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Trump’s Hard Edge Emerges: Canada and Mexico to Pay 25% Tariffs
31.1.2025
President Trump has decided to apply tariffs to Mexico and Canada. Speaking to reporters at the Oval Office, Trump revealed he would implement a 25% tariff regime on imports from these countries starting February 1. Trump to Follow Early Threats: Mexico and Canada to Pay 25% Tariffs President...
The Trump Administration Debuts Tariffs as a Trade Warfare Tool: Colombia Sheds First Blood
28.1.2025
The Trump Administration has debuted the use of one of its strongest weapons, the spending power of the American people, against Colombia. With a sweeping tariffs announcement, Trump compelled the Colombian government to accept repatriation flights, ending a 1-day crisis swiftly. Tariffs, Tariffs...
Trump’s Tariffs, Sanctions to Speed up De-Dollarization, Economist Says
18.1.2025
A former chief economist at the African Export-Import Bank said many governments are increasingly promoting the use of local currencies to reap the economic benefits of having an international currency. De-Dollarization Is Not a New Phenomenon According to Hippolyte Fofack, former chief economist...
Trump Insists Tariffs Are the Answer to $36 Trillion National Debt Crisis
4.1.2025
President Trump has recently pushed the idea of tariffs as an enabler for the U.S. economy. On social media, he stated that tariffs were responsible for creating a “vast wealth” for the country and disclosed that they would be used to pay for the country’s debt. Trump: Tariffs...
BRICS Retaliation Ahead? Expert Predicts US Tariff Fallout
10.12.2024
BRICS nations brace for a global economic standoff as U.S. tariff threats spark concerns about trade retaliation and geopolitical tensions, reshaping international alliances. BRICS Retaliation Inevitable: Expert Predicts Clash Over US Tariffs BRICS countries are expected to retaliate with...
Bitcoin ASIC maker Bitmain expands production line into US
10.12.2024
It comes as US Bitcoin miners have had to deal with delayed deliveries of Bitmain ASICs that have been stuck at US ports of entry for weeks
Bitcoin ASIC maker Bitmain expands production line into US
10.12.2024
It comes as US Bitcoin miners have had to deal with delayed deliveries of Bitmain ASICs that have been stuck at US ports of entry for weeks
Putin Backs Cryptocurrency as Trump Threatens 100% Tariffs on BRICS
4.12.2024
After Trump’s threat to implement a 100% tariff on BRICS, if they create a new alternative to counter…
Prelude to Currency War? Trump Threatens 100% Tariffs to BRICS Countries Abandoning the ‘Mighty’ Dollar
1.12.2024
President-Elect Trump has threatened countries of the BRICS bloc leaving the dollar standard with 100% tariffs, applying the same playbook implemented against China, Mexico, and Canada. Trump remarked the U.S. would not stand and watch the bloc replace the dollar. Trump to Close U.S. Markets...
This Week A Studio Was Shut Down, Rumble Rescued A Pariah, And Water Remained Wet
30.11.2024
This may have been a short workweek, but the chaotic world of gaming never rests. Read on for Kotaku’s top stories from Thanksgiving week.Read more
How Trump's Tariffs Could Cost Gamers Billions
27.11.2024
In mid-2019, then-President Donald Trump threatened to extend existing tariffs on industrial components and other goods to popular consumer products like iPhones, laptops, and video game consoles. The big three—Microsoft, Sony, and Nintendo, long-time competitors in the gaming space—rallied...
Trade War: As Trump Threatens China With 10% Tariffs, Asian Giant Prepares Countermeasures
26.11.2024
The recent announcement of the enactment of additional tariffs for China has raised alerts about the possible measures the Asian giant can take against Trump’s actions. China has been preparing for this outcome, designing similar actions to hurt the U.S.’s products entering China....
Why Trump’s Tariff Plan Goes Against the Free Market Ethos
8.11.2024
As Donald Trump eyes a dramatic economic overhaul, his proposed tariff regime stands at odds with the core tenets of free-market economics. Cutting Income Tax is Good, But Tariffs? Libertarians Disagree Donald Trump’s return to the presidency brings a bold agenda: funding government through tariffs...
Trump’s Stand on Tariffs Will Affect Both Rate Cuts & Crypto
6.11.2024
Donald Trump’s victory in the US Presidential election brings with it the probability of increased tariffs. That means…
Nobel Laureate Joseph Stiglitz Warns of the Dangers of Trump’s Victory for the U.S. Economy
15.10.2024
Joseph Stiglitz has referred to the possible effects of a hypothetical victory by Donald Trump in the upcoming U.S. presidential election. The Nobel laureate specified that Trump’s threats to raise China’s import tariffs and his radical “zero-sum” view of the world could...
Trump Threatens Countries Leaving the U.S. Dollar With 100% Tariffs
9.9.2024
Former President and Republican candidate Donald Trump announced future sanctions for countries supporting de-dollarization. At a rally held in Wisconsin, Trump declared: “You leave the dollar, and you’re not doing business with the United States because we are going to impose a 100% tariff...
Trump Talks Economic Plans and US Crypto Strategy With Bloomberg: ‘China’s Going to Have It—or Somebody Else’
17.7.2024
In a recent interview with Bloomberg Businessweek, former President Donald Trump outlined his economic vision, touching on topics such as taxation, tariffs, Federal Reserve Chair Jerome Powell, and cryptocurrency. Trump’s views and plans reflect his signature approach to economic policy...
Billionaire Mark Cuban Connects Silicon Valley’s Trump Support to Bitcoin
17.7.2024
On Wednesday, billionaire investor Mark Cuban shared on X about Silicon Valley’s growing backing for former President Trump, labeling it a “bitcoin play.” He argued that reduced tax rates and tariffs are likely to boost bitcoin prices. Mark Cuban Calls Silicon Valley’s Support...
Donald Trump Proposes Elimination of US Income Tax, Introduction of Tariffs
14.6.2024
U.S. presidential candidate and former 45th President Donald Trump has been proposing the idea of eliminating the country’s income tax and substituting it with tariffs. Trump Discusses Tariff-Based Revenue System With Republican Lawmakers On June 13, Donald Trump met with Republican lawmakers...
Biden Orders Chinese-Backed Crypto Mining Firm to Divest Land Near US Missile Base
14.5.2024
President Joe Biden has issued an order that blocks Mineone Partners Ltd., a Chinese-backed cryptocurrency mining company, from owning land near Wyoming’s Francis E. Warren Air Force Base, which is a strategic missile base. This measure requires the divestment of land used for crypto mining...