The U.S. government raked in a record $15 billion in tariff revenue during April 2023, marking the highest monthly amount ever recorded. This surge is attributed to several […]
Bank of England Warns of Global Economic Risks from U.S. Tariffs
The Bank of England’s Governor, Andrew Bailey, emphasized the potential for global economic slowdown due to escalating U.S. tariffs during a recent Washington event. He highlighted the risk […]
U.S.-China Trade Deal May Take Years, Treasury Secretary Predicts
U.S. Treasury Secretary Scott Bessent has warned that reaching a complete trade agreement with China may take up to three years due to the complex nature of these […]
Trump and Xi Engage in Talks Over Trade Tension Resumption
After a period of heightened tension, former President Donald Trump and Chinese President Xi Jinping recently resumed talks aimed at easing trade disputes that have plagued their relationship […]
Trump Hints at Major China Tariff Cuts: Impact on Economy, Inflation, and Crypto
Former President Trump has suggested potential reductions to tariffs imposed on China. This action would likely have significant economic implications for the U.S., particularly regarding trade relations with […]
Fed Report: Economic Uncertainty Rises Amid Trade Volatility
The latest Federal Reserve Beige Book reveals growing economic uncertainty, driven in part by volatile tariffs. Businesses across sectors report challenges stemming from increased prices caused by fluctuating […]
Crypto Market Rallies as US-China Trade Talks Begin
Recent US-China trade talks have triggered significant movement in the cryptocurrency market, with Bitcoin hitting a new high of $72,000. This development comes amid anticipation for potential tariff […]
Stocks Surge as Trump Shifts China Rhetoric, Tariff Drops Announced
Stock markets experienced a surge on Wednesday following President Trump’s announcement of reduced tariffs on goods from China. The 145% tariff rate will be significantly lowered and the […]
Trump Plans Major Tariff Cuts on China, Backtracks on Powell Firing
President Donald Trump is considering a significant reduction in tariffs on Chinese goods, potentially dropping the rates from 145% to as low as 50-65%. Discussions are ongoing within […]
Bitcoin Breaks Record as Trump’s Support for Fed Fuels Market Rally
Bitcoin prices surged past $94,000 in minutes after President Donald Trump indicated support for the Federal Reserve’s policy and hinted at potential easing of trade tensions with China. […]
Market Cheerful Amid Trump’s Quiet on Trade
Positive momentum in the financial markets persists despite uncertainty surrounding President Trump’s stance on trade disputes. Forexlive analyst Adam Button notes that the U.S. dollar is regaining some […]
RTX and GE Aerospace Face Over $1 Billion Tariff Impact
New tariffs imposed by the U.S. government threaten to significantly impact RTX Corp. and GE Aerospace, leading to projected financial losses exceeding $1 billion for both companies. These […]
Economists Sound Alarm over Trump’s 2025 Tariff Policies
Over 1,300 economists have publicly denounced President Trump’s tariffs implemented through executive orders since 2025. Critics warn these policies echo protectionist measures of the 1930s and could lead […]
Gold Price Hits Record High as Global Trade Tensions Rise
Global trade tensions continue to rise, creating a challenging economic climate that is influencing gold prices. This precious metal has recently reached its highest price point ever recorded.
Is a New Bull Run Approaching? Trade Tensions Spark Uncertainty in Aviation and Global Markets
A recent Boeing 737 aircraft returning to the US from China highlights the tangible effects of ongoing trade tensions between the U.S. and China, impacting various sectors. The […]