2025-02-03 @ 14:03
The economic impact of President Trump’s new tariffs on imports from Canada, Mexico, and China is causing widespread concern. With 25% tariffs on Canadian and Mexican goods, 10% on Chinese imports, and the suspension of the Section 321 exemption, industries face rising costs and disrupted trade. Canadian energy tariffs may increase further, while American businesses brace for higher consumer prices and supply chain challenges. Retaliatory measures from affected nations could fuel escalating trade tensions and further economic uncertainty.
2025-01-23 @ 14:02
The Evolution of China Tariffs: Trump vs. Biden explores how tariffs shaped US-China trade under both administrations. Trump’s aggressive policies imposed taxes on $380 billion in trade, while Biden maintained many tariffs, adding $18 billion in new measures. These policies led to GDP losses, job declines, and higher consumer costs. Now, with Trump’s second term, a strategic shift toward dialogue signals a potential recalibration. Discover how this evolving dynamic impacts global markets and the US economy.
2025-01-23 @ 10:01
Japan’s economy is on a transformative path, with core inflation expected to stay above the BOJ’s 2% target through 2025. Wage hikes, driven by robust labor market trends, are fueling disposable income and consumer spending. The BOJ’s strategic rate hikes and structural improvements in productivity, technology, and governance further support sustainable growth. This virtuous cycle of wages, prices, and spending is reshaping Japan’s economic landscape, aligning the nation with a more stable and resilient future ahead.
Trump Reiterates Demand for EU to Boost U.S. Energy Purchases
President Trump is urging the EU to increase energy imports from the U.S., aiming to reduce trade imbalances, strengthen U.S. energy exports, and bolster global energy dominance. This move aligns with his “America First” agenda, offering potential benefits for the EU, such as enhanced energy security and competitive pricing. If adopted, this shift could reshape global energy markets, challenge existing suppliers like Russia, and create economic ripple effects in the U.S. and abroad.
2025-01-22 @ 14:02
President Trump announces 25% tariffs on imports from Canada and Mexico starting February 1, 2025. Aimed at addressing migration and drug policy challenges, the tariffs could raise U.S. consumer costs by $1,500 annually, triggering inflation. A proposed External Revenue Service would oversee trade revenues but requires Congressional approval. These tariffs are part of broader trade measures, including potential 60% tariffs on Chinese goods, alongside energy initiatives like Arctic drilling to boost energy independence. Economists warn of widespread economic repercussions.
2025-01-14 @ 22:01
US markets rallied this week as optimism grew over reports of a phased rollout for tariff policies under President-elect Donald Trump’s economic team. Investors welcomed the cautious approach, aimed at reducing inflation risk, with US stock futures gaining, European equities rebounding, and treasury yields stabilizing. However, the US dollar weakened, ending its six-day winning streak, while Tokyo stocks faced potential declines. This measured strategy has provided a much-needed boost in confidence amid recent market volatility.
2025-01-14 @ 18:02
December 2024 saw a labor market surge with 256,000 new jobs added—the largest gain since March 2024. Beating economists’ expectations, this growth signals economic resilience despite challenges like high interest rates. Key sectors like healthcare, technology, and services likely fueled the hiring boom, boosting consumer spending and GDP. With this momentum, the U.S. economy enters 2025 on a strong footing, promising stability for workers, businesses, and investors. Catch the full breakdown of December’s job numbers.
2025-01-14 @ 14:01
Trump’s economic advisers are exploring a gradual tariff hike strategy, which proposes incremental monthly increases of 2% to 5% on imports. This approach aims to strengthen trade negotiation leverage and manage inflation, minimizing economic shocks. Backed by the International Emergency Economic Powers Act (IEEPA), the strategy grants executive authority to implement changes swiftly. However, the potential market uncertainty and ripple effects across industries have sparked debates, leaving investors and businesses watching closely for clarity on its long-term impact.
2025-01-14 @ 12:22
China’s central bank has resumed gold purchases, adding 5 tonnes in November 2024 after a six-month hiatus. This move reflects Beijing’s strategy to hedge against global economic uncertainties, diversify its reserves away from the US dollar, and counter a weakening renminbi. As central banks globally added 53 tonnes of gold last month, emerging economies like China, India, and Poland are driving demand. With geopolitical tensions and inflation concerns rising, gold continues to shine as a key stabilizing asset.
