The U.S. government has implemented significant changes to the reciprocal tariffs applied to low-value imports from China, escalating trade tensions with the country. These amendments form part of […]
U.S. Treasury Secretary Calls for Economic Shift in China Trade
The U.S. Treasury Department seeks a shift in China’s economic focus from export-driven growth to domestic consumption, potentially leading to mutually beneficial trade strategies. This adjustment is expected […]
Federal Reserve’s Beige Book Signals Economic Caution Amidst Uncertainty
The U.S. economy exhibits a level of stability, according to the latest Federal Reserve Beige Book report, but it paints a picture of cautionary uncertainty for future economic […]
US to Slash China Tariffs by 50%, Potentially Reshaping Trade Dynamics
President Trump’s administration is proposing a major overhaul of US trade policy with plans for a significant reduction in tariffs on Chinese imports, potentially impacting global markets starting […]
U.S. Refuses Special Tariff Treatment for Japan
Japanese government sources have confirmed that during recent negotiations, the U.S. firmly rejected the prospect of granting special tariff treatment to Japan. This stance was highlighted by discussions […]
Eleven States Sue to Block Trump Tariffs, Impacting Trade Policy and Market Sentiment
Facing legal challenges to the Trump administration’s tariffs, eleven U.S. states are taking a stand, challenging the legality of this new trade policy. This action could significantly impact […]
Warren Demands Apple Reveal Details of Trump Tariff Talks
Senator Elizabeth Warren has formally requested Apple CEO Tim Cook to disclose details about discussions with former President Donald Trump regarding tariff exemptions for Apple products. This inquiry […]
Fed Beige Book Reveals Economic Stagnation Amid Rising Prices
The Federal Reserve’s latest Beige Book paints a picture of stagnant economic activity and employment across the United States since March. Odaily reports that the report reflects the […]
EU Exports to US Skyrocket Before Tariff Hikes
The EU’s exports to the US surged by 22% in February 2025, a significant jump likely driven by anticipated tariff hikes initiated by President Trump. This increase represents […]
Trump Announces Tariff Reductions to China, Potentially Influencing Global Markets
President Donald Trump has reversed his previous approach to trade with China by proposing a significant reduction in tariffs. These reductions follow escalating tensions and aim to alleviate […]
Gensler Criticizes Crypto Market & U.S. Trade Policy
Former SEC Chair Gary Gensler criticized the U.S. government’s approach to trade with China, arguing that it will ultimately harm investors and markets. He also questioned the long-term […]
Global Trade Navigates Trump’s Exemptions, $8.8 Trillion Tariff Exemption Explained
Despite tariff policies implemented under President Trump’s presidency, global trade saw a notable exemption from these tariffs. The $8.8 trillion in exemptions demonstrates the intricate nature of international […]
Bitcoin Breaks Record, Surges to $93K Amidst Shifting Trade Landscape
Bitcoin prices have soared to a new all-time high of $93,000, spurred by speculation about President Trump’s potential shift in trade policy. This surge is linked to broader […]
First Solar Soars as U.S. Imposes New Tariffs on Southeast Asian Solar Panels
Shares of First Solar Inc. (NASDAQ: FSLR) jumped following the U.S. Department of Commerce’s announcement of new tariffs on solar panels from Southeast Asia. These tariffs primarily target […]
Goldman Sachs CEO Addresses US Trade Policy Impact on Markets
David Solomon, CEO of Goldman Sachs, discussed the impact of recent US trade policy shifts on market dynamics. He highlighted the role of policy uncertainty in reshaping market […]