President Donald Trump has accused China of breaching their tariff agreement, alleging that Beijing has failed to adhere to commitments outlined during negotiations. White House spokesperson Miller responded, […]
Trump Reopens Trade War with China: Uncertainty Grips Markets
Former President Donald Trump has reignited the escalating trade war with China. He accused Beijing of violating the recent agreement, citing their
Corporate Profits Plummet to Lowest Level Since 2020
The U.S. Bureau of Economic Analysis (BEA) recently released data revealing the steepest quarterly decline in corporate profits since Q4 of 2020, dropping by $118 billion in Q1 […]
Federal Court Halts Trump’s Tariffs, Impacting Crypto Markets
In a significant legal development, a federal court has blocked President Donald Trump from imposing tariffs he had enacted under emergency powers legislation. The ruling casts doubt on […]
Cryptocurrency Market Drops Amidst Trade War Concerns & AI Investment Freeze
The cryptocurrency market experienced a decline overnight, with investors reacting to President Trump’s renewed focus on trade deficits and potential restrictions on AI technology. While the market anticipates […]
Temu Q1 Profits Plummet Amidst US-China Tariff War
Online discount platform Temu experienced a significant decline in profits during the first quarter of 2025, with its net income plummeting by 47% to $2.46 billion due to […]
China Eases Rare Earth Export Controls: Implications for Semiconductor Supply Chains
China’s state media announced potential relaxation of export restrictions on rare earth minerals, impacting semiconductor supply chains. The move comes amidst heightened tensions between China and the U.S., […]
Japan Proposes $950 Billion Semiconductor Deal as Trade Tensions Rise
Japan has proposed a staggering $950 billion semiconductor deal to the United States in an effort to address escalating trade tensions. This significant investment seeks to bolster Japan’s […]
Trump’s EU Tariff: Global Markets Brace for Volatility as Crypto Feels the Heat
The US trade action against the EU, imposing a 50% tariff on imports from Europe, sends shockwaves through global markets and raises anxieties about cryptocurrencies. As negotiations between […]
U.S. Stocks Surge on Trade Optimism After Trump Delays Tariffs
A rally in U.S. stocks was triggered Tuesday after President Donald Trump agreed to delay a proposed 50% tariff on European Union imports, easing trade tensions and fueling […]
Stock Market Soars as Tariff Pause Brings Relief to Investors
This week saw a significant surge in the stock market as President Trump’s decision to delay new tariffs on the EU provided much-needed relief for traders. Major indexes […]
US Dollar Rebound Explained: Navigating Trade Wars & Debt Concerns
The US dollar is showing signs of strength, rebounding after periods of volatility. This resurgence in the USD’s value is driven by several factors, including interest rate expectations […]
Dollar’s Slide Continues as Trump Halts Tariffs on EU Goods
Asian markets experienced a downturn on Tuesday, with the dollar facing its fifth straight monthly decline as investors react to President Donald Trump’s reversal of his proposed tariffs […]
Merz Warns of EU Action Against US Tech Companies if Trump Imposes Tariffs
German Chancellor Friedrich Merz has warned the European Union (EU) that it may retaliate against major US tech companies if President Donald Trump implements high tariffs on EU […]
Trump Delays EU Tariffs, But Market Uncertainty Remains
Markets are grappling with continued uncertainty after US President Donald Trump agreed to postpone planned 50% tariffs on European Union goods. This move followed a call between Trump […]