trade war

JPMorgan (NYSE:JPM) has predicted that the ongoing tariff war initiated by President Donald Trump could lead to some agreements between the US and its trade partners, along with a significant rise in tax rates. What Happened: The global investment strategy team at JPMorgan Wealth Management has...

In the latest development in the ongoing U.S.-China trade conflict, U.S. President Donald Trump has called upon China to initiate negotiations. What Happened: White House Press Secretary Karoline Leavitt conveyed Trump’s sentiments during a Tuesday press briefing, stating, “...

Amid the ongoing tariff dispute between the U.S. and China, a White House fact sheet has revealed that President Donald Trump‘s administration has raised tariffs on Chinese imports by up to 245%. What Happened: According to a fact sheet released by the White House late Tuesday, “China...

After reporting better-than-expected first quarter results, Goldman Sachs Group Inc. (NYSE:GS) highlighted in its earnings call that the bank navigated the market volatility with record equity revenue and warned about “material risks” to the U.S. and global economies amid the ongoing...

Amid the ongoing U.S.-China trade war, Chinese President Xi Jinping has embarked on a diplomatic tour of Southeast Asia, advocating for free trade and unity against “unilateral bullying.” What Happened: Xi Jinping reached Vietnam on Monday, marking the beginning of his diplomatic tour...

As tensions persist in the tariff dispute, President Donald Trump brushed off China's decision to limit the screening of American films. What Happened: The China Film Administration confirmed on April 10 that it would be reducing U.S. film imports, as reported by Variety on Thursday. This decision...

An old clip from The Men Who Built America is causing an uproar on social media as financial markets reel from Donald Trump's tariff policies. In the 2012 History Channel mini-series, Trump said, "I find that I do better in bad markets," adding that downturns create the best buying opportunities....

Bill Ackman, a prominent investor, expressed concerns over the U.S. tariff policies in a social media post on Sunday. Ackman highlighted the potential economic repercussions of escalating tariffs under President Donald Trump. What Happened: He said on X that while the nation supports the...

Bulls are storming back into markets with near-record inflows into stocks and gold, brushing aside concerns that trade tariffs could unleash an economic recession and a bear market on Wall Street. In a note shared Friday, Bank of America's chief investment strategist Michael Hartnett said U.S....

On Tuesday, Sen. Elissa Slotkin (D-Mich.), a freshman lawmaker, delivered the Democratic response to President Donald Trump's address to Congress. She is the youngest Democratic woman elected to the Senate. What Happened: Slotkin, who is a former CIA analyst, started the rebuttal by giving her...

The tariff war just escalated, and according to Bob Elliott, CIO at Unlimited Funds and former Bridgewater Associates' strategist, we’re staring at trade barriers that will soon surpass the Smoot-Hawley days. With today’s rollout of 25% levies on Canada and Mexico, plus another 10% on...

China has banned imports of genetic sequencers from Illumina Inc. (NASDAQ:ILMN), just minutes after U.S. President Donald Trump’s additional 10% tariff on Chinese goods took effect. China hit back at Trump's recent tariff hikes by placing its own tariffs on certain U.S. goods, sanctioning...

Apple Inc.'s (NASDAQ:AAPL) key supplier Foxconn, also known as Hon Hai Precision Industry Co., Ltd (OTC:HNHAF) is reportedly facing obstacles in expanding its operations in India as China tightens restrictions on technology and talent exports. What Happened: Chinese authorities have made it more...

China is looking to target U.S. tech companies in order to gain leverage in trade negotiations with U.S. President Donald Trump. What To Know: According to the Wall Street Journal, Chinese officials are building a list of U.S. tech companies that can be probed over antitrust concerns, including...

The Gold Spot US Dollar index reached a record high of $2,907 per ounce, on Monday, surpassing the U.S. equities by 1.6% over the past 24 years. This surge comes amid increasing market uncertainty driven by President Donald Trump's ongoing tariffs and trade negotiations. What Happened: Gold prices...