Taiwan Semiconductor Manufacturing Company (TSMC) acknowledges that U.S. tariffs are impacting its operations, but the strong demand for AI chips outstrips available supply. TSMC CEO C.C. Wei emphasizes […]
EU Set to Impose Tariffs on US Goods as Trade Tensions Rise
The European Union is preparing to retaliate against the United States’ recent tariff hikes on steel imports, aiming to impose its own tariffs on key American goods. This […]
Cryptocurrency Market Suffers Major Downturn Amidst Trade Tensions
The cryptocurrency market experienced a significant decline over the weekend, with various major coins experiencing sharp losses. Dogecoin dropped by more than 8%, followed by PEPE falling by […]
Crypto Markets Plunge: Trade Tensions Fuel Market Uncertainty
The cryptocurrency market experienced a significant dip on Friday, with concerns over renewed U.S.-China trade tensions serving as a primary catalyst for the downturn. Bitcoin’s value fell over […]
Germany Plans Digital Tax on Tech Giants, Adding Fuel to Trade Tensions with US
Germany is taking aim at major internet platforms like Meta and Google, planning a 10% levy as part of its digital tax initiative. This move could intensify existing […]
Bitcoin Rebounds Above $109,000 as EU Tariffs Deadline Extended
Bitcoin prices surged 1.4% in the last day, reaching $109,637 on May 26, according to early Asian trading hours. This rise aligns with easing trade tensions between the […]
Bitcoin Benefits as Global Trade Tensions Eased by Trump’s Tariff Extension
President Trump’s decision to extend the deadline for imposing tariffs on EU imports until July 9, 2025, has provided a temporary reprieve from escalating trade tensions. This move […]
Bitcoin’s Strength Amidst Tariff Challenges: Decoding its Undeterred Rise
Despite significant market downturns in April due to trade tensions, Bitcoin unexpectedly held strong and even outperformed during the recovery following tariff implementation. This unexpected resilience has fueled […]
Arthur Hayes Sees Bitcoin Boom Driven by Trade Tensions
Arthur Hayes, co-founder of BitMEX, believes the escalating US-China trade disagreements will drive up Bitcoin prices. He predicts that these tensions could lead to currency devaluations and increased […]
Trade Tensions Ease: S&P 500 Gains and US Dollar Strengthens
Positive developments in trade relations are boosting the U.S. market, with the S&P 500 index experiencing a notable increase of nearly 3% according to recent reports from PANews. […]
IMF Cuts Global Growth Outlook to 2.8%, Reflecting Trade Tensions and Policy Uncertainty
The IMF has significantly lowered its global growth forecast for 2025, projecting a slowdown to 2.8%. This adjustment reflects increased policy uncertainty and rising trade tensions, prompting market […]
Crypto Market Sees Surge as U.S. Hints at Easing China Tariffs
Cryptocurrencies enjoyed a notable uptick on Tuesday, fueled by positive market sentiment arising from reports that the U.S. and China may be easing their trade tensions. CNBC’s Eamon […]
Chipotle Opens First Mexican Eatery Amidst Tariff Concerns
Chipotle Mexican Grill has launched its first dedicated Mexican restaurant, signaling a strategic expansion into new markets. This move comes amidst growing U.S. tariff threats that are impacting […]
Gold Price Soars Amidst US-China Trade Tensions
Gold prices have reached record highs in April 2025, fueled by escalating trade tensions between the United States and China. Rising tariffs and a weakening U.S. dollar are […]
IMF Cuts Global Growth Forecast Amidst Trade Tensions
The International Monetary Fund (IMF) has lowered its global growth forecast for 2025 due to escalating trade disputes, prompting market volatility and highlighting concerns about the potential for […]