Stock markets experienced significant losses today, with the Dow Jones Industrial Average dropping by 234 points, marking a 0.56% decrease. The market downturn was triggered by President Trump’s […]
Trump Imposes 50% Tariff on EU Imports: Potential Trade War Looms
Former President Donald Trump announced a proposed tariff of 50% on all goods imported from the European Union, set to take effect June 1. This move, made during […]
Crypto Gains Traction as Trade War Fears Send Wall Street Roaring Down
Wall Street experienced a dramatic sell-off this morning following President Trump’s announcement of 50% tariffs on goods from the European Union. The move, effective June 1st, sent shockwaves […]
Dow Plummets 400 Points as Trump Threatens 50% EU Tariffs
U.S. stock markets experienced a significant downturn on Friday following President Trump’s announcement of new tariffs against the European Union. The Dow Jones Industrial Average dropped over 480 […]
Singapore’s Top Economic Official Warned Asian Nations Against Retaliating to US Trade Tariffs
Edward Robinson, Chief Economist and Deputy Managing Director of Singapore’s Monetary Authority (MAS), has cautioned Asian nations against retaliating against recent US tariffs. He warned that such actions […]
Trump Threatens Apple with Tariffs on iPhones as Trade Tensions Escalate
President Donald Trump has escalated trade tensions with China by threatening to impose a 25% tariff on all iPhones and other Apple products manufactured there. This move, announced […]
Trump Proposes Massive 50% Tariff on EU Imports
President Trump has proposed a significant escalation in US-EU trade relations by introducing a 50% tariff on all products from the European Union. This proposal, announced via TruthSocial […]
Trade Tensions Rise: Bitcoin and Ethereum Surge Amidst Market Volatility
President Trump’s renewed demand for tariff cuts from the European Union has triggered heightened market volatility, with both Bitcoin and Ethereum experiencing significant surges in value. This escalating […]
Huawei AI Chip Battle Sparks New U.S.-China Tech War
Geopolitical tensions between the U.S. and China are escalating, impacting the global tech landscape, especially in the field of artificial intelligence (AI). The latest flashpoint centers on Huawei’s […]
Twelve U.S. States Sue Over Trump’s Tariffs, Challenging Use of Emergency Powers
A lawsuit filed by twelve states challenges President Donald Trump’s tariffs, arguing they were imposed improperly using the International Emergency Economic Powers Act (IEEPA). The states argue that […]
Bitcoin Hits Record High of $109K Amidst Easing Trade War Tensions
Bitcoin broke its all-time high, reaching $109,400 on May 21st. This surge follows a temporary trade deal between the US and China that eased global economic concerns and […]
Dow & Nasdaq Slide Amid U.S.-China Chip Tensions
U.S. stock markets experienced losses on Wednesday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite falling after renewed concerns arose surrounding trade tensions between the […]
South Korea Prepares for U.S. Tariff Deadline, Unveiling New Export Measures
As a looming deadline for U.S. tariffs approaches on July 8th, South Korea is implementing measures to mitigate the impact on its export-driven economy. The nation’s Finance Minister […]
Japan Faces $28 Billion Hit From U.S. Tariffs on Imports
Major Japanese companies warn that U.S. tariffs could severely impact their profits, potentially leading to losses exceeding $28 billion. This prediction comes from calculations based on company guidance […]
U.S. Threatens Higher Tariffs if Trade Talks Fail, Treasury Secretary Warns
The U.S. government is poised to reinstate higher tariffs on trading partners if agreements aren’t reached within a 90-day freeze period. Treasury Secretary Scott Bessent issued this warning, […]