Bitcoin, often abbreviated as BTC, has been on quite the ride. Its price recently hit an all-time high. Some traders are thinking big, with targets set at $100, 000. But hold on, there might be a bit of a pause before that happens, say some analysts. The excitement comes from President-elect Trump's
Are you a fan of the latest gadgets? Get ready to dig deeper into your pockets after the upcoming election. Tech companies are gearing up for potential price increases on popular devices like laptops, smartphones, and game consoles. Why? Blame it on tariffs—a fancy word for taxes on imports. These t
China is closely watching the US election, but many people there don’t expect much change in the tense relationship between the two countries. Whether it’s Trump or Harris who wins, it seems like US policy toward China will stay the same. The past four years have seen both tariffs and talk of better
Small-business owners aren't thrilled about the idea of more tariffs. With former President Donald Trump hinting at higher tariffs if he returns to office, businesses like Virginia Beer Co. are worried about increased costs. Chris Smith, the co-founder, saw a 5. 5% surcharge on a supplier's bill aft
Billionaire businessman Mark Cuban recently shared his thoughts on former President Donald Trump's proposed tariffs on China. While appearing on The View, Cuban warned that if Trump wins the upcoming election, families might struggle to afford Christmas gifts due to increased prices. Most holiday pr
In a big move this week, the EU took a stand against China by imposing tariffs on Chinese electric vehicle (EV) manufacturers. These tariffs, ranging from 17% to 35. 3%, were put in place after talks between the EU and China broke down. The tariffs are meant to tackle the heavy subsidies that the Ch
Chinese automakers are being advised to press the brakes on major investments in European countries that have backed new tariffs on Chinese electric vehicles (EVs). This decision comes as a response to the European Union's (EU) recent imposition of tariffs, which can reach up to 45. 3%, following a
For the first time ever, Chinese electric vehicle (EV) giant BYD has outshone its American rival, Tesla, in quarterly sales. According to a recent report, BYD's revenue for the three months ending Sept. 30 hit 201. 12 billion yuan ($28. 24 billion), a 24% increase from the previous year. This is a s
Tariffs can really slow down economic growth, making a country less rich than it could be. Free trade helps boost wealth by letting nations make things they're best at. The U. S. excels at making advanced planes, like those from Boeing, and high-tech chips, like ones made by Nvidia. Plus, it's cheap
Mexico is seeing a significant increase in trade with the United States, especially since the United States-Mexico-Canada Agreement (USMCA) came into force. This agreement allows products made in Mexico using foreign materials to be labeled as "Made in Mexico" and avoid certain tariffs. Companies li
