The Organisation for Economic Co-operation and Development (OECD) has downgraded its global growth forecast to levels not seen since the COVID-19 pandemic. The organization attributes this slowdown primarily […]
Dollar Plummets to Six-Week Low as Trade Worries Linger
The U.S. dollar experienced its steepest decline in six weeks, falling to a six-week low on Tuesday after economic data revealed the negative impact of President Trump’s trade […]
US Extends Tariff Pause on Chinese Goods: Market Implications
The US government has extended a suspension on tariffs on Chinese goods, creating an opportunity for further trade negotiations despite ongoing tensions between the two nations. This policy […]
Dow Jones Slumps Amidst Trump-Xi Call, EU Weighs Retaliation
Trade policy uncertainty weighed heavily on the U.S. stock market Monday, June 2nd, with the Dow Jones experiencing a 194 point drop (0.46%) to close at 42,075. The […]
U.S. Treasury Yields Climb As Trade Tensions Between U.S. and China Escalate
Treasury yields increased as tensions between the U.S. and China heightened over a trade dispute, casting uncertainty on market stability. 10-year Treasury yield climbed above 4.4% while 2-year […]
China Threatens Retaliation as US Accuses Breach of Trade Deal
China has warned of potential retaliation after accusing the United States of violating a trade truce established earlier this year. The warning came from the Chinese Ministry of […]
South Korea Plots Response to Doubled U.S. Steel Tariffs
To counter the new tariffs imposed by the U.S., South Korea’s Ministry of Industry has revealed plans for a strategic response. Following President Trump’s announcement of doubling steel […]
Trump Threatens New Steel & Aluminum Tariffs on Japan, Negotiations Stall
Japan’s Prime Minister, Shigeru Ishiba, is set for a US visit ahead of the G7 summit. The trip aims to reach a better trade agreement with America amidst […]
Trump Doubles Down on Steel Tariffs, Escalating Global Trade War
Donald Trump’s return to power has reignited the global trade war, specifically escalating tensions over steel imports with a dramatic increase in tariffs from 25% to an unprecedented […]
Trade Tensions Spark Crypto Market Correction
Escalating trade tensions between the US and China have triggered a significant correction in the cryptocurrency market, leading to price drops across major cryptocurrencies. The halt in US-China […]
Trump Doubles U.S. Steel Tariffs, Potentially Impacting Global Markets
President Trump has announced a plan to significantly increase tariffs on steel imports, doubling the existing rate from 25% to 50%. This move is projected to inject $14 […]
Trump’s Trade War Threatens Retirement Savings: Apple Stock Plummets and 401(k)s Take Hit
President Trump’s trade war with China has cast a shadow over American retirement plans, specifically impacting investment portfolios like 401(k)s. Apple, heavily reliant on international supply chains, is […]
Trade War Fears Rise: Section 301 Tariffs Expansion May Impact Cryptocurrency Market
Recent comments regarding Section 301 tariffs have sparked concerns about escalating trade tensions, potentially impacting the global market, including cryptocurrency. While not directly related to blockchain technology, these […]
Dow Falls Amid Fresh U.S.-China Trade Tensions
Wall Street experienced volatility on Friday as investors reacted to renewed tensions between the United States and China in the trade arena. The Dow Jones Industrial Average dropped […]
U.S. Court Strikes Down Trump’s Tariffs, Raising Trade Tensions
A U.S. court has ruled against President Donald Trump’s “reciprocal” tariffs, deeming them an overreach of presidential authority. This decision rekindles trade tensions, particularly with China, which calls […]