Trade Relations & Tariffs - The U S is reportedly willing to extend the trade deadline with Mexico for several weeks amid ongoing conversations [2] - Mexico currently faces a 25% tariff on non-USMCA compliant goods [4] - The threat of tariffs on Mexico had been that the rate could increase to 30% [4] - Tariffs imposed on Mexico are related to fentanyl concerns and border issues, not reciprocal trade [5] - A 35% tariff is in place on non-USMCA compliant goods [7] - There is a 50% tariff on Canadian steel and aluminum [7] USMCA & Trade Agreement Implications - The U S-Mexico trade relationship is being given preferential treatment compared to Canada, according to President Trump [4] - It remains uncertain whether the additional 10% tariff will extend to USMCA compliant goods [7] - The U S is closely monitoring potential concessions from Mexico to meet President Trump's demands [6]

In late 2024, the United Kingdom experienced significant disinflation. However, this trend reversed in 2025 as CPI inflation increased sharply by July and remained at that level through September with inflation averaging 2.8% in Q1 of 2025 before climbing to 3.5% in Q2. The sharp reversal stems from a combination of domestic policydriven cost increases, global commodity pressures, and lingering effects from past economic shocks.Food price inflation has been the primary driver, rising 5.1% in August of 2025 ...

October of 2025 is going to be a big month in determining the future relationship between the US government and cryptocurrencies. Expectations are for the SEC to rule on several crypto ETF proposals. Now, the proposals cover some of the more established coins like Salana and XRP, but also some altcoins like Dogecoin, Litecoin, and Cardano.But what does it mean for the crypto world. Well, it could be a major positive step. Crypto traders and investors have expressed a long desire for specific regulatory clar ...

In the wake of the US government shutdown, which delayed official jobs and CPI reports, the Federal Reserve is expected to pivot to private sector indicators for insights into labor markets and inflation. Key alternatives include the ADP employment report, which tracks payroll data from over 26 million workers and has shown some long-term correlation with the BLS non-farm payrolls data. Although the short-term correlation is pretty weak, ISM manufacturing and services indexes, which are real-time surveys on ...

Political Landscape & Election Results - Argentina's President faced a crucial midterm test [1] - Investors lost faith in free market experiment after a crushing defeat [2] - The President turned it around with 41% of total votes, nine points above the opposition [2] - The election result doesn't mean things will be easy, still far short of a simple majority in the lower house [3] - Lasting reforms (tax, labor, and pension) are key to ensure re-election in 2027 [3] Market Reaction - Argentina bonds and stocks soared in response to the election results [2] - Benchmark dollar notes were up more than 0.13% [2] International Relations - Donald Trump extended a $20 billion lifeline to the crisis-prone nation [2]

Looking ahead to the week ahead. Lots of tech earnings come Wednesday and Thursday. Big meeting between the US and Chinese leader coming up on Thursday, too.Sandwiched in between somewhere, a Federal Reserve decision that we're all taking for granted make the case just an assumption. They cut interest rates again and it's easy sailing, except you and I both know it's different that committee. Mike, how difficult will it be for the Chairman Powell, to communicate anything beyond the October decision.Oh, it's ...

Chinese and U.S. trade negotiators lined up a number of deals over the weekend. Those talks come ahead of President Trump. And President Xi is planned meeting this week in Korea.Bloomberg reporting that the agreements, however, did not resolve key fundamental issues such as national security. Our Washington correspondent Taylor Kendall joins us now from Tokyo, where she's been traveling with President Trump. So, Taylor, what does it seem like was agreed upon in Malaysia over the weekend.Yeah. Hey, Danny. We ...

Market Reaction & Political Landscape - Argentine dollar bonds surged to record highs following Javier Milei's stronger-than-expected legislative election win, alleviating investor concerns about reform implementation [1] - The Argentine peso experienced a jump in value following the election results [1] - Milei's bloc secured 41% of votes, exceeding market expectations and achieving significant congressional gains [2][4] - The US provided substantial support to Argentina by purchasing over $1 billion in pesos leading up to the election [2] Reform & Economic Implications - The election outcome suggests continued patience among Argentinians for economic reforms aimed at breaking the cycle of defaults [4][5] - Milei's increased representation in both chambers of Congress enhances his ability to push through necessary reforms and improves his chances for reelection in 2027 [6][7] - While inflation has been successfully reduced, progress on job creation and attracting foreign investment has been limited due to congressional constraints [6] Challenges & Future Outlook - Despite the positive showing, Milei remains short of a simple majority in either chamber, necessitating negotiations with moderate blocs to pass legislation [8][9] - Milei's increasingly aggressive rhetoric could complicate negotiations with potential allies [9] - The Argentine peso strengthened against the dollar by 85% [7]

So, is Donald Trump a role model for you for government. >> In terms of standing up for the national interest above all else, yes. In terms of keeping promises that he made to the electorate, yes, there are many other areas in which we might disagree or might do things. >> Which are the areas that you disagree.>> There are other areas you might disagree, social policy, etc. We we might see things differently, but the the the fundamentalism of Trump is you tell the electorate, I'm going to do X, and you actu ...

Just weeks ago, it looked like a majority of countries would vote to adopt a global carbon tax on shipping. But then threats from the US, led by Donald Trump, cause the countries to waver and sink the idea. The world now has a carbon bully, as one expert put it.Trump has never been a fan of green technologies, but in this second term, he has made a concerted effort to wreck climate policies. At home, he has canceled renewable energy projects and made it harder to build new ones. While urging the oil and gas ...