Gold price holds steady amid concerns over Trump's tariff plans – FXStreet
Gold prices will rise in early European sessions on Friday. The fear of trade wars and lower US bond yields support precious metals. Investors are braces for January retail sales data in the US, scheduled for the second half of Friday. Gold prices (XAU/USD) will be extended early in Europe's trade hours on Friday. There […]
‘I’m Very Intrigued’: Economist Steve Moore Says Trump’s Tariff Deal With India Is ‘Risky’ But Might Work
When President Donald Trump announced a budding tariff contract with India, economist Steve Moore was heavily on issues related to Fox Business on Thursday. At a press conference with Indian Prime Minister Narendra Modi, Trump said India needs to deal with the excessive tariffs it places on US imports and plans to tackle these issues […]
Trump drops tariff hammer on world: ‘Whatever they charge us, we charge them’
President Donald Trump signed the president's memorandum on Thursday, announcing the administration's plan to implement mutual tariffs with all US trading partners. Trump said the plan would create a “level playing field” by charging foreign countries at the same rate as the US. “Nothing else!” The memo directed Howard Lutnick, the president's candidate for the […]
Stocks rise as investors try to shake off inflation and tariff concerns: Live updates – CNBC
The trader works on the floor of the New York Stock Exchange on February 4, 2025. NYSE The stocks were framed higher as traders weighed slightly higher than expected, leaving behind tensions in global trade. Dow Jones Industrial Average He scored 63 points, or 0.1%. S&P 500 Climb 0.3%, Nasdaq Composite Altitude of 0.6%. The […]
India’s Modi brings a tariff ‘gift’ to Trump talks
Indian Prime Minister Narendra Modi will be giving him a gift when he meets Donald Trump on Thursday. Trump has wielded tariff threats on his friends and enemies in an attempt to extract new trade deals, investments, or law enforcement support, not yet a month after his presidency. India may not be the exception. Trump […]
McConnell warns of 'big, lingering concerns' with Trump tariff plan
Former Senate Republican leader Mitch McConnell (Ky.) warned on Wednesday about President Trump's tariff plans and “big, lingering concerns.” “In recent weeks, the president has sought to charge cleaning fees on Mexico, Canada and China, as well as major imports such as steel and aluminum,” McConnell said in his opinion. Works for the Courier Journal. […]
The Tariff Story No One Will Show You…
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FACT CHECK: Is Denmark Planning To Charge Americans A 500% Tariff On Ozempic?
Screenshots of X Posts Share on Instagram The claim is said to be that Denmark plans to charge Americans 500% of Ozenpic's tariff. Verdict: False According to USA Today, the claim comes from LinkedIn and is satire. The outlet also noted that tariffs apply to imports that are not exported. Fact check: Danish Prime Minister […]
EUR/USD slips into a third straight loss as tariff concerns weigh – FXStreet
EUR/USD lost another 0.3% on Monday, returning to 1.0300. President Trump signed the sweeping fee late Monday. This week, US inflation data to control market flows. The EUR/USD fell by about a third of 1% on Monday, returning to the 1.0300 handle as market sentiment took the knee. Investors are waiting for a clearer signal […]
Tariff hawks eager to see de minimis rule shuttered after Trump pause
Last week, President Trump pumped the brakes with a pledge to close import tax exemptions from China on cheap consumer goods. The suspension opens another front in the president's promised trade war, but the delays that close the so-called minimal loophole are now closed, and the preparations and policy groups head on the chaotic start […]