Search Results for: Donald Trump

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Melania and Donald Trump launch their own cryptocurrency meme coins

Melania Trump has launched a meme coin called ‘Melania’ The meme coin was announced on the eve of Donald Trump’s inauguration as president of the United States. It comes days after President-elect Donald Trump launched his own meme coin, ‘Official Trump.’ In a disclaimer on the meme coin’s official website, potential buyers are told that Melania …

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U.S. holds interest rates steady – Trump isn’t happy!

U.S. Federal Reserve has kept its benchmark interest rate steady at 4.25% to 4.50% for the fourth consecutive meeting. This decision reflects a cautious stance amid ongoing uncertainty surrounding President Trump’s tariff policies and their potential impact on inflation and economic growth. The Fed still anticipates two rate cuts later in 2025, but officials are …

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OECD cuts U.S. growth forecast amid Trump’s tariff chaos

The Organisation for Economic Co-operation and Development (OECD) has sharply downgraded its U.S. growth forecast, citing economic uncertainty and the impact of President Donald Trump’s tariff policies. The OECD now expects the U.S. economy to expand by just 1.6% in 2025 and 1.5% in 2026, a significant cut from its previous estimate of 2.2% for …

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Trump’s tariffs challenged in court and deemed to be illegal

A U.S. federal court has ruled that former President Donald Trump’s sweeping tariffs were imposed illegally, dealing a significant blow to his economic policies. The Court of International Trade determined that Trump exceeded his authority by invoking emergency powers to justify tariffs on nearly every country. The ruling states that the U.S. Constitution grants Congress …

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China’s industrial profit accelerates in April 2025 – despite Trump’s tariffs

Despite the heavy tariffs imposed by former U.S. President Donald Trump, China’s industrial sector has demonstrated remarkable resilience. In April 2025, industrial profits rose by 3%, marking the second consecutive month of growth. This increase was largely driven by Beijing’s strategic policy measures, which cushioned the impact of the tariffs and supported private enterprises. In …

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Trump does deals!

Trump Secures Over $1.4 Trillion in Landmark Middle East Trade Agreements President Donald Trump’s recent visit to the Middle East has resulted in a wave of economic agreements totaling over $1.4 trillion, marking one of the largest trade expansions between the region and the United States. With a focus on investment, defence, and technology, Trump’s …

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Trump’s Boeing 747 Gift from Qatar – a diplomatic gesture or controversial play?

It’s just a gift? Former U.S. President Donald Trump is set to receive a luxury Boeing 747-8 from the Qatari royal family, a move that has sparked debate over its implications. The aircraft, valued at $400 million, is expected to serve as a temporary Air Force One until the U.S. government receives its long-delayed replacements. …

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Shock but no ‘awe’ in Trump’s first 100 days in office

U.S. President Donald Trump has definitely brought a lot of shock in the first 100 days of his presidency, smashing trade links, alliances, and even his own government, but it can hardly be said to have left anybody truly in ‘awe’. Donald Trump’s first 100 days in office during his second term have been a …

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Countries begin to turn away from the U.S. because of Trump’s tariff policies

Countries are increasingly pivoting away from the United States due to the ripple effects of former President Donald Trump’s tariff policies. His ‘America First’ ideology, which prioritised domestic interests over international collaboration, assumed that the world needed America more than America needed the world. While this may have held true in certain aspects, the global …

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U.S. stocks slide again as Trump publicly criticises Fed Chair Powell

President Donald Trump’s recent criticism of Federal Reserve Chair Jerome Powell has sent shockwaves through the financial markets, reigniting concerns about the central bank’s independence. On Monday 21st April 2025, Trump took to social media to publicly call Powell a ‘major loser’ and demanded immediate interest rate cuts, warning of an economic slowdown if his …

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Dow drops 2200 points Friday 4th April 2025 – S&P 500 loses 10% in 2 days as Trump’s tariff rout deepens – just two days after ‘Liberation Day!’

The stock market was smashed for a second day Friday 4th April 2025 after China retaliated with new tariffs on U.S. goods, sparking fears President Donald Trump has ignited a global trade war that will lead to a global recession. Stock market damage The Dow Jones Industrial Average dropped 2,231.07 points, or 5.5%, to 38,314.86 on Friday 4th April …

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Dow dives 1600 points after Trump’s tariff attack – S&P 500 and Nasdaq drop the most since 2020

The U.S. stock market experienced a dramatic plunge following President Donald Trump’s announcement of sweeping tariffs, marking one of the most significant market downturns since 2020. On 3rd April 2025, the Dow Jones Industrial Average plummeted by 1,600 points, a staggering 4% drop, closing at 40,546. The S&P 500 fell by 4.8%, while the tech-heavy …

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Trump’s tariff gambit will most likely damage an already fragile looking U.S. economy

President Donald Trump is to begin the biggest gamble of his second term – ‘Liberation Day’ wagering that broad-based global hitting tariffs on imports will instigate a new era for the U.S. economy. The concern right now is no one outside the administration knows quite how those goals will be achieved, and what will be …

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Trump announces 25% tariffs on car imports to U.S. and pledges pharma tariffs to come

Trump’s tariffs have been a cornerstone of his trade policy, aimed at protecting American industries and reducing trade deficits These measures include tariffs on steel, aluminum, and a wide range of goods from countries like China, Canada, and the European Union. While supporters argue that these tariffs have bolstered domestic manufacturing and created jobs, critics …

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‘A pig in lipstick’ – Trump’s strategic Bitcoin reserve criticised

The announcement of Donald Trump’s Strategic Bitcoin Reserve has sparked a wave of criticism and debate, with detractors likening the initiative to ‘a pig in lipstick’ – a superficial attempt to dress up a flawed concept. The reserve, which aims to stockpile or create a strategic reserve Bitcoin seized through criminal and civil forfeitures, has …

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Trump’s U.S. Bitcoin reserve plan falls short of expectations

The cryptocurrency market faced a significant downturn following the announcement of President Donald Trump’s U.S. Bitcoin reserve plan The initiative aimed to position the United States as a global digital asset leader fell short of market expectations, triggering a wave of selloffs. Bitcoin, the flagship cryptocurrency, experienced a 3% drop, trading at $87,586.86 before dipping …

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Global markets slide into chaos as Trump pushes his ‘America First Agenda’

Global markets have been thrown into turmoil following the announcement of sweeping tariffs by U.S. President Donald Trump U.S. tariffs, which include a 25% levy on imports from Canada and Mexico and a 10% increase on Chinese goods, have sparked fears of a global trade war. Retaliatory measures from Canada and China have only added …

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Trump announces strategic crypto reserve to including Bitcoin – Solana – XRP – Cardano and Ethereum

President Donald Trump has announced the creation of a ‘strategic crypto reserve’ that will include Bitcoin, Ethereum, XRP, Solana, and Cardano. This move aims to position the United States as the ‘crypto capital of the world’ and has already led to significant price increases for these cryptocurrencies. The announcement was made on Truth Social, where …

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Waning enthusiasm around Trump – AI and crypto

As we progress through 2025, it’s evident that the initial excitement surrounding Donald Trump’s election win, artificial intelligence (AI), and cryptocurrency has begun to wane – but for how long? Investors and the general public seem to be growing more cautious, reflecting a shift in sentiment towards these once highly anticipated topics. Trump’s tariffs In …

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Trumps tariffs impact – what a difference a day makes!

Trump pauses tariffs on Mexico and Canada amid China’s retaliatory measures In a surprising turn of events, President Donald Trump announced a 30-day pause on tariffs targeting Mexico and Canada, just as China introduced retaliatory tariffs on a range of U.S. goods. This move comes amidst escalating trade tensions and a looming threat of a …

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Tariff Man – Trumps tariffs take affect – markets fall!

U.S. President Donald Trump’s tariffs have moved from threat to reality. U.S. President Donald Trump launched a series of tariffs on Saturday. U.S. imports from Mexico and Canada will face a 25% duty, while those from China will be subject to a 10% tariff. Energy resources from Canada will face a lower 10% tariff. Canada’s Prime Minister …

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Trump’s SEC prepares new ‘crypto task force’ to regulate the industry

On 21st January 2025, the U.S. Securities and Exchange Commission (SEC) announced the formation of a new cryptocurrency task force under the leadership of President Donald Trump. This initiative marks a significant shift in the regulatory landscape for digital assets, aiming to provide a comprehensive and clear framework for the industry. Task force The task …

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