In a bold move shaking global trade, the U.S. president has announced a dramatic escalation in tariffs on Chinese imports, raising them to a staggering 125% effective immediately. This decision comes alongside a temporary 90-day pause on other tariff plans, offering a brief respite for trading partners outside China. The …
Read More »Why Have Fitch and Goldman Sachs Sounded the Alarm on U.S. Tariff Risks in 2025?
The escalating trade tensions between the United States and China have sparked serious concerns from leading financial institutions, with Fitch Ratings and Goldman Sachs issuing stark warnings about the potential economic fallout from new U.S. tariffs. As the world’s two largest economies lock horns over trade policies, these institutions highlight …
Read More »Bitcoin Slumps as Trump Tariffs Take Effect and Major Holder Reveals $5.9B Loss
Bitcoin tumbled sharply on Wednesday, erasing much of its recent rebound as U.S. President Donald Trump’s steep trade tariffs officially took effect, triggering a broad selloff across global markets and fueling fears of a full-scale trade war. Adding to the pressure was a troubling disclosure from Strategy (NASDAQ:MSTR)—the largest publicly …
Read More »Trade Wars and Fed Dilemmas: A Brewing Economic Tempest
Wall Street is gripped by unease as fears of a looming recession intensify, driven by steep tariffs from the U.S. president that have rattled the global economy and raised questions about the Federal Reserve’s independence. Economic outlooks have darkened, with forecasts pivoting from a hopeful 1.3% GDP growth to a …
Read More »Tariff Turmoil: Fed Officials Warn of Economic Ripples
In a striking revelation, Federal Reserve Bank of Chicago President Austan Goolsbee sounded the alarm on Tuesday about the unexpectedly massive scale of U.S. tariffs, a development that could spell trouble for American importers with limited alternatives. Goolsbee emphasized that these tariffs, far exceeding what most market observers had predicted, …
Read More »Stock Markets Surge Amid Recession Fears and Trade War Jitters
A potential escalation of the trade war could plunge the U.S. and global economies into a recession this year, according to warnings from several major Wall Street banks, a move that might further dampen demand for stocks. Despite these ominous predictions, global stock markets defied the gloom with a robust …
Read More »Bitcoin Rises as Traders Buy the Dip, But Fragile Sentiment Lingers Amid Trump Tariff Threats
Bitcoin prices climbed on Tuesday, extending a rebound from recent five-month lows as dip-buying emerged in the world’s largest cryptocurrency. However, market sentiment remained fragile due to escalating trade tensions sparked by U.S. President Donald Trump’s sweeping tariff measures. By 01:19 ET (05:19 GMT), Bitcoin rose 3.6% to $79,673.5, after …
Read More »Tariff Tsunami Rocks Wall Street: Dow Jones Plunges on Escalating Trade War
Wall Street witnessed a brutal start to the trading week as the Dow Jones Industrial Average (DJIA) was battered by a renewed surge in trade war anxieties. What began with fleeting hopes of tariff extensions quickly evaporated, giving way to a sharp sell-off fueled by President Donald Trump’s aggressive stance …
Read More »Tariff Gambit: Will Trump Force the Fed to Slash Rates?
As President Donald Trump’s bold tariff policies send shockwaves through the U.S. economy, questions are swirling about whether he can strong-arm the Federal Reserve into slashing interest rates. Trump has been vocal in his push for lower rates, insisting they’re essential to cushion the blow from his trade agenda, which …
Read More »U.S. Stock Futures Plunge as Trump Tariffs Stoke Recession Fears
U.S. stock index futures tumbled sharply on Monday, extending the recent market rout, as investors reacted to U.S. President Donald Trump’s renewed commitment to sweeping trade tariffs. The escalating trade tensions have fueled mounting concerns about a potential recession and triggered a broad wave of risk aversion. As of 07:20 …
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