The United Arab Emirates committed to one of the largest foreign direct investment pledges after agreeing to invest $1.4 trillion in the United States over the next decade. Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s national security adviser and a key figure in the Gulf nation’s economic strategy, met with President Donald Trump last […]
American businesses are losing confidence in the US economy under Trump due to the tariff wars. CNBC’s CFO Council quarterly survey for Q1 2025 learned that America’s top CFOs are increasingly pessimistic about the economy due to these “disruptive” and “aggressive” tariff policies. Around 60% of respondents believe the US will fall into a recession […]
Fed Chair Jerome Powell said he expects inflation to be “transitory,” a word reminiscent of America’s situation three years ago when the Fed repeatedly urged the public to underplay inflation as it would improve. Conditions did not improve, as we later learned, and the Fed will have a hard time convincing the markets that this […]
Deputy Economy Minister Taras Kachka threatened European Union leaders that there will be consequences to pay if they fail to extend Ukraine’s duty-free access to the European market. The European agriculture sector in particular has been punished by this trade deal as they cannot compete with Ukraine’s lower priced goods. Kachka warned that the nations […]
Effective March 20, 2025, China will place massive tariffs on Canadian goods. Aquatic products and pork will face a 25% tariff, while other items like rapeseed oil (canola), peas, and oil cakes will see a 100% tax. China is also implementing a 100% tariff on any imported electric vehicles and a 25% tariff on Chinese […]
Treasury Secretary Scott Bessent is wrongly advising this administration by downplaying the role tariffs will have on overall inflation. Bessent told reporters not to be concerned over tariffs as they will simply be a “one-time price adjustment” when that is far from reality. These tariffs come with massive side effects that will ripple across the […]
BlackRock, the largest fund management firm in the world, has plans to acquire to key ports at each end of the Panama Canal in addition to 43 ports in 23 countries. Trump touted this proposal as a win for America as BlackRock is an American company. However, BlackRock is a know World Economic Forum partner […]
The primary policy implemented under the Trump Administration that I believe has the potential to destroy the US economy is tariffs. The very people who are supposed to advise Trump do not comprehend the global nature of the economy and the repercussions of tariffs. Treasury Secretary Scott Bessent recently came out to say that China […]
There are countless reasons why consumers are reluctant to switch to electric vehicles, with pricing consistently listed as a top concern. Western governments have warned that they will ban fossil fuel vehicle production in the not-so-distant future to meet emissions targets despite lacking the infrastructure or demand for EVs. Every government is hoping that consumers […]
China is hitting back with 15% tariffs on US coal. America sent 11.6 million tons of coal to China, with 6.46% of all US coal imports flowing into China. Climate zealots are cheering the move, and those on the far left are pleased that this will disproportionately hurt red states. The majority of the coal […]
