The U.S. has imposed a new 50% tariff on all goods originating from India, effective August 27th. This escalation follows India’s continued purchase of discounted Russian oil, as […]
Trump Shakes Markets as Trade Tensions and Fed Appointments Spark Uncertainty
Emerging market stocks and currencies suffered significant losses on Tuesday as President Trump initiated a flurry of actions targeting both the Federal Reserve and foreign trade partners, further […]
Trump Threatens 200% Tariff on Chinese Products Amidst Trade War Tensions
U.S. President Donald Trump has issued a significant threat, warning that he will impose a hefty 200% tariff if China restricts the export of rare-earth magnets to the […]
Trump Threatens China with 200% Tariff on Magnets if Exports Don’t Increase
President Trump has warned that the U.S. may impose a 200% tariff on Chinese magnets unless Beijing increases exports to American businesses. Speaking to reporters, Trump emphasized the […]
Guangdong Stalls as US-China Trade Tensions Impact Economic Growth
Guangdong, once a powerhouse of the Chinese economy, is grappling with slowing growth amidst persistent trade tensions between the United States and China. The province’s economic engine has […]
Canada Removes Tariffs, Bolsters Crypto Markets
Canada’s decision to remove most retaliatory tariffs on U.S. goods has sent positive ripples across international trade relations and crypto markets. The move, which exempts autos, steel, and […]
U.S.-China Trade War: Copper Rereouting as Firms Seek Cost-Effective Routes
The U.S.-China trade war is causing disruption to the flow of copper scrap, leading companies to explore new shipping routes to avoid tariffs and secure cash flow. Companies […]
US Bitcoin Miners Face Multi-Million Dollar Tariff Storm
A trade war between the US and China is causing turmoil for American bitcoin miners, with hefty tariffs threatening their operations.
US Tariffs Threaten Bitcoin Mining Industry as Liabilities Rise
The escalating US-China trade tensions are significantly impacting the Bitcoin mining industry, with concerns rising about massive liabilities for American companies. A recent report from The Miner Mag […]
US Doubles Tariffs on India Over Russian Oil Purchase, Creating Trade Uncertainty
The United States has imposed a doubled tariff of 50% on Indian goods as retaliation for India’s purchase of Russian oil. This action escalates trade tensions between the […]
Trump Unveils Potential Semiconductor Tariff Increases
President Trump has announced plans for semiconductor tariffs in the US, potentially impacting global supply chains and raising questions about future market dynamics.
Trump-Backed Bitcoin Miner Acquires 16,299 Bitmain ASICs Despite Trade Tensions
American Bitcoin, a mining company supported by Trump family members, recently ordered 16,299 Bitmain Antminer U3S21EXPH mining units from China’s Bitmain, marking a significant investment in the industry. […]
Trump-Backed Bitcoin Mining Company Orders 16,000 ASICs Amidst Trade War Uncertainty
American Bitcoin, a company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), the hardware used […]
Chinese Investors Shift Capital to Indonesia Amid Tariffs
Facing increased U.S. tariffs, Chinese investors are shifting capital towards Indonesia to mitigate economic risks. This trend resulted in a significant surge of investments during the first half […]
Brazil Unveils Plan To Shield Exporters from U.S. Tariffs
Facing the brunt of 50% import duties imposed by U.S. President Donald Trump on certain Brazilian goods, the Brazilian government has unveiled a comprehensive support program to mitigate […]