Hey there! If you’ve been following the news, you might’ve heard some buzz about President Donald Trump and Federal Reserve Chair Jerome Powell. On July 16, 2025, Trump made headlines by saying he’s not planning to fire Powell. But, as you might guess with Trump, there’s more to the story. Let’s break it down in a way that’s easy to follow and feels like a chat with a friend.
Politics
At Gold Silver Reports, we cover the latest politics news and updates including government policies, elections, economic reforms, and global political developments. Stay informed with expert insights and analysis on how politics impacts markets and investments.
Israel, Iran Trade Blows for Third Day With No Sign of Letup
Israel and Iran continued intense bombardments on one another’s territories for the third day, with no sign of a reprieve and growing concerns over a wider conflict in one of the world’s key oil-producing regions.
US-China trade truce back on track after London talks
The US and China have reached a new framework to revive their trade truce, with both sides signaling readiness to ease tariffs and resolve rare earth export issues.
The easing in the US-China trade war has put pressure on the price of gold denominated in US dollars.
The US dollar (USD) continues to attract demand as short-covering and easing of the US-China trade war keep putting bearish pressure on the USD-denominated gold price, while US Treasury bond yields and risk sentiment turn south again.
Russia-Ukraine Tensions: Latest Updates and Discussions April 2025
Stay informed on the latest developments in Russia-Ukraine tensions as of April 2025. Explore ceasefire talks, military actions, and diplomatic efforts shaping the conflict. Get insights into global responses and peace negotiations.
United States is preparing to reduce tariffs on China by 50%, WSJ reports.
The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a source familiar with the matter said on Wednesday, adding that any action would not be made unilaterally.
Zelensky urges immediate talks with US
Ukrainian President Volodymyr Zelensky reiterated his country’s willingness to engage in peace negotiations, emphasising that Ukraine does not seek an “endless war.” Writing on X (formerly Twitter), Zelensky stated, “Ukraine is ready to come to the negotiating table as soon as possible to bring lasting peace closer. Nobody wants peace more than Ukrainians.”