Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts
Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts
Investors continued offloading US assets as the Trump administration seeks a way to dismiss Federal Reserve Chair Jerome Powell.
Trump has demanded rate cuts, referring to Powell as “a major loser” in a social media post.
The US dollar weakened to a three-year low.
READ MORE : http://www.euronews.com/2025/04/22/investors-flee-us-assets-as-trump-attacks-feds-powell-and-calls-for-rate-cuts
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US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs
Trump has slammed the US Federal Reserve Board chief Jerome Powell, calling him “stupid”, as the federal agency holds off on interest rate changes as it anticipates economic decline in the wake of the US president’s global tariff policies.
READ MORE : http://www.euronews.com/2025/06/19/us-federal-reserve-keeps-interest-rates-unchanged-as-it-awaits-the-impacts-of-trumps-globa
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Credit: euronews (in English) Duration: 02:00Published
Donald Trump has said he is considering "taking away" the US citizenship of actress and comedian Rosie O'Donnell, despite a Supreme Court ruling that expressly.. Sky News
President Donald Trump is ready to wash his hands -- and America's -- clean of Rosie O’Donnell ... 'cause he's threatening to revoke her citizenship status. In.. TMZ.com
US to raise tariff rate on EU goods to 30% from 1 August, EU open to talks but ready to respond
The European Commission responded to Trump's announcement in a written statement, saying it remains ready to reach an agreement, while also taking "necessary steps to safeguard EU interests, including the adoption of proportionate countermeasures."
READ MORE : http://www.euronews.com/2025/07/12/trump-eu-goods-will-face-30-us-tariff-rate-starting-on-1-august
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Credit: euronews (in English) Duration: 01:10Published
President Trump has announced sweeping 30% tariffs on imports from the European Union and Mexico, igniting fresh trade tensions. Starting August 1, key sectors like auto parts, electronics, agriculture, and pharmaceuticals could see massive price hikes. The EU had hoped for a trade deal, but escalating tariffs now threaten negotiations. With over 60% of U.S. vegetables and 71% of drywall materials coming from Mexico, American households could see grocery and construction costs soar—up to $1,200 more annually. Retaliatory tariffs from affected countries may soon follow.
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