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 […]
European stocks swing to losses after China retaliates with higher tariffs on U.S. goods – CNBC
America will be hit far more harder than Europe in the trade war, says top EU officials EU Economic and Productivity Commissioner Bardis Dombrovskis was portrayed before an informal meeting of the EU Minister and Central Bank Governor (ECOFIN) for EU Economic and Finance Affairs held in Warsaw, Poland on April 11, 2025. Wojtek radwanski […]
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 […]
Vietnam prepared to crack down on Chinese trade to avoid Trump tariffs
Gordon Chang, a senior fellow at the Gatestone Institute, discusses a potential tariff talk with China in “The Evening Edit.” Vietnam is reportedly ready to crack down on Chinese goods shipped to the US via its own territory to avoid compromising US tariffs. The offer, initially reported by Reuters, raised concerns about Chinese goods sent […]
Canada launches WTO dispute over US auto tariffs
Brian Brenberg, host of Fox Business's The Big Money Show, will join Faulkner Focus to discuss Canada launching a complaint about WTO dispute over Trump's automobile fare. Canada has started complaining to the World Trade Organization President Donald Trump It will administer 25% of the mandate on automobile imports from neighboring countries. The World Trade […]
China announces countermeasures by raising tariffs on US goods from 84% to 125% from Saturday
China announced measures on Friday, raising tariffs on US goods from 84% to 125% from Saturday. The United States and China expanded the trade war by raising tariffs, even if US President Donald Trump suspends tariffs in other countries. Trump's universal tariffs on China total 145%. On April 10, 2025, Chinese cargo containers were stacked […]
Winners and losers from the Trump tariffs drama
President Trump blinked Wednesday, suspending most of the tariffs he had tried to put in countries around the world. One major exception is China, and is now the focus of the escalation of the trade war. While China's US tariffs currently total 145%, China is seeking retaliation for US imports that rose to 125% early […]
March inflation slowed; Fed watching tariffs’ price impact
Angie Newman, UBS Global Wealth Management Manager, discusses market responses amid trade tensions and advises clients and investors. Inflation rose at a slower pace than expected in March, but it far surpassed the Federal Reserve targets as central banks prepare to monitor the impact of tariffs on consumer prices in weeks and months. On Thursday, […]
Magnificent Seven adds whopping $1.5T in value as Trump pauses sweeping tariffs
After President Trump suspends his sweeping tariffs for 90 days, “The Magnificent Seven” shares accumulated more than $1.5 trillion on Wednesday, easing pressure on the tech giant that fell over in recent sessions. Profit did not erase $3.4 trillion worth Companies have fallen out collectively Around $2 trillion of these losses have come since last […]