of U.S. tariffs imposed by President Donald Trump. The company had previously […]
Federal Reserve Considers Tariff Impact on Inflation
Federal Reserve Chairman Jerome Powell has voiced concerns about potential tariffs’ long-term impact on inflation. The Federal Reserve is poised to assess the situation, potentially adjusting monetary policies […]
JPMorgan Warns of 60% Recession Risk Due to Trump Tariffs
JPMorgan Chase has significantly elevated its outlook for a US recession, predicting a 60% chance of one occurring within the next year. This alarming prediction is fueled by […]
Trump’s Tariffs Threaten Bitcoin Mining Industry
U.S. trade tariffs, under both the previous and current administration, are posing a significant challenge to Bitcoin mining companies. As Kristian Csepcsar, chief marketing officer of Braiins, points […]
China Imposes 34% Tariff on U.S. Goods, Escalating Trade Tensions
China has escalated the ongoing trade war with the U.S. by imposing a 34% tariff on all imported goods from American companies starting April 10th. This move comes […]
U.S. Labor Market Shows Strength Despite Tariff Focus
Despite recent market anxieties regarding potential labor market weakness, a recent employment report has surprised experts, exceeding expectations and offering reassurance. According to Lindsay Rosner, Head of Multi-Sector […]
Trump’s Tariffs Spark Global Market Turmoil
President Trump’s announcement of 10% tariffs on imported goods has sent shockwaves through global markets, leading to widespread volatility and concerns about potential economic repercussions. A significant drop […]
U.S. Labor Market Shows Strength Despite Tariff Focus
A recent employment report showed stronger-than-expected job creation, according to PANews. Lindsay Rosner, Head of Multi-Sector Fixed Income at Goldman Sachs Asset Management, commented on the positive trend […]
China Hits Back at US Tariffs, Imposes Retaliatory Measures
In a dramatic escalation of trade tensions, China responded to U.S. tariffs with its own retaliatory measures. President Xi Jinping publicly labeled Donald Trump as a “bully,” asserting […]
China Imposes 34% Tariff Hike on U.S. Goods Starting April 10th
China has approved a sweeping new tariff of 34% on all imported goods originating from the United States, set to take effect at midnight on April 10, 2025. […]
China Imposes 34% Tariff Increase on All U.S. Goods, Escalating Trade War with the U.S.
China’s State Council has announced a major escalation in its trade conflict with the United States by approving tariffs of up to 34% on all goods imported from […]
Arthur Hayes Believes Trump Tariffs Will Benefit Bitcoin
Arthur Hayes, co-founder of BitMEX, argues that Donald Trump’s tariffs could drive up the price of Bitcoin (BTC). He believes governments will counteract the economic pain caused by […]
Trump’s Tariffs Impact Bitcoin Mining Industry as China Faces High Export Duties
President Trump’s new tariff policy threatens the U.S. Bitcoin mining industry, with China, the world’s largest supplier of mining equipment, facing a steep 34% export duty on goods […]