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BRICS Trade Tariff

Trump Threatens Extra 10% BRICS Trade Tariff for Aligning with Policies

Trump Warns of 10% BRICS Trade Tariff for Policy Alignment: On July 7, President Donald Trump escalated his trade stance, announcing that any country perceived to “align with the anti‑American policies of BRICS” will be hit with an additional 10% tariff, effective August 1, unless trade deals are secured by July 9. White House Commerce Secretary Howard Lutnick […]

Asian Auto Stocks Extend Losses as Trump’s Import Tax Plan Sparks Selloff

Asian automakers faced another day of declining share prices as markets reacted to former U.S. President Donald Trump’s push for hefty new import taxes on foreign-made cars. Industry giants such as Toyota, Honda, and Hyundai recorded further drops, with analysts warning that the policy could squeeze profit margins and disrupt international trade flows. Trump, who […]

Investors Flee Equities as Trump-Driven Uncertainty Sparks Economic Worries

Investors are fleeing equities as uncertainty driven by President Donald Trump’s policies sparks widespread economic worries. The S&P 500 and Dow Jones Industrial Average both posted significant losses this week, with analysts attributing the sell-off to fears of potential trade wars and regulatory changes. “The market is responding to the unpredictability of Trump’s policies,” noted […]

Bitcoin Falls as Volatility Continues After Trump’s Bitcoin Reserve Plan

Bitcoin experienced significant volatility on Monday, dropping by 5% to $85,000, following former President Donald Trump’s announcement of a proposed Bitcoin reserve plan. The plan, which aims to create a U.S. strategic Bitcoin reserve, has sparked mixed reactions from investors and analysts. “The market is reacting to the uncertainty surrounding Trump’s proposal,” said a cryptocurrency […]

Trump Blames Globalists for Stock Market Sell-Off

U.S. President Donald Trump has blamed globalists for the recent stock market sell-off, claiming that their policies are undermining American economic interests. In a statement released on Wednesday, Trump accused globalist elites of manipulating markets to benefit foreign economies at the expense of the United States. “The globalists are destroying our economy and hurting hardworking […]

Trump Announces Tariffs on Mexico and Canada, Adds 10% Levy on Chinese Imports

U.S. President Donald Trump has announced the imposition of tariffs on imports from Mexico and Canada, effective March 4, alongside an additional 10% levy on Chinese goods. The move is part of Trump’s broader strategy to protect American industries and address trade imbalances, but it has sparked concerns about potential economic repercussions and strained international […]

Oil Prices Rebound from 2-Month Lows After Trump Revokes Chevron’s Venezuela License

Oil prices saw a notable recovery from two-month lows on Tuesday, driven by geopolitical tensions after  U.S.  President Donald Trump revoked Chevron’s authorization to operate in Venezuela. The decision, which came as a surprise to many, has raised concerns about potential disruptions in global oil supply, particularly from Venezuela, a key OPEC member. Brent crude […]

Trump Threatens Retaliatory Tariffs Over Digital Taxes

President Donald Trump announced on February 21, 2025, that he plans to impose retaliatory tariffs on countries implementing digital taxes targeting U.S. tech companies. The move comes in response to growing concerns over unfair taxation practices that disproportionately affect American firms like Google, Amazon, and Facebook. Trump stated that the tariffs could take effect as […]

Trump Aims to Reshape Asia’s Energy Supplies with U.S. Natural Gas

The Trump administration is pushing to reshape Asia’s energy landscape by increasing exports of U.S. natural gas to the region. The initiative, announced on February 21, 2025, aims to strengthen economic ties with Asian nations while reducing their reliance on energy supplies from rival countries. Under the plan, the U.S. will expand liquefied natural gas […]

Nearly 90% of Japanese Companies View Trump as Bad for Business: Reuters Survey

A recent Reuters survey has revealed that nearly 90% of Japanese companies view former U.S. President Donald Trump as bad for business. The survey, conducted in February 2025, highlights concerns over Trump’s trade policies and their potential impact on global markets. Japanese firms cited tariffs, trade restrictions, and unpredictable policy decisions as key factors contributing […]

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