The US Treasury has officially confirmed there haven’t been any recent trade talks with China. This news is significantly impacting financial markets, specifically cryptocurrencies, as it suggests a […]
Bitcoin Breaks $97,000 as Trade Optimism Fuels Crypto Rally
Cryptocurrency markets are experiencing a surge driven by positive global trade developments and strong Bitcoin performance. Bitcoin hit a new all-time high of $97,469 today, fueling a broader […]
EU Aims for Higher US Goods Purchases Amid Trade Negotiations
The European Union (EU) seeks to boost purchases of U.S. goods by €50 billion as part of ongoing trade negotiations, according to Odaily. EU negotiator, Maroš Šefčovič, highlights […]
U.S. Tariff Announcement Triggers Volatility in Crypto Markets
The cryptocurrency market is bracing for a potentially significant impact following the anticipated announcement of new U.S. tariffs. Market experts and investors are closely monitoring developments surrounding these […]
General Motors Forecasts $5 Billion Tariff Hit from Trump Trade Policies
General Motors (GM), the world’s largest automaker, anticipates that tariffs imposed by former President Trump will cost the company between $4 billion and $5 billion in 2023. This […]
Bitcoin Soars Amidst Economic Policy Changes, Tariff Pause Announced
On April 10, 2025, Kevin Hassett of the National Economic Council discussed U.S. economic policy with CNBC, highlighting a 90-day tariff pause on Chinese imports and aiming to […]
U.S. Treasury Secretary Eliminates Tariff Uncertainty
In a significant development, U.S. Treasury Secretary Besent announced the elimination of tariff uncertainty. This reduction will be phased in over time, with daily and weekly decreases expected.
U.S. GDP Contracts in Q1, Fueled by Trump Trade Policies
New data reveals a contraction in U.S. GDP during the first quarter, dropping by -0.3%. This unexpected decline is attributed to President Trump’s trade policies and reflects deepening […]
Trump Acknowledges Tariff Risks, but Pushes Ahead With Trade Strategy
President Donald Trump acknowledged the political risks associated with his sweeping tariffs while simultaneously asserting that he will not rush trade deals to appease investors. During a NewsNation […]
Senate Deadlock Prevents Trump Tariff Halting
The U.S. Senate narrowly failed to pass a bill aiming to end President Donald Trump’s controversial tariffs, resulting in a tie vote. The measure, supported by several Democrats […]
US Eyes AI Superpower Title, Says Treasury Secretary
Treasury Secretary Scott Bessent recently declared that the U.S. is poised to become an AI superpower. This assertion reflects the administration’s focus on AI as a crucial economic […]
Prediction Markets Signal Economic Downturn for U.S. Starting Q1 2025
New data from prediction markets like Polymarket and Kalshi indicate a shift in economic outlook for the United States. These platforms now predict a recession beginning in Q1 […]
Investor Confidence Remains High Amidst Market Volatility
Treasury Secretary Scott Bessent stated that individual investors have remained optimistic despite recent market fluctuations, attributing this confidence to President Trump’s tariff policies. This sentiment contrasts with institutional […]
Trump Administration Seeks to Revise AI Chip Export Rules
The Trump administration is examining changes to a regulation from the Biden era that restricts global access to artificial intelligence chips. Sources suggest this potential overhaul includes eliminating […]
Trump Unveils Auto Tariff Cuts During Michigan Visit: Economic Impact Uncertain
During his visit to Michigan on April 30th, 2025, President Trump announced a new plan to modify existing auto tariffs. This change aims to boost U.S. manufacturing but […]