US President Donald Trump hit markets with a fresh tariff threat on Friday, continuing his lashout at China over their decision to impose even stricter export licensing requirements on foreign entities trying to move critical rare earths minerals out of China.
Donald Trump declared via social media post that he will be imposing a new 100% tariff on all exports bound for the US from China, as Trump's bespoke playbook of hammering his own constituents to punish foreign nations continues to play out.
How the Trump administration will achieve a new import tariff remains to be solved by other people within the Trump team. The US government is currently in shutdown mode after the Senate failed to agree on how to fund federal operations, making it difficult to both charge and collect new trade taxes at the border.
Global markets are currently in shutdown mode, with American exchanges going dark for the Columbus Day long weekend. However, Treasury yields spiked heading into the close, and investors will be coming back to a very different sentiment outlook on Tuesday
Source: Fxstreet
US bonds fell after jobless claims fell to their lowest level since 2022, one of the last readings on the health of the US labor market before the Federal Reserve's interest rate decision next week. ...
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance went down to 191K for the week endin...
Treasury Secretary Scott Bessent on Wednesday predicted that the administration still will be able to implement its tariff agenda regardless of whether it prevails in a pending case before the Supreme...
Private businesses in the US cut 32K jobs in November 2025, following an upwardly revised 47K gain in October, and compared to forecasts of a 10K rise. Hiring was particularly weak in manufacturing (...
Ekonom terkenal Scott Bessent memprediksi bahwa Amerika Serikat kemungkinan akan mengalami pertumbuhan ekonomi yang kuat namun inflasi tetap rendah pada 2026. Menurut Bessent, faktor seperti harga ene...
European stocks edged higher, posting a second straight week of gains, as markets continued to assess the outlook for interest rates next year, the returns from a surge in AI capital spending, and the possibility of a ceasefire between Russia and...
Gold (XAU/USD) strengthened slightly on Friday (December 5th) as the latest US economic data reinforced expectations of a Federal Reserve interest rate cut next week. Steady PCE inflation and easing consumer inflation expectations kept the policy...
Oil prices rose as U.S. stocks continued their rally, extending a two-day rally, while investors assessed the prospects for a ceasefire in Ukraine and signs of a widening global surplus. West Texas Intermediate crude oil prices traded above $60...
Asia Pacific stock markets opened quietly on Wednesday morning, with investors awaiting the release of key economic data from the United States and...
Private businesses in the US cut 32K jobs in November 2025, following an upwardly revised 47K gain in October, and compared to forecasts of a 10K...
US President Donald Trump has hinted that Kevin Hassett, the current chairman of the National Economic Council, whom Donald Trump appointed to the...
A five-hour meeting between Russian President Vladimir Putin and Donald Trump's special envoy, Steve Witkoff, and his son-in-law Jared Kushner, in...