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Nalezeno "Economics": 2250

Trump Vows Tariff Windfall Will Wipe out Income Taxes for Millions


U.S. President Donald Trump is reaffirming his commitment to tariffs, emphasizing that this approach could lead Americans who pay income tax to witness their taxes “substantially reduced, maybe even completely eliminated.” ‘External Revenue Service’ Incoming: Trump Eyes Elimination of Income Taxes...

Trade War Watch: China and the US Contradict on State of Negotiations


While there have been positive developments regarding the loosening of the U.S. tariffs on Chinese imports, the state of negotiations to finally solve this trade war is still uncertain. President Trump stated that there were meetings addressing the issue, but China has outright denied that these...

Bretton Woods Institutions Decrepit? Trump Administration to Push for Reform


Trump Administration’s Treasury Secretary Scott Bessent lashed out at the Bretton Woods institutions, stating that the IMF and the World Bank had lost their way. However, Bessent noted that the U.S. would not abandon these institutions, opting to pursue relevant reforms from within instead....

Could Easing Tariffs Spark a Lasting Thaw Between Washington and Beijing?


As of April 23, 2025, relations between China and the U.S. remain fraught, dominated by an intensifying trade war and deep diplomatic discord. But this week, U.S. President Trump told reporters that tariffs on China would drop “substantially,” sparking a notable lift in equity and crypto markets....

Is a Recession Locked In? Traders Assign High Odds to Economic Trouble Ahead


Trade wars, collapsing confidence, and stubborn inflation have kept Polymarket’s recession odds at 57%—signaling a bumpy economic road ahead. Economy on Edge This year, U.S. recession odds have climbed amid escalating tariffs, reciprocal trade measures, waning business confidence, decelerating...

Against All Odds, Argentina Keeps Beating the Dollar


Argentina celebrated the continued decrease in the dollar-peso exchange rate, even predicting that it might fall below the flotation bands established by the central bank. This would trigger a purchase intervention from the bank to weaken the peso. Argentina Keeps Winning the Battle Against...

Over 1,300 Economists Condemn Trump’s Tariffs as Economic Folly


A coalition of over 1,300 economists—including Nobel laureates and former policymakers—has publicly denounced the Trump administration’s 2025 tariff policies as reckless, harmful, and historically misguided. Trump’s Tariffs Face Elite Academic Rebuke In a sweeping condemnation of U.S. trade policy...

US Dollar Risks Breakdown if Fed Chair Is Fired, Warns French Official


Ousting the Fed chair could shatter U.S. credibility and rattle global markets, the French finance minister warned, citing spiraling instability threatening dollar dominance and investor confidence. Global Markets at Risk as Trump Eyes Removal of Fed Chair Jerome Powell French Finance Minister Eric...

Goldman Sachs Flags Major Dollar Slide as Tariffs Hit US Growth and Trust


Goldman Sachs warns the dollar is set to tumble as aggressive tariffs and slowing U.S. growth erode investor confidence and threaten its long-held global dominance. Goldman Sachs Sees Dollar Losing Ground Fast With Tariffs and Growth Stalling Out Growing concerns over U.S. trade strategy and...

Robert Kiyosaki Warns 10 US States Are Collapsing—’People Are Leaving’


Ten U.S. states are collapsing, Robert Kiyosaki warns, as mass migration accelerates and economic stress ignites urgent fears about the future of American stability. Kiyosaki Warns of 10 Collapsing US States With Mass Migration Already Underway Robert Kiyosaki, author of the best-selling book Rich...

China Increased US Treasury Investments as Trade War Escalated


Chinese purchases of U.S. Treasuries rose in February, when the Trump Administration enacted a 10% tariff on any imports coming from the Asian country. According to the Treasury International Capital (TIC) reporting system, China increased its U.S. debt holdings to $784.3 billion, up from $760.8...

Robert Kiyosaki Says Millions Will Lose Jobs—Here’s His Advice


Millions face looming job loss as Kiyosaki pushes a bold path to financial freedom through entrepreneurship, network marketing, and recession-proof wealth strategies. Millions Set to Lose Jobs—Here’s Kiyosaki’s Play for Financial Survival Robert Kiyosaki, author of the best-selling book Rich...

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