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Tag: World Economy

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

Nvidia faces a $5.5 billion revenue loss due to U.S. chip export bans to China

  • Estimated read time 4 min read
  • April 16, 2025

The semiconductor industry is at the center of a growing geopolitical and economic battle between the United States and China. In a significant development, Nvidia, the world’s leading AI and graphics chipmaker,…

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Categories Business & Investment Digital News & entertainment

Global Trade Growth Faces Steeper Slowdown, WTO Drastically Revises 2025 Forecast

  • Estimated read time 3 min read
  • April 16, 2025

Geneva, October 10, 2024 – The World Trade Organization (WTO) has significantly downgraded its global trade growth forecast for 2025, citing persistent economic headwinds, geopolitical tensions, and weakening demand. The revised outlook raises…

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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

Trump Offers ‘Buy’ Tip on Social Media Hours Before Tariff Pause That Made Stocks Soar

  • Estimated read time 5 min read
  • April 10, 2025

In a move that is stirring both curiosity and controversy, former President Donald Trump posted a cryptic financial “tip” on his social media platform, Truth Social, just hours before the Biden administration…

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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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