[ad_1] On April 4, 2025, the Trump administration formally announced the reintroduction of sweeping “reciprocal tariffs.” These proposed duties aimed to match or exceed the import tariffs other nations impose on American goods. Despite their aggressive tone, they have deferred their actual implementation by 90 days, bringing the effective date to early July 2025. This…
[ad_1] The agreement between the US and China to roll back their respective tariffs for 90 days has led to renewed optimism that the worst of America’s trade wars is over. I’m not seeing the “breakthrough”: There’s still plenty of scope for economic damage that the Federal Reserve will struggle to contain. First, the rollback…
[ad_1] Metal stocks in focus: Shares of Tata Steel, Adani Enterprises, Hindustan Copper, Vedanta, and Hindalco Industries are set to close this week with gains of over 14% as investors’ appetite for metal stocks resumed following an ease in trade tensions between the world’s two largest economies, lifting bets that the demand for base metals…
[ad_1] Fast forward to 1989: the Berlin Wall crumbled and brought the Iron Curtain crashing down with it. America, it appeared, had emerged as the winner of the Cold War together with capitalism and liberal democracy. Communism as a political ideology was debunked and disparaged. Pieces of the Wall went on sale at huge prices…
[ad_1] Wall Street key stock indices opened sharply higher on Monday as the United States and China reached a deal to reduce tariffs. China and the United States announced a 90-day truce in their trade war, agreeing to cut most of their tariffs. At the opening bell, the Dow Jones Industrial Average rose 649.7 points,…
