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.
Donald Trump escalates trade tensions by proposing new tariffs on Chinese goods and a 25% tax on imports from Canada and Mexico, risking retaliation and shaking North American economic ties.