Trump Tariffs Trigger Bond Market Sell-Off

 

President Trump's tariff actions caused a significant sell-off in US government bonds and the dollar, raising concerns about the safety of these assets during market turmoil. Yields on 10-year Treasuries whipsawed, rising sharply then falling slightly to 4.35%, while 30-year bond yields reached 4.74%. Short-term bond yields also...

US-China Trade War Escalates; Tariffs Soar

 

US President Trump's latest tariffs on Chinese goods have increased to 125 percent, prompting China to retaliate with an 84 percent tariff on US imports. This escalating trade war has sent global stock markets plummeting. While Goldman Sachs predicts a 2.4 percent drop in China's GDP, others believe China...

Poll: Trump Tariffs, Economic Worries, Signal Leak Concern Voters

 

A Quinnipiac University poll reveals that 72% of voters believe Trump's tariffs will harm the US economy short-term, with 53% expecting long-term damage. Most voters (47%) cite rising food and consumer goods prices as their biggest economic concern. Approval of Trump's handling of the presidency, economy, and trade...

Trump's Tariffs: Biggest Trade Shock in History

 

The Economist's editor-in-chief, Zanny Minton Beddoes, calls President Trump's tariffs the biggest trade policy shock in history. The sweeping tariffs, impacting goods from various countries, create economic uncertainty and higher consumer prices. While the administration's motives remain unclear – possibly re-industrialization or negotiation leverage – Beddoes warns of...

Foreign Selling of MBS Threatens US Housing Market

 

Rising mortgage rates are fueled by investors selling U.S. Treasury bonds, potentially exacerbated by foreign countries, particularly China, offloading agency mortgage-backed securities (MBS) in response to U.S. trade policies. China's MBS holdings have already decreased significantly. This, combined with the Federal Reserve's MBS portfolio reduction and weakening consumer...

Trump Tariffs Trigger Global Market Crash

 

President Trump's newly imposed tariffs on imports from dozens of countries have triggered a global market downturn. The move, effective April 5th, 2025, caused a significant loss of trillions in global equity value, exceeding 10% of the global GDP. Major stock indices like the S&P 500 suffered substantial...

Trump's Trade Claims Fact-Checked: Exaggerations Revealed

 

President Trump's claims about US-China trade and tariffs are being fact-checked. He asserted a $1 trillion trade deficit with China, which is significantly higher than the actual figure of $295 billion in 2024. His claim of Canada imposing a 270% tariff on US dairy products is partially true;...

Argentina Secures $20 Billion IMF Bailout

 

The International Monetary Fund (IMF) reached a preliminary agreement with Argentina for a $20 billion bailout. This comes as President Javier Milei implements free-market austerity measures to stabilize the economy, reversing previous left-wing policies that led to repeated defaults. The bailout, requiring final board approval, offers a lifeline...

US-China Trade War Escalates with Increased Tariffs

 

US tariffs on Chinese imports increased by 34%, then by another 50% after China refused to remove its retaliatory tariffs, leading to an 84% levy on Thursday. China added 18 companies to its unreliable entity list and challenged the tariffs at the WTO. China's foreign ministry spokesperson stated...

US Treasury Secretary Defies China's New Tariffs

 

US Treasury Secretary Scott Bessent downplayed China's new retaliatory tariffs on US goods, asserting that the move will ultimately harm China more than the US. Bessent highlighted China's significant trade surplus with the US, stating that China's exports to the US are five times greater than US exports to...