Tag: Tariffs
China counters tariffs with yuan devaluation, which is ‘bullish for BTC’
With US President Donald Trump imposing 104% tariffs on Chinese imports, Beijing is responding by letting the yuan weaken against the dollar — a move [...]
Trade War Escalates: U.S. to Impose 104% Tariffs on China
Ignacio Teson•Tuesday, April 8, 2025•1 min read
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Bitcoin relief rally fizzles as White House confirms 104% China tariffs — Will BTC fall to new lows?
Bitcoin’s surprise rebound to $81,180 — which was influenced by fake news regarding a pause on US tariffs — has all but evaporated following White Hou [...]
Bitcoin relief rally fizzles as White House confirms 104% China tariffs — Will BTC fall to new lows?
Bitcoin’s surprise rebound to $81,180 — which was influenced by fake news regarding a pause on US tariffs — has all but evaporated following White Hou [...]
Oil Executives Refrain From Publicly Criticizing Trump or His Tariffs
Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ‘Everyone’s afraid.’
www.nyt [...]
Trump’s Tariffs Are Already Reducing Car Imports and Idling Factories
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.
www.nytimes [...]
Trump Officials Point to Outreach on Tariffs in a Bid to Calm Markets
Jamieson Greer, the United States trade representative, will tell senators the U.S. is economy is in need of “drastic, overdue change.”
www.nytimes.c [...]
Glenn Youngkin on D.E.I., Trump’s Tariffs and a Possible 2028 Run
In an interview, the Republican governor of Virginia spoke at length about his views on diversity efforts, among other subjects.
www.nytimes.com [...]
Walmart+ memberships boost sales amid Trump tariffs, recession fears
Shoppers at the Walmart Supercenter in Burbank during Walmart's multi-week Annual Deals Shopping Event in Burbank Thursday, Nov. 21, 2024.Allen J. Sch [...]
Stock Market Chaos Over Tariffs Could Take Toll on Economy
A big hit to portfolios would be felt acutely by higher-income Americans, whose spending has recently been the biggest driver of the economy.
www.nyt [...]
US futures hold up for now but tariffs threat remains
S&P 500 futures +1.4%Nasdaq futures +1.1%Dow futures +1.7%While there is a suggestion that market players are holding out some optimism for Trump [...]
Dollar fragile as traders look for safe havens on tariff turmoil
The safe havens yen and Swiss franc held near six-month highs on Tuesday while the U.S. dollar nursed broad losses as financial markets grappled with [...]
Trump Says No Pause to Tariffs as He Targets China for Retaliation
The president said he would counter Beijing’s tariffs, which came in response to Mr. Trump’s own levies, with even more tariffs on Chinese imports.
w [...]
Global Leaders Rush to Woo Trump, Hoping to Sway Him on Tariffs
Dozens of foreign governments were trying to appeal to the president to have steep tariffs rolled back, but the president and his advisers have indica [...]
Auto sales are on a ‘roller coaster ride’ as tariffs take effect
DETROIT — Prices of new and used vehicles in the U.S. are expected to notably increase this year amid President Donald Trump's 25% auto tariffs, accor [...]