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Tariff Watch: Trump Defends Current Scheme and Vows Further Hikes


President Donald Trump remarked on the effects of the newly established reciprocal tariff scheme, including lower prices across the board and reduced inflation. He also stated that the U.S. would respond with stiffer tariffs if China continued to retaliate. Trade War Escalates as Trump Celebrates...

VC Chamath Palihapitiya Predicts Bretton Woods 2.0 as Trade War Endgame


Palihapitiya believes that Trump is allowing time for tariffs to settle down, enabling other countries to feel the effects of these measures on global trade volumes. After this, Trump would negotiate a global agreement to establish a Bretton Woods 2.0 system. Venture Capitalist Chamath Palihapitiya...

Schiff Urges China to Crash Dollar, Buy Gold Amid Trade War


Peter Schiff has suggested that China resolve its trade deficit with the U.S. by dumping its U.S. Treasuries and dollars, then using the proceeds to buy gold to back a revalued yuan. Schiff: Dumping U.S. Debt Would Benefit Chinese Consumers Economist Peter Schiff has urged China to resolve...

Global Market Turmoil Hits Gold, but Precious Metal Recovers


Gold, which had seen a strong first quarter in 2025, experienced a temporary dip below $3,000 per ounce on April 7, amidst global market turmoil fueled by trade war fears. Safe-Haven Asset Credentials Questioned as Gold Drops Nearly 3% After a rally that saw it reach new milestones in the first...

Trade War Fury: Asia’s Markets Crushed, Recession Fears Soar


Asian markets experienced significant declines on April 7, with Hong Kong’s Hang Seng Index plummeting over 13%. The turmoil affected other asset classes, including bitcoin, which briefly fell below $75,000. China Sovereign Wealth Fund Intervenes Asian markets began the week of April 7 with...

Bitcoin Drops 7% as Wall Street Futures Slide Before Monday’s Open


Bitcoin dipped to an intraday low of $77,098, mirroring the downturn in futures markets as the Dow Jones Industrial average plunged more than 1,500 points. Dow Tanks 1,500 Points; Bitcoin Sinks as Economic Anxiety Spreads Between 5 p.m. and 8 p.m. on Sunday, Apr. 6, the digital asset economy...

Wall Street Bleeds, US Banks Cleared for Crypto, and More — Week in Review


Wall Street bleeds, US Banks cleared for crypto, SEC commissioner calls for 7 crypto reforms, and more in this Week in Review. Week in Review Wall Street shed $2.85 trillion in value amid growing recession fears, following Trump’s new tariffs. Meanwhile, over 5,000 U.S. banks are now cleared...

JPMorgan and Polymarket Align on Rising 2025 Recession Probability


After two consecutive days of steep declines on Wall Street, forecasts of a looming recession have grown even more prevalent—intensifying even more so since the moment U.S. President Donald Trump unveiled sweeping tariffs across global markets on April 2. Trump’s Trade Policy Sparks Economic...

Germany Considers Repatriating Billions in Gold From US Amid Tariff Tensions


Germany is weighing the potential withdrawal of approximately 1,200 tons of gold, valued at over €113 billion ($124.41B), from the U.S. Federal Reserve in New York amid escalating trade tensions triggered by Trump’s tariffs on the European Union, according to recent reports and political...

Bitpanda CEO: Trump’s Tariffs a ‘Yield War,’ Not Protectionism


Eric Demuth, CEO of Bitpanda, argues that Trump’s tariffs are primarily a strategy to lower the 10-Year Treasury Yield and facilitate the refinancing of $9 trillion in U.S. debt by 2026. Demuth: Trump Tariffs Not Protectionist Eric Demuth, CEO of cryptocurrency exchange Bitpanda, argues that...

‘Cut Interest Rates, Jerome’: Trump Lashes Out as Stocks Tumble


Amid today’s ongoing market volatility, Trump stated that Federal Reserve Chair Jerome Powell must “stop playing politics” and swiftly cut the federal funds rate. Wall Street in Retreat, Trump on the Offensive: Fed Must Act ‘Quickly’ U.S. President Donald Trump’s trade war has unleashed turmoil...

The Internet Reacts To Trump's War On Nintendo


On Friday, Nintendo announced that players won’t be able to pre-order a Switch 2 on April 9. The company directly blamed President Donald Trump’s planned tariffs against basically every country on the planet (except Russia and North Korea, weirdly) for the delay. This has led to some people...

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