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Big bank CEOs weigh in on Trump’s tariffs

Former Commerce Secretary Wilbur Ross breaks down tariff talks with China with “Kudrow.” CEOs of the two largest banks in America, how the president is Donald Trump's Tariffs and other factors have affected the economy and markets with the release of its quarterly revenue report on Friday. JPMorgan Chase CEO Jamie Dimon and Wells Fargo […]

Desperate China Pleads with E.U. to ‘Jointly Resist Unilateral Bullying’ of Trump Tariffs

On Friday, an increasingly hopeless China appealed to European Union members to work with Beijing to resist the “unilateral bullying” brought about by punitive tariffs introduced by US President Donald Trump. Chinese national president Xi Jinping called when he met Spanish socialist Prime Minister Pedro Sanchez. Xinhua, a state communications agency, said Xi Jinping, stressed […]

Bond yields rise as tariffs leave markets uneasy

The bond market sale, which spurred a mid-week reversal on President Trump's tariffs, was pushed up on Friday, with 10-year Treasury bond yields reaching nearly 4.6%, the highest level since February. The Ministry of Finance's bond yield in two years was nearly 4%, exceeding 4.2% for five years, and the Ministry of Finance was about […]

Will Trump’s tariffs affect U.S. jobs?

Again, once again: Since President Trump's inauguration speech, the potential economic radioactive illusion of tariffs has been bothering Americans when he proposed “customers and tax foreign countries to enrich the citizens.” Global tariffs were announced, revised or withdrawn in February and March, but for example, new tariffs on all steel and aluminum imports came into […]

Trump’s tariffs: Which ones have been imposed and which were paused?

Press Director Caroline Levitt and Treasury Secretary Scott Bescent have destroyed President Donald Trump's latest tariff changes, including an increase in tariffs on China and a 90-day suspension on others. The trade war with some of the world's biggest economic forces was suspended on Wednesday as President Donald Trump announced a temporary increase in tariffs […]

Vance: I thought market reaction to Trump tariffs 'could be worse'

Vice President Vance said the market response to President Trump's tariff plans has deteriorated and he thought the White House team was feeling better about the development. “We feel good, look, I honestly think, because in a way, this is a big transition. “You saw the President said earlier today, it seems like a very […]

Billionaire investor Bill Ackman says Trump needs 90-day ‘time out’ on tariffs

Elon Musk says he wants a future for the US and Europe where tariffs are no longer needed. Billionaire Investor Bill Ackman President Donald Trump's mutual tariffs require a 90-day “timeout” and warns the United States will bring about a “self-induced economic nuclear winter.” In a long X post on Sunday, the billionaire founder of […]

Apple supplier considers shifting more production to US over Trump tariffs: report

Major Apple suppliers have suggested that some production could be moved to the US and other countries to avoid the brunt of President Trump's 104% tariffs in China. Luxshare, a Chinese company that assembles the iPhone and creates Airpods, will rethink some planned investments in China as Trump's trade war unfolds, Chairman Wang Laichun said […]