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, […]
Vietnam Negotiates to Halt Massive US Tariff Threatening Exports
Vietnam’s government has initiated urgent talks with the United States in an attempt to avert a planned 46% tariff that could severely disrupt its export economy. The emergency […]
China Calls for End of US 232 Tariffs on Imports
In a recent press conference, the Chinese Ministry of Commerce voiced its concern regarding U.S. tariffs on imported goods. On May 15th, spokesperson He Yongqian addressed the implementation […]
US-China Tariff Agreement Brings Market Relief, Global Trade Remains Uncertain
Markets have responded positively to the recent easing of tensions between the US and China through a phased tariff agreement. This deal follows months of heightened trade conflicts, […]