Dollar rebounds as Trump eases Fed tensions, signals trade thaw with China
Thursday, 24 April 2025 The US dollar rebounded as President Trump eased concerns about Federal Reserve independence and potential trade resolutions with China. Market sentiment improved following Trump's assurance regarding Jerome Powell's position and hints at reduced tariffs, contingent on successful negotiations with Beijing. Consequently, the dollar index rose, and major stock futures experienced significant gains.
China vows retaliation against countries supporting US-led trade isolation
Beijing has vowed to retaliate if other countries strike trade deals with the United States at the expense of China’s interests, in response to news that the Trump administration is pressuring trading partners to isolate...
Trump unleashed a scathing attack on China, Ukraine, and the Houthis, with prominent figures like Elon Musk, Tulsi Gabbard, and Pete Hegseth in attendance. As tensions escalate globally, Trump didn’t..
Trump declared that his tariffs are having a devastating impact on China’s economy, claiming that factories are shutting down and cargo ships are "turning back." Speaking with visible satisfaction,..
Canada's new Prime Minister Mark Carney is taking a firm stand against President Trump’s aggressive trade rhetoric. After winning a Liberal minority, Carney made it clear that Canada will only engage..