Trump Holds Firm on Tariffs, Fed Declines to Cut Rates
SOUTH KOREA, JUL 31 – Trump imposed new tariffs of up to 40% on Brazil and 25% on South Korea to address trade imbalances, while the Federal Reserve held interest rates steady amid inflation concerns.
9 Articles
9 Articles
Trump holds firm on tariffs, Fed declines to cut rates
WASHINGTON (NEXSTAR) - With a Friday deadline looming, President Donald Trump approves new tariffs on Brazil and copper, pressuring nations to strike trade deals. At the same time, the fed says it won't cut interest rates. The president is taking a hard line on trade, signing off on new tariffs while threatening more to come but as he turns up the pressure globally, he's also clashing with the Federal Reserve here at home. President Trump signe…
Most Markets Down As Fed Holds And Trump Announces Fresh Tariffs
Asian markets mostly fell Thursday while the dollar held most of its gains as traders weighed a cautious Federal Reserve with strong tech earnings and Donald Trump's tariffs on key economies South Korea and India.
Bitcoin Faces Potential Pressure Amid Tariff Hikes and Reduced Fed Rate Cut Expectations · Cardano Feed
Crypto markets declined sharply today as new U.S. tariffs and sticky inflation raised concerns, lowering expectations for a Fed rate cut in September and triggering sell-offs across major cryptocurrencies like Bitcoin, Dogecoin, and Ripple. New tariffs between 10% and 40% on global partners add
The arm between Donald Trump and the Federal Reserve is intensifying. The president accuses the institution of sabotaging the economic recovery by refusing to lower rates quickly. As the Fed approaches a decisive meeting and in the midst of growing trade tensions, it is under the fire of criticism. In an increasingly politicized climate, the independence of the central bank is put to the test, while the markets are scrutinizing its least signals…
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