Cocoa Prices Affected by US Tariff Reduction
Cocoa Market Update On Monday, cocoa futures on the December ICE NY closed lower, down by 23 points (or 0.44%), while the December ICE London Cocoa #7 fell by 60 points (1.47%). The decline in cocoa prices follows last Friday’s announcement from the Trump administration regarding the removal of a 10% reciprocal tariff on non-U.S. […]
The Fed’s Tariff Research Completely Changed the Inflation Narrative
San Francisco Fed Challenges Common Tariff Beliefs For a long time, economists and the media have warned about the impacts of customs duties, particularly that they increase prices. This has been a key point in lawsuits against President Donald Trump’s trade policies. The common understanding is that higher tariffs result in higher costs for consumers […]
Trump provides information on when $2,000 tariff dividend payments might be issued
Trump’s Tariff Dividend Checks: Update on Timing In Washington, President Trump has indicated that the much-discussed $2,000 tariff dividend checks for Americans are set to become reality, though the exact date hasn’t been pinned down yet. On Friday, the president updated the potential schedule for the payments, clarifying that they wouldn’t be available in time […]
Trump’s dinner with leading CEOs included discussions on a thriving economy and tariff issues.
Recently, a group of leading CEOs enjoyed dinner with President Trump at the White House, discussing an American economy that he optimistically claims is on the brink of unprecedented growth reminiscent of the 1980s. Yet, many attendees left feeling uncertain about whether the president truly grasps the economic landscape. While they agreed that initiatives like […]
Cocoa Prices Affected by Potential US Tariff Reductions and Sufficient Global Supplies
Cocoa Prices Decline Amid Mixed Signals On Friday, cocoa prices witnessed a notable drop, with December ICE NY Cocoa (CCZ25) closing down by 200 points, or 3.64%. Similarly, December ICE London Cocoa #7 (CAZ25) fell by 37 points, equating to a 0.90% decline. This week’s downturn pushed cocoa prices to a 1.75-year low. The pressure […]
The Week When the Fed’s Research Discredited Its Preferred Tariff Idea
Chicago Boycotts America Amid Economic Turmoil Happy Friday! This is your weekly wrap-up, reflecting on a week filled with economic news ranging from institutional setbacks to market challenges. The Federal Reserve has revealed that its choice to keep interest rates steady is based on a significant theoretical misunderstanding. Italian pasta manufacturers have indicated that tariffs […]
Coffee Prices Affected by Possible US Tariff Reductions
Coffee Market Update On Thursday, December Arabica Coffee closed down by 1.95, which is a decrease of 0.48%. Meanwhile, January ICE Robusta Coffee also saw a decline, dropping 23 points or 0.53%. For the second consecutive day, coffee prices declined, and robusta reached a two-week low, largely due to the potential for U.S. tariff reductions. […]
US Cocoa Prices Drop Due to Potential Tariff Cuts
Cocoa Market Update On Wednesday, December ICE NY Cocoa (CCZ25) concluded at -204, marking a decline of 3.50%, while December ICE London Cocoa #7 (CAZ25) saw a slight increase of +17, or 0.41%. Cocoa prices displayed mixed trends before stabilizing, with New York cocoa plummeting to its lowest point in 1.75 years for recent futures. […]
Trump and Scott Bessent Have Different Views on Tariff Rebate Checks
Bessent Responds to Trump’s Tariff Refund Promise Treasury Secretary Scott Bessent recently addressed President Donald Trump’s proposal regarding tariff refund checks. On Sunday, Trump announced via Truth Social that funds generated from tariffs would be used to provide a dividend of at least $2,000 to every American, excluding high-income earners. However, Bessent clarified during an […]
Trump’s tariff benefits encounter legal and political challenges
President Trump’s suggestion to use tariff revenues to provide “at least” $2,000 to individuals is encountering legal and logistical challenges, as well as skepticism from some right-leaning figures. This isn’t the first time he’s mentioned dividend payments to Americans; however, this latest proposal emerges amid mounting public frustration over costs and a Supreme Court case […]