News with the tag "RIF"

The tariff-related whiplash continues as President Donald Trump now says trade talks with China are back on, one week after accusing the Chinese government of violating a previous agreement. Trump says Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamie...

The US trade deficit plummeted by $76.7 billion in April following the rollout of the Trump Administration’s wave of tariffs. The total goods and services deficit was $61.6 billion in April, down from $138.3 billion in March, per a new report from the U.S. Census Bureau and the U.S. Bureau of Econom...

BitcoinWorld Shock: Asia FX Reels as US Dollar Soars Post-Tariff Ruling In the dynamic world of global finance, where cryptocurrency markets often react to broader macroeconomic signals, a significant development recently unfolded. The Asia FX market experienced a notable retreat, while the US Dolla...

Stocks traded higher on Thursday, as risk-on sentiment engulfed investors following a U.S. court ruling that blocked President Donald Trump’s tariffs. The Nasdaq Composite opened 1.3% higher, and the S&P 500 rose 0.7% as investors appeared to cheer the latest news on tariffs. The blue-chip Dow Jones...

BitcoinWorld Arthur Hayes Signals Urgent Buying Wave After Trump Tariff Court Defeat In the ever-watchful world of global markets and policy, a recent U.S. federal court decision regarding Trump tariffs has caught the attention of prominent figures, including BitMEX co-founder Arthur Hayes . Hayes, ...

BitcoinWorld US Tariffs: Crucial Appeal Challenges Executive Power Ruling While the world of cryptocurrency often feels distinct from traditional politics and trade disputes, major legal battles over US Tariffs and government authority can send significant ripples through global markets, influencing...

President Trump’s “Liberation Day” tariffs have been struck down by the US Court of International Trade , which ruled the sweeping trade measures illegal and outside the president’s authority. The Trump administration immediately filed a notice that it was appealing the ruling . On Wednesday, the co...

The crypto market continues to defy bearish expectations , with the Bitcoin price holding firm even in the face of global economic uncertainty . As the price consolidates near all-time highs, traders remain divided between bullish and bearish outlooks. However, a crypto analyst believes that the big...

A federal court has invalidated the sweeping global tariffs imposed by President Donald J. Trump. According to the Court of International Trade ruling, an emergency law invoked by the White House does not provide unilateral authority to impose tariffs on nearly every country. The ruling offers a maj...

President Donald Trump sought to counter an emerging criticism of his on-again, off-again tariff threats, which has been dismissively described as the “TACO trade.” Based on his argument, the tariffs were applied as a wise negotiation approach. TACO trade , which stands for “Trump Always Chickens Ou...