Tag: marketing

Trump's first day back at the White House was marked by a delay in his major economic initiative, tariffs. While experts warned that major trade actions are still likely to come, this initial delay has had a positive effect on markets. The President's inaugural address hinted at his overall economic plans, including the overhaul of trade to protect American workers and redirect tax funds to enrich US citizens. Despite this, the Wall Street Journal reported that the administration's day one plan includes outlining Trump's trade vision without immediate tariffs. While some experts believe this move is merely delaying the inevitable conflict, others remain skeptical that the US and China can reach a meaningful agreement. During his campaign, Trump promised tariffs as high as 60% on Chinese goods and 25% on Mexican and Canadian products. Although there has been no immediate action against Canada and Mexico, Trump may still invoke the International Emergency Economic Powers Act, which grants him broad authority to deal with threats to national security or the economy. Other potential actions include tariffs under Section 301 and Section 232. Despite the relative calm in markets on Trump's first day back, analysts predict volatility and a potential rally in US dollar and equities in the future.

Published on: January 20, 2025, 10:01 PM UTC

Trump's first day back at the White House doesn't include major action on his biggest economic initiative – tariffs. While experts warn that major trade action isn't necessarily off the table, Trump's initial move appears to have had the intended effect of averting market volatility.

Published on: January 20, 2025, 10:00 PM UTC

The dollar fell while crude prices recovered some losses after President Trump announced tariffs and tax changes. Energy, auto, and oil companies may benefit from the policy shift.

Published on: January 20, 2025, 08:00 PM UTC

Donald Trump's debt management as a real estate developer differs from the challenges he faces as president with the national debt. The public debt has grown to $36 trillion, raising concerns about refinancing options, federal bankruptcy, and rising borrowing costs. The debt ceiling and potential downgrades add further complications, while tax cuts and spending reductions may become more difficult to implement due to the size of the debt.

Published on: January 20, 2025, 06:01 PM UTC

Oil slid after US President Donald Trump promised to boost US crude production while holding off on tariffs that could have restricted supplies and hurt demand.

Published on: January 20, 2025, 06:00 PM UTC

Bitcoin surges to new record highs above $109,000 as Trump's presidency nears, buoyed by the launch of "TRUMP" and "MELANIA" meme coins and rising optimism for crypto-friendly policies.

Published on: January 20, 2025, 05:00 PM UTC

President Trump launches his own cryptocurrency, TRUMP, on January 18. The coin skyrocketed in value, climbing from pennies to over $50, with a market cap over $10 billion. The launch has raised concerns about centralization and security, with experts warning that the coin could become a target for cybercriminals.

Published on: January 20, 2025, 04:02 PM UTC

U.S. Federal Reserve's departure from the Network for Greening the Financial System (NGFS) poses a setback to global central banks' collective efforts to address climate change.

Published on: January 20, 2025, 03:00 PM UTC

Equity futures and the dollar decline ahead of Donald Trump's inauguration, while Bitcoin soars to a record. Trump's expected sweeping executive orders introduce uncertainty, potentially impacting markets and prompting a reassessment of sectors like semiconductors and electric vehicles. Investors anticipate potential fiscal stimulus and elevated Treasury yields, with concerns about inflation and the Fed's next move. Global stocks show mixed reactions, with Asian markets boosted by Trump's conversation with Xi Jinping. Key events this week include the World Economic Forum, Trump's inauguration, and economic data from various countries.

Published on: January 20, 2025, 02:00 PM UTC

Spain allocates €150 million in subsidies for companies to enhance AI adoption and integration

Published on: January 20, 2025, 12:00 PM UTC