Learn about the Trump administration’s plan to temporarily impose tariffs on global imports using an old trade law. Discover why this matters and what could happen next.
Global Economic
Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
US Credit Rating Downgraded: What It Means for Debt and Gold Prices
Moody’s downgraded the US credit rating due to a $36 trillion debt. Learn how this affects Treasury bonds, gold prices, and the economy.
Donald Trump is proving disastrous for big tech
In the weeks after the re-election of Donald Trump, the bosses of America’s tech giants worked hard to ingratiate themselves withthe returning president, congratulating him publicly and dutifullyturning up to his inauguration. Mark Zuckerberg, the bossof Meta, gushed that it was nice to have an administration that was “proud” of America’s tech champions.
Explainer: Why Donald Trump has slapped up to 245% tariff on China
Donald Trump has placed high tariffs on Chinese goods. This is in response to China’s control over minerals. These minerals are important for many industries. The US relies on China for these resources. Trump’s move aims to protect US security. China says it will take action. The US is working to build its own mineral industry.
Extreme volatility sends US stocks on a roller coaster ride as Wall Street is rattled by tariffs
US stocks mostly fell after an extremely volatile day Monday — tumbling, surging and then bouncing around in every direction, as traders searched for any sign that President Donald Trump’s tariffs could be negotiated or halted.
Donald Trump levies reciprocal tariffs: Gold, silver bullion among top 50 exempt items. Full list here
US President Donald Trump announced reciprocal tariffs on India, China, and several other countries in the wee hours of Thursday morning, sending the global markets into a tizzy. While announcing the tariffs, the White House said that the non-tariff barriers also deprive the American manufacturers of reciprocal access to markets globally.
Reciprocal tariffs: Trump eyes ‘making America prosper again’ from April 2, while India has cause for concern
US President Donald Trump slammed India’s import duties in his first speech to a joint session of Congress on Wednesday. Trump specifically targeted India’s tariffs on automobile imports saying, “India charges us auto tariffs higher than 100 per cent.”
Donald Trump: US will mediate Ukraine ceasefire
Gold eased to $2,920 an ounce on Friday, after hitting a record-high of $2,939.99 earlier in the session, as markets assessed global demand for safety and the Fed’s monetary policy outlook.
Donald Trump announces 25% tariff on steel, aluminium imports into US
US President Donald Trump announced new 25% tariffs on all steel and aluminium imports into the country, marking a significant escalation in his trade policy. Speaking to reporters aboard Air Force One en route to the NFL Super Bowl, Trump revealed that the official announcement will come on Monday.
Trump does dirty business again
Just when the global markets were coming to terms with Trump’s disruptive trade policies, the US President announced his paln to impose reciprocal tariffs on countries, instead of a blanket tariff. This has further muddied the trade waters and increased volatility in markets.