Tag: Trade war
Trade Policy Uncertainty Forces Fed to Delay Rate Hikes
Chicago Federal Reserve President Austan Goolsbee was like, "Yo, Trump's new tariffs are making things hella complicated for us." He mentioned in an interview with CNBC that the Fed is gonna have to hold...
Trump proposes 50% tariff on EU, rejects trade deal with bloc
President Donald Trump went on a Twitter rant on Friday, spewing about his frustrations with the European Union and threatening to slap them with a hefty 50% tariff starting June 1. According to Trump,...
Trump’s iPhone Tariff Threat: Impact on Production in the U.S.
President Donald Trump and Apple CEO Tim Cook's relationship is on the rocks over the idea of making iPhones in the U.S. Let's break it down, folks. Trump recently expressed his displeasure with Cook,...
Trump Urges Walmart to Absorb Tariffs, Threatens Price Hikes
People were out shopping at a Walmart in Rosemead, California, on April 11, 2025. The scene was bustling as customers browsed the aisles for deals and essentials. President Donald Trump took to Truth Social...
Trade War Shifts Attention: Tariffs Overtake AI in Earnings Calls
As a freshly minted journalist, I was thrilled to tune in to a live stream event on a fine Friday afternoon. The broadcast, hosted by Alex Harring, was scheduled to start at 4:03 PM...
White House Criticizes Amazon: ‘Hostile Tariff Cost Report’
So, like, the White House totally slammed Amazon on Tuesday for, like, planning to show the cost of Trump's tariffs next to product prices, which is apparently a big no-no in their book. White...
Effects of Tariffs on U.S. Consumer Inflation and Recession
Amid the bustling waterfront of Portland, Maine, U.S., shadows of shoppers fall on the pavement as they navigate the streets with their bags in tow. This picturesque scene belies a deeper truth - cracks...
Warren Buffett Criticizes Trump’s Tariffs as Tax on Goods
Renowned investor Warren Buffett recently shared his thoughts on President Donald Trump's tariffs, cautioning that these punitive measures could ultimately lead to inflation and negatively impact consumers. Speaking at a press conference during the...
China imposes 15% tariffs on select U.S. imports from Feb. 10
China's Announcement of 15% Tariffs on U.S. Imports Sparks Trade TensionsIn a move that shocked the global market, China recently unveiled a series of retaliatory measures against the United States on Tuesday. This announcement...
Chip Suppliers’ Shares Surge Amid Reports of Softened China Restrictions
Shares of major global semiconductor equipment companies saw a significant increase on Thursday following reports that the U.S. is considering imposing sanctions on China's chip industry that may not be as strict as previously...
China’s Annual Growth Target Likely to Be Missed – Economic Analysis and Forecast
The recent economic data from China has been disappointing, leading to a revision in the annual GDP growth forecast for 2024. The country's economy has shown a renewed downturn, with weak domestic consumption being...
China’s Economic Recovery Not Strong Enough: Senior Party Official’s Statement
China's senior party official for economic affairs recently made a statement regarding the country's economic recovery. According to the official, China's economic recovery is not as strong as it should be. In order to...
Dispelling the Myth: Trump’s Impact on the Bull Market
More and more people in the business world are expressing concerns about what President Donald Trump's policies and behavior might do to the economy. However, despite the worries, the stock market continues to soar...
Is Trump the reason for record-breaking stock market highs?
The stock market hit record highs on Monday, with the Dow, S&P 500, Nasdaq, and Russell 2000 all reaching new peaks. Investors are excited and optimistic about the future of both large multinational companies...
Mexico’s Plan to Impact American Corn Farmers
Mexico is considering making a significant change that could have a big impact on American corn farmers. Mexican senator Armando Rios Piter, who leads a congressional committee on foreign relations, announced that he will...