In a recent visit to Mar-a-Lago, Treasury Secretary Bessent emphasized that Trump's tariff discussions are disconnected from market realities, urging a focus on the endgame amidst China's missteps.
A looming trade war between the US and China could see tariffs rise by over 100%, threatening the global economy and consumer prices. With both nations refusing to back down, the fallout could be catastrophic.
The trade war between the US and China intensifies as Trump threatens to double tariffs. With both nations locked in a standoff, economic experts warn of long-term repercussions for global markets.
After a tumultuous trading session, Asia's financial markets are showing signs of optimism, with Japan's Nikkei leading the gains. Analysts attribute this rebound to a natural market bounce and developments in US-China trade relations.
Tensions escalate as Trump threatens China with a 50% tariff unless it retracts its counter-tariff. The potential trade war sends global markets into turmoil, with significant impacts on US-China trade relations.
President Trump's recent tariffs were touted as 'reciprocal', but a closer look reveals a simple and misleading calculation. Experts warn that these measures could have severe consequences for international trade and U.S. companies.
In a surprising move, Sen. Mitch McConnell and three GOP senators voted to undo Trump's tariffs on Canadian imports, citing the need to reinforce alliances and protect the American economy amidst rising costs.
In a groundbreaking announcement, President Trump reveals plans for universal tariffs that could reshape global trade. Experts warn of economic fallout, with potential repercussions for the UK and worldwide markets. Can the US afford this bold move?
In a bold move, President Trump has invoked emergency powers to enhance domestic production of critical minerals, aiming to reduce reliance on imports from China amidst escalating trade tensions. The executive order prioritizes mining projects and expedites permits to secure vital resources for national security.
The crypto market suffered significant losses on Friday as XRP and Dogecoin plunged over 10%. This turmoil follows the announcement of fresh U.S. tariffs on China, raising fears of an escalating trade war. Bitcoin dipped to near $79,000, marking a nearly 30% fall since January's peak. With overall market sentiment bearish, traders are anxious about the impact of upcoming economic decisions from China.