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Showing posts with the label tariffs

Amazon (AMZN) or Nvidia (NVDA): Which Will Be First to Join $4T Club?

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The US stock market bounced back in a big way this week. With the US and China agreeing to a 90-day tariff pause, investors flocked to Wall Street as a host of companies saw their shares jump in value. The reversal did reignite one ongoing debate between Amazon (AMZN) and Nvidia (NVDA), as both look on pace to join the $4 trillion club. The companies have emerged as two of the strongest brands within the Magnificent 7. Moreover, with the market’s worst days behind them this year, they have exploded to break through the $3 trillion mark. The question is, which will be the first to jump another $1 trillion and set a new all-time record? Source: REUTERS/Gonzalo Fuentes Also Read: Amazon (AMZN) to Eclipse Nvidia (NVDA) by 2030 Thanks to AI? Amazon & Nvidia Racing to History: Which Will Hit $4 Trillion First? The US stock market has performed well this week after months of volatility in the first few months of the year. Specifically, the S&P 500 has jumped for the fifth consecutiv...

US-China Trade Deal Key Losses: How Tariffs Backfired

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US-China trade deal key losses are becoming more and more apparent right now as both nations have just recently announced a rather surprising 90-day tariff reduction agreement. This unexpected development marks a significant shift in Trump’s trade war strategy. The cutbacks on reciprocal tariffs negotiated over in Geneva during the weekend produced a rollback of the tariffs reduction from a whopping 125% down to a meager 10% – with experts at this point regarding such a move as an evident victory over Beijing rather than a win for Washington. Markets have reacted with huge excitement to the news as global stocks soared massively on Monday. The S&P 500 jumped an impressive 3.26%, also the technology-laden Nasdaq Composite jumped even higher at 4.35%. Also Read: China Chooses US Trade, Weakens Russia’s De-Dollarization Push Key Losses for the U.S. in the Latest US-China Trade Deal and Market Reactions Source: FT US-China’s trade deal key losses became evident after many m...

BRICS: China Officially Launches Plan to Promote Its Own Payment System

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BRICS member China officially rolled out a plan to promote its own payment system to replace SWIFT. The Communist country aims to reduce US dollar dependency to confront Washington’s aggressive stance on trade and tariffs. The new plan was jointly released by the Shanghai municipal government and the People’s Bank of China, the country’s central bank. Also Read: BRICS: India Plays ‘Double Game’ With the US Dollar? The new payment system from BRICS member China will incorporate the Chinese yuan through the Cross-Border Interbank Payment System (CIPS). China wants to leverage its dominance in the manufacturing and trade sector and push the Chinese yuan for settlements. Also Read: Illinois Analyst Predicts If BRICS Currency Can Replace the US Dollar BRICS: China Will Take on SWIFT Through CIPS Payment System Source: silkroadbriefing.com The BRICS country China revealed that it will “enhance the functionality” of CIPS and challenge the Western-dominated SWIFT payment system. “...

Ford Suspends Shipments to China Amid US Trade War

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In what is a major development for the company, Ford has announced that it is halting shipments of certain vehicles to China amid a brewing trade war with the US. Indeed, the automaker is suspending shipments of its F-150 and other models to the country as tensions between both nations rise. The arrival of the United States’ Liberation Day tariff plan has seen concerns of a trade war persist in recent weeks. Moreover, Ford’s decision to cease its shipments came just a day after the company issued a memo warning that it would consider raising prices if both nations’ import duty increases remained. JUST IN: Ford suspends shipments of F-150 trucks and other cars to China. pic.twitter.com/WvZcasq6xZ — Watcher.Guru (@WatcherGuru) April 18, 2025 Also Read: China Imports Record Amounts of Canadian Oil, Cuts US Purchases Ford Halting Shipments of F-150s, Other Vehicles to China Amid Retaliatory Tariffs In recent weeks, tension between the United States and China has reached a...

Japan Agrees to Negotiate New Trade Deal With the United States

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In what could be yet another major development for the global economy, Japan has agreed to negotiate a new trade deal with the United States. Indeed, US President Donald Trump confirmed the talks were beginning in a post to his Truth Social platform. Since the announcement of his Liberation Day tariff plan, countries have been carefully formulating their response. Several have sought to renegotiate trade deals with the country, with Japan now joining that growing list. Alternatively, it remains embroiled in an ongoing tariff war with China as import duties on the nation are set to reach heights of 245%. JUST IN: Japan agrees to negotiate new trade deal with the United States. — Watcher.Guru (@WatcherGuru) April 16, 2025 Also Read: US Stock Market Could Plunge 50% After Tariffs Resume Japan to Meet With US President Trump, Talk New Trade Deal In recent weeks, the global economy has sought to navigate increasing geopolitical concerns. The US debuted its first string of America-first eco...

Amazon (AMZN) Expands AI Push as Stock Eyes End to 8-Week Losing Streak

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The US stock market has continued its early 2025 struggles as companies look to position themselves to benefit from an inevitable turnaround. Among them is Amazon (AMZN), which has announced a new expansion to its AI push that has the stock hoping it could put an end to its 8-week losing streak. The company is firmly entrenched as a top stock in both the AI and cloud-computing sectors. Indeed, this most recent development will see it look to increase competition with the former, as it seeks to shrug off early-year losses likely connected to the impending tariffs planned by US President Donald Trump. Source: Forbes Also Read: Amazon (AMZN) Key AWS AI Expansion Pushes Stock Up: Is It $305 Bound? Amazon Targeted Increased AI Push: Can It Overcome Market Downturn? April 2nd has been lauded by President Trump as America’s ‘Liberation Day.’ Specifically, it will see the nation integrate an aggressive economic policy that issues reciprocal tariffs on a host of nations. The ef...

Trade War Begins: List Of Tariffs That Went Live Today Under Trump's Regime

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Donald Trump’s fiery trade tariff policies have finally been introduced to the market. The US president’s tariff plans have gone into effect from today onwards. This development is sparking a widespread debate on the repercussions that the aforementioned move may trigger, which includes shaky world markets as well as the start of a full-fledged global trade war. Also Read: 3 Things To Expect From Trump’s First Cryptocurrency Summit On March 7, 2025 Global Trade War Fear Grips The Market Source: Watcher Guru Donald Trump’s aggressive trade policies have finally debuted, marking their formal entry in international markets as of today. His policies include levying heavy import tariffs on certain nations, which have been primarily put in place to strengthen the US economy. Trump’s diverse economic plan prioritizes bolstering the US manufacturing unit, which can be achieved through such tariff deployments. In essence, the US president wants the world to establish key factories in the U...

2 Cryptocurrencies To Invest $2,000 In Today

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Leading cryptocurrencies entered 2025 on the front foot as Trump induced a bull run after he reclaimed the White House in November. The US stock market rallied after his victory and the bullish thesis entered the cryptocurrency sector as well. Bitcoin climbed above the $100,000 mark and its price run pulled altcoins up along with it. Also Read: Dogecoin Price Prediction: AI Sets DOGE Price For February 25 However, things cooled down after Trump was sworn into office and tariffs took center stage in the global markets. This made the markets jittery as it directly affected trade, sales, and the broader imports and exports sector. The tariffs made the stock markets dip and top cryptocurrencies fell from their monthly highs. The correction is still ongoing and leading cryptocurrencies are available at a discount for accumulation. Buying now and holding on when the bull run returns could make investors reap the rewards. In this article, we will explain which cryptocurrencies you need to inv...

Asia's weekly TOP10 crypto news (Jan 27 to Feb 2)

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1. Trump Signed an Executive Order to Impose Tariffs on Goods from Canada, Mexico and China link The Wall Street Journal reporter Nick Timiraos wrote that Trump issued an executive order to impose a 25% tariff on Canadian goods, except for energy products, which will be subject to a 10% tariff, authorized by the International Economic Emergency Powers Act (IEEPA), and the tariffs will take effect on Tuesday. Meanwhile, on the 1st, US President Trump also signed an executive order to impose additional tariffs of 25% and 10% on goods imported from Mexico and China respectively. Affected by this, the risk market declined and Bitcoin dropped to a minimum of $100,279. Macro analyst Jiang Jinze pointed out that the biggest macro risk this year, Trump’s large — scale tariff increase, came to fruition this Saturday. It now appears that Trump is very determined about significantly and generally raising tariffs, and this is just the first step, with more tariffs expected to follow soon. Trump do...

BRICS: Trump Takes on the Chinese Yuan

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BRICS member China’s local currency, the Chinese yuan, has fallen into unchartered waters after Trump’s election victory early this month. The Chinese yuan has fallen to its 14-month low after Trump reclaimed the White House by defeating his Democratic rival Kamala Harris. Local currencies are now under pressure as the DXY index, which tracks the performance of the US dollar soared to 107 on Thursday. Also Read: BRICS: De-Dollarization Is Unstoppable The US dollar spiked 0.51 points on Thursday surging by 0.48% in the day’s trade. The strengthening of the US dollar is making local currencies dip to new yearly lows. A resurgence from here could be tough as the broader US market remains in the bullish phase filled with optimism. Therefore, the local currencies of BRICS nations like the Chinese yuan are under pressure after Trump’s victory. Also Read: BRICS: 28% of Trade Settled in Cryptocurrencies: Deutsche Bank BRICS: Trump Looks to Trounce the Chinese Yuan Source...