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 …

What exactly is Trump’s ‘Big Beautiful Bill’ that Musk hates so much?

Trump calls it his ‘Big Beautiful Bill’, but Musk calls it a ‘Disgusting Abomination’ – who’s right? Trump’s Big Beautiful Bill is a sweeping tax and spending package aimed at making his 2017 tax cuts permanent while introducing new tax breaks and budget reforms. It eliminates taxes on tips and overtime, raises the State and …

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 …

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 …

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 …

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 …

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. …

Trump tariff roll-back – a win for China? U.S. markets rejoice the ‘deal’

The U.S. stock market surged as investors cheered a breakthrough in trade negotiations between Washington and Beijing. The rollback of tariffs, announced as part of a new trade agreement, sent the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite soaring. The deal, which slashes ‘reciprocal’ tariffs on both sides, is seen as a major …

U.S. Federal Reserve holds interest rates at 4.25% – 4.50% and upsets Trump in the process

The Federal Reserve held its key interest rate steady at 4.25% – 4.50% on 7th May 2025, citing economic uncertainty and the potential impact of tariffs. Fed Chair Jerome Powell emphasised that the central bank is in wait-and-see mode, monitoring inflation and employment risks. The decision follows concerns that Trump’s trade policies could lead to …

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 …

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 …

Tesla and Musk struggle against Trump’s Tariff Tidalwave

Tesla has been making headlines with a series of major developments, from financial setbacks to strategic shifts by CEO Elon Musk. The electric vehicle giant recently reported a 20% drop in automotive revenue, a significant decline that has raised concerns among investors. Meanwhile, Musk has announced that he will be spending much less time on …

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 …

Tech stocks propel market rally amid Trump’s tariff pause

On Monday 14th April 2025, the stock market experienced a notable mini rally, driven by the tech sector’s resurgence following a weekend announcement of a temporary tariff pause. President Trump’s decision to exempt smartphones, computers, and other electronics from steep tariffs provided a much-needed reprieve for the industry, sparking optimism among investors. Major tech companies …

Trump takes wrecking ball to global trade – sets stock markets on fire and plays golf – all in one week

Is this a fair ‘take’ on the last weeks tariff turmoil? President Trump’s tariffs have left a significant mark on global trade and financial markets, creating waves that continue to shape global economic dynamics. The tariffs, initially aimed at reducing the U.S. trade deficit and protecting domestic industries, triggered a rollercoaster ride for stock markets …

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 …

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 …

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 …

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 …

Trump Media shares gain after Crypto.com announce ETF deal

Trump Media & Technology Group (TMTG) has made headlines with its latest announcement of a partnership with Crypto.com to launch a series of exchange-traded funds (ETFs) and related products. This news has sparked a surge in TMTG’s stock, which rose by approximately 9% in after-hours trading, despite a challenging year that saw the stock down …

Fallout from Trump’s self-imposed tariffs and DOGE cuts is visibly damaging the U.S.

The economic impact of tariffs and budget cuts by the Department of Government Efficiency (DOGE) is becoming increasingly evident Major corporations like Nike and Accenture, for example have recently reported significant challenges stemming from these policies. Nike has warned of a sharp decline in sales for the current quarter, attributing this to tariffs and weakened …

U.S. holds interest rate steady despite Trumps tariff threats – transitory inflation is back – remember that?

The Federal Reserve has opted to maintain its federal funds rate within the range of 4.25% to 4.5%, a decision that aligned with market expectations This comes amidst increasing uncertainty surrounding the economic landscape. While the Fed’s current stance is to hold interest rates steady, it has reiterated its intention to implement two rate cuts …

‘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 …

U.S. markets tumble as Trump and his administration dismiss stock slump and economic concern

The Elon Musk-led Department of Government Efficiency claims to be streamlining the federal government’s spending But it has so far sown confusion, with the Trump administration attempting to rehire employees it had previously fired. DOGE presents a distorted reflection of the current state of the U.S. economy. U.S. President Trump has implemented a series of …