Trump Threatens Additional 50% Tariffs on China

President Donald Trump

President Donald Trump on Monday issued a sharp warning to China, threatening to impose an additional 50% tariff on all Chinese imports if the country does not withdraw its planned 34% retaliatory import tax on American goods. The warning, delivered via Trump’s Truth Social account, marks a dramatic escalation in …

Read More »

Bessent, Trump Defend Economic Strategy Amid Recession Fears and Retirement Worries

Treasury Secretary Scott Bessent

Treasury Secretary Scott Bessent on Sunday sought to calm public concerns about the possibility of a recession and plummeting retirement savings, asserting that President Donald Trump’s administration is focused on long-term prosperity despite market volatility. During an interview on NBC’s “Meet the Press,” Bessent called recent fears surrounding the stock …

Read More »

Wall Street Crashes as Trump Tariffs Roil Global Markets

Stock market on 4/3/025

Stocks took a nosedive on Thursday, wiping out trillions in market value, as President Donald Trump’s sweeping new tariffs shook investor confidence and triggered a global sell-off. The Dow Jones Industrial Average plummeted 1,679 points, or 4%, closing at 40,546. The S&P 500 suffered its worst single-day loss since the …

Read More »