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Kevin O’Leary urged the Trump administration to impose a 400% tariff on Chinese goods, arguing that the current 104% tariff is insufficient to compel China to follow trade rules. O’Leary said these statements prior to U.S. President Donald Trump pausing tariffs for 90 days on Wednesday afternoon. O’Leary Calls for Maximum Pressure on China Canadian … Read more
Wall Street rebounded sharply on April 9 after President Donald Trump announced a 90-day pause on tariffs, temporarily easing trade tensions. Bitcoin roared past the $82,000 range at 1:50 p.m. Eastern Time on Wednesday. Trump’s Temporary Tariff Freeze Lifts Wall Street and Crypto The S&P 500 jumped over 7.6%, the Dow Jones Industrial Average climbed … Read more
On Wednesday, as President Donald Trump’s tariffs officially went into effect, long-term bond yields began charting a steady climb toward historic peaks. Recent figures reveal that the yield on the U.S. 30-year Treasury note experienced its most significant weekly rise since 1981. Basis Trade Dysfunction Sends Shockwaves Through Markets Trump’s trade conflict has unsettled financial … Read more
U.S. President Donald Trump accused Beijing of currency manipulation to offset tariff impacts, warning that the practice may backfire on the oil-importing Asian nation. Offshore Yuan Falls to 7.42 per Dollar With just hours before the United States’ latest retaliatory tariffs against China were set to take effect, U.S. President Donald Trump accused Beijing of … Read more
Tim Draper is all in on Trump’s trade offensive, calling it a powerful reset to end global freeloading, crush weak leadership, and spark massive U.S. innovation. Tim Draper Endorses Trump’s Trade Offense, Calls Xi a ‘Weak Leader’ in Global Face-off Venture capitalist Tim Draper expressed strong support for Donald Trump’s economic and trade initiatives in … Read more
A U.S. billionaire has called for a more measured approach to tariffs and proposed a 10% across-the-board tariff. He believes this would compensate for historically unfair trade practices that have contributed to the United States’ massive deficits and national debt. Ackman: Maintain Pressure on China Billionaire Bill Ackman has urged the Trump administration to be … Read more
The early uptick in both equities and digital assets lost steam by Tuesday afternoon, as multiple key U.S. indices drifted into the red. Later in the day, the White House affirmed that the tariff rate on Chinese imports would climb to 104%. Stocks Meander, Crypto Dips as U.S.-China Trade Conflict Escalates By 2 p.m. on … Read more
China is throwing down the economic gauntlet as Trump’s 104% tariffs take effect, signaling a long-game trade war strategy fueled by yuan devaluation and relentless countermeasures. Trump Escalates, but China’s Playing for the Win—Expert Sees Warpath Ahead China is sharpening its stance in the economic clash with the United States, issuing what financial leader Nigel … Read more
World Liberty Financial has proposed testing its onchain airdrop system by distributing small amounts of its USD1 stablecoin to holders of its native WLFI token. Trump’s DeFi Project Eyes Airdrop to Validate Stablecoin Infrastructure The proposal, outlined in a recent advisory document, recommends sending a fixed amount of USD1 to all eligible WLFI token holders … Read more
President Donald Trump remarked on the effects of the newly established reciprocal tariff scheme, including lower prices across the board and reduced inflation. He also stated that the U.S. would respond with stiffer tariffs if China continued to retaliate. Trade War Escalates as Trump Celebrates Price Drops, Floats Higher Tariff Regime Against China The global … Read more