The Trump administration has appealed a federal court ruling that blocked the imposition of tariffs imposed in April 2023. These tariffs, dubbed ‘Liberation Day’ tariffs, were allegedly designed […]
PDD Holdings Reports 47% Q1 Net Profit Drop Amidst Fierce Competition
Temu’s parent company, PDD Holdings, has released its Q1 2025 earnings report, revealing a significant decrease in net profit to $2.05 billion, representing a 47% drop compared to […]
Japan Allocates ¥900 Billion to Mitigate US Tariff Effects
Facing pressure from US tariffs, Japan has announced a ¥900 billion relief package designed to alleviate the economic impact on various sectors. This intervention follows Prime Minister Shigeru […]
Japan Invests $6.3 Billion to Counter US Tariffs’ Impact
Facing the financial consequences of ongoing trade tensions with the United States, Japan has committed a significant investment to alleviate the impact of U.S. tariffs. The country will […]
Japan Allocates $6.3 Billion for U.S. Tariff Relief
To combat the economic impact of US tariffs, Japan is set to allocate $6.3 billion in government funds for an emergency relief plan. According to BlockBeats and Kyodo […]
Japan Invests $6.3 Billion to Mitigate U.S. Tariffs’ Impact
Facing pressure from escalating US tariffs, Japan has unveiled a $6.3 billion economic relief plan aimed at stabilizing its economy and bolstering vulnerable sectors. The funding will address […]
Japan’s Exports Decline Amid US Tariff Challenges
Japan saw a slowdown in exports in April, with shipments to the US declining due to ongoing tariffs imposed by President Trump. This poses a new hurdle for […]
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 […]
Blockworks Expands Data Services Amid US Tariff Discussions
Blockchain media firm Blockworks, co-founded by Jason Yanowitz, is expanding its data services as part of a larger push for greater industry transparency. The expansion comes amidst ongoing […]
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 […]
California Governor Condemns US Tariff Policies
California Governor Gavin Newsom recently delivered a critical message on U.S. tariffs in a social media video. He contends that the current tariff policies pose a threat to […]
EU Weighs Countermeasures Against US Tariffs
The European Commission has launched a public consultation to explore potential responses to U.S. tariffs on goods traded between the two countries. These countermeasures could impact as much […]
EU Halts Countermeasures Against US Tariffs, Signaling Shift in Trade Dispute
The EU has taken a significant step toward easing trade tensions with the U.S., temporarily pausing its countermeasures against American tariffs scheduled to take effect on April 15, […]
Trump Advisor Suggests Potential Reduction in China Tariffs Within Weeks as Bitcoin Rallies
Stephen Miran, White House Council of Economic Advisers Chair, hinted at a potential reduction in US tariffs on China within a few weeks. While not directly involved in […]