US President Donald Trump has suggested reducing tariffs on Chinese goods from 145% to 80% ahead of important trade discussions in Switzerland. While this is a big drop, an 80% tariff is still very high and could make trade difficult between the two countries. Trump mentioned this idea in a post on Truth Social, leaving …
Former US President Donald Trump has once again attacked Jerome Powell, the Chairman of the Federal Reserve, demanding that he cut interest rates right away. In a post on his social media platform, Truth Social, Trump called Powell a "major loser" and warned that the US economy could slow down if interest rates are not …
Senator Elizabeth Warren, a well-known politician from Massachusetts, has issued a serious warning: if President Donald Trump tries to fire Jerome Powell, the head of the Federal Reserve (the US central bank), it could cause a massive crash in the stock market. Warren made these comments after Trump publicly criticized Powell, saying his “termination cannot …
Bitcoin surged to its highest level in over six weeks, reaching approximately $69,745, following remarks by Donald Trump. Over the weekend, Trump stated that he would end the "persecution" of the cryptocurrency sector if elected US President. On Monday, the cryptocurrency's value increased by over 3%, hitting its peak since June 12, when it briefly …
The FTSE 100 has declined as traders increased their wagers on Donald Trump winning the US presidential race following the recent assassination attempt over the weekend. Britain’s leading stock index dropped by as much as 0.7%, while the midcap FTSE 250 fell by 0.4%, reflecting global market jitters amidst political uncertainty in the US. The …
President Joe Biden and former President Donald Trump have both agreed to a series of rules for their upcoming CNN debate, including a provision allowing their microphones to be muted when it is not their turn to speak, CNN announced on Saturday. The debate is set to take place on June 27 at 9 p.m. …
