War: Trump reveals one of 10 conditions for peace deal with Iran
Donald Trump has said that Iran must stop enriching uranium if there is to be lasting peace in the Middle East. Reports indicate that Iran had earlier refused to agree to this condition during previous discussions. Trump also revealed that the United States plans to help locate and remove enriched uranium that was hidden after […]
Trump threatens 200% tariffs on French wine over Board of Peace dispute
Former US President Donald Trump has threatened to impose a massive 200 percent tariff on French wine, escalating tensions between the United States and France. The warning followed a dispute linked to the so-called “Board of Peace,” which Trump claims is being used to undermine American interests. Trump accused France of taking unfair positions and […]
Trump, Xi to meet as US-China trade tensions reignite
Tensions between the United States and China have resurfaced, prompting Presidents Donald Trump and Xi Jinping to schedule a meeting later in October. The renewed strain comes after Washington threatened to impose additional 100 percent tariffs on Chinese goods, a move seen as retaliation for Beijing’s decision to tighten export controls on rare earth materials. […]
Trump Always Chickens Out’: Taco Jibe Ruffles President’s Feathers
There’s a new joke making the rounds among investors on Wall Street. It’s called the “Taco trade,” short for “Trump Always Chickens Out.” This nickname suggests that whenever Donald Trump makes moves that scare the markets, he usually steps back or changes his approach later. Investors are using this idea to make sense of how […]
China cuts off new investments in US private equity
Recently, China decided to stop making new investments in US private equity firms. This move is part of China’s response to the trade tensions with the United States. According to the Financial Times, many large Chinese investors have stopped putting money into funds managed by US-based private equity firms. This decision comes after pressure from […]
We are not afraid – Xi Jinping says as China Raises Tariffs on U.S goods to 125% as Tit-For-Tat Trade War Escalates
The trade war between China and the U.S. is getting even more serious. On April 11, China announced it will raise taxes on American goods from an average of 84% to a massive 125%. This is China’s strongest move yet in response to U.S. tariffs. President Xi Jinping said during a meeting with Spain’s Prime […]
Tariffs: US, Vietnam agree to begin trade deal talks
The United States and Vietnam have agreed to begin talks for a trade deal, according to an announcement from Vietnam on Thursday. This decision came just hours after US President Donald Trump said he would pause the 46% tariff on Vietnamese products for 90 days. The Vietnamese government said both countries will work on removing […]
Tariff war could cut US-China goods trade by 80% – WTO Chief Okonjo-Iweala
The head of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has warned that the trade war between the United States and China could cut goods trade between the two countries by 80%. She said this could also hurt the rest of the world’s economy. “The escalating trade tensions between the United States and China pose […]
US tariffs: Stop playing politics, cut interest rate – Trump to Fed Reserve Chairman
Former U.S. President Donald Trump is asking Federal Reserve Chairman Jerome Powell to cut interest rates. He believes now is the perfect time to make the move and says Powell should stop playing politics. Trump made the statement on his social media platform, Truth. He criticized Powell for usually being late in making decisions but […]
Tariffs: Trump to meet Canada, Mexico
US President Donald Trump may soon find a middle ground on tariffs with Canada and Mexico. US Commerce Secretary Howard Lutnick shared this update on Tuesday, saying an announcement could come as early as Wednesday. Trump’s decision to impose a 25% tariff on imports from Canada and Mexico took effect on Tuesday. At the same […]