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President Donald Trump plans to impose 25% tariffs on Mexico and Canada, alleging the flow of undocumented migrants and drugs into the US. The tariffs threaten a trade war under the US-Mexico-Canada Agreement, with both countries vowing retaliation. Trump also considers universal tariffs on foreign imports, raising concerns for the auto industry and new-car prices.
Published on: January 21, 2025, 04:02 AM UTC
Trump says "major action" on tariffs is coming, including 25% on Mexico and Canada, and China talks continue.
Published on: January 21, 2025, 04:01 AM UTC
Base metals remain steady to weaker as US President Donald Trump considers tariffs on Mexico and Canada.
Published on: January 21, 2025, 04:01 AM UTC
Bitcoin surged to a record high ahead of Donald Trump's inauguration but pared its gains as the new U.S. president made no mention of cryptocurrency. Two bearish candlestick patterns formed on Bitcoin's chart, warning of a potential move lower. Investors should watch key support levels around $92,000, $87,000, and $74,000, while also monitoring important overhead areas near $106,000 and $120,000.
Published on: January 21, 2025, 04:00 AM UTC
Japanese stock prices fell on Tuesday after US President Donald Trump threatened to enact tariffs on Canada and Mexico, dashing hopes for a more moderate trade policy.
Published on: January 21, 2025, 03:02 AM UTC
BlackRock's Gargi Chaudhuri shares outlook for 2025 market, highlighting quality and growth stocks, the potential impact of inflation, and preferred sectors like technology and financials.
Published on: January 21, 2025, 03:02 AM UTC
Trump's first day back in office was one without major action on tariffs, but he made clear that historic new duties are coming. He suggested 25% tariffs on Mexico and Canada could happen on February 1st, and that blanket tariffs remain on the table for other countries. He declined to offer details on new tariffs for China, but said that tariffs are on the table. Trump signed an order establishing an 'America First Trade Policy' and directed various figures in his administration to "undertake a review of, and identify, any unfair trade practices by other countries and recommend appropriate actions to remedy such practices."
Published on: January 21, 2025, 03:01 AM UTC
Netflix is expected to report strong Q4 earnings after ending the year with successful content, including NFL games, the "Jake Paul vs. Mike Tyson" boxing match, and the return of "Squid Game." Analysts expect revenue of $10.11 billion, EPS of $4.18, and net subscriber additions of 9.18 million.
Published on: January 21, 2025, 03:01 AM UTC
Country Garden shares surge on Hong Kong trading resumption after debt restructuring pledge
Published on: January 21, 2025, 03:01 AM UTC
Gold and silver prices rose after Trump's announcement of possible tariffs on Mexico and Canada, highlighting concerns about a potential trade war and its impact on inflation.
Published on: January 21, 2025, 03:00 AM UTC