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Economy

“Dow rallies more than 450 points to start week on hopes Trump is softening tariff stance…”

March 24, 2025

“Stocks jumped Monday on reports that President Donald Trump may hold back from implementing some of his wide-ranging tariff plans, raising hopes the U.S. will avoid plunging the world into an all-out trade war… Trump seemingly lowered the temperature for… Continue Reading…

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Economy

“BofA Says Tariff Risk Dismissed as Stocks Get ‘Monster’ Inflows”

March 24, 2025

“Investors are dismissing the risks that a full-fledged trade war would pose to stocks as “monster” flows of capital keep pouring into global equity markets, Bank of America Corp.’s Michael Hartnett said… “Global investors are not anywhere close to short… Continue Reading…

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Economy

“Trump tariffs… threatens 200% tariff on European wine, champagne”

March 13, 2025

“…European Union: The EU has responded to those metals duties with counter-tariffs on $28 billion in US goods from April, bringing Trump’s trade war across the Atlantic. Trump has threatened targeted tariffs on the bloc of European countries, and he vowed to respond… Continue Reading…

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Economy

“EU retaliates against Trump’s trade moves and hits beef, whiskey, motorcycles with targeted tariffs”

March 12, 2025

“The European Union on Wednesday announced retaliatory trade action with new duties on U.S. industrial and farm products, responding within hours to the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%… “As the U.S. are applying tariffs… Continue Reading…

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Stocks

“Dow tumbles 500 points as new Trump tariffs rekindle market rout…”

March 11, 2025

“The Dow Jones Industrial Average fell Tuesday after President Donald Trump placed additional tariffs on Canadian steel and aluminum coming into the U.S. The 30-stock average lost 565 points, or 1.4%, while the S&P 500 dropped 1%. The Nasdaq Composite slipped 0.6%. In a Truth Social… Continue Reading…

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Economy

“Recession risks rise for all three North American economies over US tariff chaos”

March 10, 2025

“Risks to the Mexican, Canadian and American economies are piling up amid a chaotic implementation of U.S. tariffs that has created deep uncertainties for businesses and decision-makers, according to Reuters polls of economists taken this week… “Given this is so… Continue Reading…

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Business, Economy

“Volkswagen and Stellantis evade Trump’s 25% tariffs, while BMW braces for impact”

March 10, 2025

“Last week, it was announced that President Donald Trump’s new 25% tariffs on Mexico and Canada would exempt vehicles that comply with the USCMA trade deal. German carmaking giant Volkswagen told CNBC that its operations meant it would be exempt… Continue Reading…

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Economy

“Trump backs latest Canada, Mexico tariffs and preps markets for ‘a little disturbance’ during first address to Congress”

March 5, 2025

“The president even acknowledged economic discomfort when discussing tariffs, saying, “there’ll be a little disturbance, but we’re OK with that. It won’t be much.”…” https://finance.yahoo.com/news/trump-backs-latest-canada-mexico-tariffs-and-preps-markets-for-a-little-disturbance-during-first-address-to-congress-041815289.html Of course there will be a little pain. This will fix our problems as a… Continue Reading…

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Business, Cryptocurrencies

“GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as ‘chaos’”

February 12, 2025

“General Motors believes it can mitigate up to 50% of potential North American tariffs threatened by President Donald Trump on imports from Canada and Mexico, CEO Mary Barra said Tuesday. That includes GM potentially avoiding short-term impacts of between 30%… Continue Reading…

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Economy

“Trump to impose 25% tariffs on steel and aluminum — here are the likely winners and losers”

February 10, 2025

“U.S. President Donald Trump on Sunday told reporters that he planned to announce new 25% tariffs on Monday, targeting imports of steel and aluminum. Perhaps unsurprisingly, the biggest winner of the trade tariffs is likely to be the U.S. “At… Continue Reading…

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