The dollar saw a brief boost in the market after the U. S. decided to hold off on tariffs for certain electronics. This move was part of a larger strategy to ease tensions in the tech industry. However, the relief was short-lived. The president's comments about the tech exemption dampened the dollar
The US is teetering on the edge of a major economic downturn. It might even be worse than a simple recession. A seasoned investor with a knack for spotting trouble has sounded the alarm. Ray Dalio, who predicted the 2008 financial crisis, has warned about the instability caused by rec
Flint, Michigan, is a city that has seen better days. The General Motors Flint Assembly plant is a massive factory that produces the popular Silverado truck. This plant is a big deal for Flint, a city of about 80, 000 people in the heart of Michigan's auto industry. The plant has been a steady sourc
The trade war between the US and China took an unexpected turn. A quiet announcement revealed that certain products, including smartphones, would be spared from a massive 125% tariff. This code, "8517. 13. 00. 00, " might not mean much to most people, but it's a big deal in the world of customs. It
Lizzo made a strong statement about politics during her recent appearance on Saturday Night Live. She wore a shirt that said "TARIFFIED" in big red letters. This was a clear dig at President Trump's economic policies. The singer has been in the spotlight lately, not just for her music, but also beca
The world of international trade is in for a major shake-up. The United States has significantly increased its tariffs, which are taxes on imported goods. This move has sent ripples through the global market, redirecting billions of dollars in exports that were originally headed for the U. S. Now, t
The market was shaken up by Trump's back-and-forth on tariffs. By the time trading ended, stocks had regained some lost ground, but the damage was already done. Interest rates spiked, business activity slowed, and the specter of a recession loomed larger. The chance of a U. S. default crept up to 6%
Farmers in the United States are feeling the pinch of recent trade policies. The Chinese government has slapped heavy tariffs on U. S. exports, and this is causing a lot of worry among farmers. John Pihl has been farming in Northern Illinois for over half a century. He is one of many farmers who ar
The trade policies of the Trump administration have caused a stir among Americans. Some have started to change their spending habits. This is because of the uncertainty surrounding tariffs and their potential impact on the economy. The President's policies have led to a mix of fear and strategic p
In the world of business, companies are finding clever ways to pass on the cost of new tariffs to consumers. Some are being straightforward, while others are taking a more subtle approach. The reason for this? The current trade war has led to increased costs for imported goods, and businesses are lo
