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U.S. Treasury Secretary Scott Bessent, the 79th Secretary of the Treasury, addressed trade tensions with China during a White House press conference, emphasizing that Beijing faces severe economic consequences if…
Economist Steve Hanke is not a fan of U.S. President Donald Trump’s tariffs, drawing a historical parallel between today’s economic conditions and the early 1930s by invoking the Smoot-Hawley Tariff…
U.S. President Donald Trump is reaffirming his commitment to tariffs, emphasizing that this approach could lead Americans who pay income tax to witness their taxes “substantially reduced, maybe even completely…
Markets jump on US-China optimism, New Tether-Softbank funded BTC treasury firm, Bitcoin ETFs attract nearly $1 Billion in new capital, and more in this Week in Review. Week in Review…
While there have been positive developments regarding the loosening of the U.S. tariffs on Chinese imports, the state of negotiations to finally solve this trade war is still uncertain. President…
Trump Administration’s Treasury Secretary Scott Bessent lashed out at the Bretton Woods institutions, stating that the IMF and the World Bank had lost their way. However, Bessent noted that the…
As of April 23, 2025, relations between China and the U.S. remain fraught, dominated by an intensifying trade war and deep diplomatic discord. But this week, U.S. President Trump told…
Economist Peter Schiff has said he disagrees with U.S. President Trump’s idea that lowering interest rates would help the U.S. shift to a manufacturing-based economy. Schiff: Lowering Interest Rates Counterproductive…
Trade wars, collapsing confidence, and stubborn inflation have kept Polymarket’s recession odds at 57%—signaling a bumpy economic road ahead. Economy on Edge This year, U.S. recession odds have climbed amid…
Argentina celebrated the continued decrease in the dollar-peso exchange rate, even predicting that it might fall below the flotation bands established by the central bank. This would trigger a purchase…