Author: adam E

President Donald Trump’s top trade official wasn’t informed of the 90-day pause on most new tariffs until after it was announced. At the same moment that US Trade Representative Jamieson Greer was defending Trump’s stiff tariffs during a House hearing, Trump said on his social media platform that the administration will delay the additional tariff…

Pharmaceutical companies in the EU have warned of a “risk of exodus” to the US as stocks in the sector slid around the world following Donald Trump’s renewed threat to impose tariffs on drugs imported into the US. Sector-Wide Market Slump Follows Trump’s Tariff Comments Drugmakers’ shares across Europe and India fell sharply on Wednesday.…

Billionaire investors are in an unfamiliar position, watching and cringing as tariffs roll on and the stock market reels. Wall Street billionaires are not used to being on the outside looking in. But that is where they find themselves after President Trump ignored their appeals to call off his tariff plans which they fear could…

Warren Buffett isn’t called the “Oracle of Omaha” for nothing. The legendary investor didn’t know when the stock market crash would come. However, he seems to have sensed that one was on the way. You might even say that Buffett was warning Wall Street. He amassed the largest cash stockpile in Berkshire Hathaway, his Warren…

Thousands of people staged protests against Trump and Tesla boss Elon Musk across the US and beyond the borders to express dissatisfaction with policies and actions of the current administration. Crowds of people angry with how US President Donald Trump and his administration have been running the country have taken to the streets in nationwide…

The stock market fell significantly after President Trump announced widespread tariffs on April 2. The so-called “Liberation Day” announcement included tariff rates higher than hoped, forcing investors to reset expectations for the U.S. economy and corporate earnings. Given recent data, a potential slowdown in the U.S. economy may already be underway, and the risk that…

Donald Trump’s tariffs have become a black and white issue on social media, where penguins memes have gone viral after he targeted an island inhabited by the flightless birds, but no people. The viral spread has even made its way onto platforms like TikTok memes and Memebase, showcasing the power of meme marketing in shaping…

Global markets slid further and Wall Street was on track for another day of crushing losses Friday after China responded to U.S. President Donald Trump’s latest set of tariffs with some of their own. Futures for the S&P 500 fell 3.6% before the bell, while futures for the Dow Jones Industrial Average shed 3.4%, falling…

The dollar index (DXY00) tumbled by -2.19%, hitting a six-month low as concerns mount over President Trump’s sweeping new reciprocal tariffs. Investors fear that these tariffs could trigger a trade war, disrupt the economy, and push the Federal Reserve toward an interest rate cut. Further pressuring the dollar, the 10-year T-note yield sank to a…

The latest round of U.S. trade tariffs unveiled on Wednesday will sap yet more vigour from a world economy barely recovered from the post-pandemic inflation surge, weighed down by record debt and unnerved by geopolitical strife. Depending on how President Donald Trump and leaders of other nations proceed now, it may also go down as…