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Tag: US Economy

Categories Business & Investment Digital News & entertainment

Gold Surges Past $3,400/oz Amid Escalating Safe-Haven Demand

  • Estimated read time 6 min read
  • April 21, 2025

Gold prices have soared to unprecedented levels, breaching the $3,400 per ounce mark for the first time in history. The latest surge reflects a growing flight to safety amid escalating geopolitical tensions,…

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Categories Business & Investment Digital News & entertainment

Wall Street Plunges as Trump Renews Criticism of Fed Chair Powell

  • Estimated read time 2 min read
  • April 21, 2025

On April 21, 2025, U.S. financial markets experienced a significant downturn as President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell, raising concerns about the central bank’s independence and…

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Categories Business & Investment Digital News & entertainment

Tech Stocks Gain Momentum Amid Tariff Relief

  • Estimated read time 3 min read
  • April 14, 2025

Tech and auto stocks experienced a significant rebound on Monday, April 14, 2025, following President Donald Trump’s announcement of temporary tariff exemptions on key electronics and vehicles. This development provided a much-needed…

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Categories Business & Investment Digital News & entertainment

Trump Considers Pausing Auto Tariffs Amid Global Economic Turmoil

  • Estimated read time 2 min read
  • April 14, 2025

In a significant policy shift, President Donald Trump announced on April 14, 2025, that he is contemplating a temporary pause on the 25% tariffs imposed on imported automobiles and parts. This move…

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Categories Business & Investment Digital News & entertainment

Trump Back downs on China Tariff

  • Estimated read time 4 min read
  • April 12, 2025

In a surprising but calculated move during his presidency, Donald Trump announced that certain categories of electronics—most notably smartphones, laptops, and other consumer tech devices—would be spared from the latest round of…

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Categories Business & Investment Digital News & entertainment

Trump Spares Smartphones, Computers, Other Electronics from China Tariffs: A Strategic Economic Maneuver

  • Estimated read time 5 min read
  • April 12, 2025

In a significant move during the intensifying U.S.-China trade war, former President Donald Trump made the strategic decision to exempt smartphones, laptops, and a range of consumer electronics from a new wave…

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Categories Business & Investment Digital News & entertainment

Trump’s China Tariffs Swing a Sledgehammer at Importers and Cheap Goods

  • Estimated read time 6 min read
  • April 12, 2025

Washington, D.C. — Former President Donald Trump’s proposed escalation of tariffs on Chinese goods is sending shockwaves through U.S. businesses that rely on affordable imports, with economists warning of higher prices for consumers…

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Categories Business & Investment Digital News & entertainment

Impact of Trump’s China Tariff is Worse Than Expected on Importers and Cheap Goods

  • Estimated read time 3 min read
  • April 12, 2025

Washington, D.C. — Former President Donald Trump’s proposed escalation of tariffs on Chinese goods is sending shockwaves through U.S. businesses that rely on affordable imports, with economists warning of higher prices for consumers…

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Categories Business & Investment Digital News & entertainment

Trump limits tariffs on most nations for 90 days, raises taxes on Chinese imports

  • Estimated read time 3 min read
  • April 9, 2025

​On April 9, 2025, the S&P 500 experienced a remarkable surge of 9.5%, marking one of its most significant single-day gains since World War II. This extraordinary rally was primarily driven by…

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