China Asks Banks to Curb Dollar Purchases as Yuan Hits Multi-Year Low
China seeks to maintain the stability of the yuan in the face of the current tariff war, informally asking state banks to stop their dollar purchases. According to Reuters, these…
Auto Added by WPeMatico
China seeks to maintain the stability of the yuan in the face of the current tariff war, informally asking state banks to stop their dollar purchases. According to Reuters, these…
Exploding tariffs and reckless trade moves are driving the U.S. toward a self-inflicted financial meltdown, former Treasury Secretary warns, threatening debt stability, investment, and global confidence. Summers Warns: US Tariff…
Skybridge’s founder warns China is preparing fierce economic retaliation as the U.S. slaps 125% tariffs on Chinese goods, signaling currency shocks, massive stimulus, and financial warfare. Scaramucci Outlines 5-Point Forecast…
Kevin O’Leary urged the Trump administration to impose a 400% tariff on Chinese goods, arguing that the current 104% tariff is insufficient to compel China to follow trade rules. O’Leary…
On Wednesday, as President Donald Trump’s tariffs officially went into effect, long-term bond yields began charting a steady climb toward historic peaks. Recent figures reveal that the yield on the…
U.S. President Donald Trump accused Beijing of currency manipulation to offset tariff impacts, warning that the practice may backfire on the oil-importing Asian nation. Offshore Yuan Falls to 7.42 per…
Tim Draper is all in on Trump’s trade offensive, calling it a powerful reset to end global freeloading, crush weak leadership, and spark massive U.S. innovation. Tim Draper Endorses Trump’s…
Trump’s tariff agenda could gut U.S. retail, crush jobs, and ignite a recession deeper than any since the Great Depression, economist Peter Schiff warns. Peter Schiff: Tariffs Will Gut Retail,…
A U.S. billionaire has called for a more measured approach to tariffs and proposed a 10% across-the-board tariff. He believes this would compensate for historically unfair trade practices that have…
The early uptick in both equities and digital assets lost steam by Tuesday afternoon, as multiple key U.S. indices drifted into the red. Later in the day, the White House…