Yeah, I would say it was a huge disappointment when we were hearing the conversation and the negotiation with Switzerland and the US. It seemed like they were in the right going in the right direction that Switzerland executive were expecting some good news to come out of the tariff and I think it really came in as a shock. Now the reality for the Swiss equity market is that a lot of negative news was already in the price and this is probably why the market reaction this morning is quite negative but not ov ...

My fellow Americans, this is Liberation Day. On April 2nd, which is now known as Liberation Day, President Donald Trump announced sweeping tariffs, the largest in modern US history. He called the new policy a declaration of economic independence.His administration insisted no company would be spared unless they start building their products in America. But in the months since that day, the reality is that many companies and entire sectors have been quietly exempted, often without explanation. The executive ...

Berkshire Hathaway reporting a small decline in second quarter earnings. Operating profit at Warren Buffett's conglomerate dipped 4% year-over-year to 11.16% billion. Those results were impacted by a decline in insurance underwriting. Railroads, energy, manufacturing service, and retail all saw higher profits versus a year ago. The company did warn of potential adverse impacts and what they called considerable uncertainty stemming from President Trump's tariffs. Bergkshire also wrote down a loss of $3.8% bi ...

Indian Prime Minister Narendra Modi struck a defiant tone in the face of US President Donald Trump’s tariff threats, urging the nation to buy local goods as his administration signaled it would continue buying Russian oil https://t.co/KSU1FTdnWj ...

Swiss business officials struggle to wrap their heads around the 39% tariff President Trump imposed on their exports to the U.S. https://t.co/NqzRYjnrsr ...

President Trump has slapped a 25% tariff on US imports from India - far higher than the levies applied to goods from the European Union, Japan and South Korea. Can India's economy handle it? https://t.co/TCnupDpwgx ...

Y? US Tariff bill coming due in 3q … at least the mrkt believes that after NFP print. No major econ is creating enough credit fast enough to boost nominal gdp. So $BTC tests $100k, $ETH tests $3k. Come see my @WebX_Asia Tokyo keynote Aug 25 for more info. Back to the beach.Lookonchain (@lookonchain):Arthur Hayes(@CryptoHayes) sold 2,373 $ETH($8.32M), 7.76M $ENA($4.62M) and 38.86B $PEPE($414.7K) in the past 6 hours.https://t.co/1HymJRPhcj https://t.co/MoJNKUjJaQ ...

It is day 194 of the second Trump administration and it was not a good day for the Trump economy. On Wall Street, the Dow, S&P, and NASDAQ all lost more than a full percentage point. The selloff comes after Trump rolled out a list of new tariff rates on countries that haven't reached trade deals with the US.Those new rates take effect one week from today. But the big headline, the real story was the labor market. Economists were set to see a weak July jobs report today, but it was even worse than expected.I ...

[Music] A red day on Wall Street after President Trump did what he's famous for, firing people. This time, the head of labor statistic Erica McInterer, who Mr. . Trump says without evidence, isn't reporting accurate numbers.McInterer not commenting. It comes after the Labor Department reported fewer jobs than expected were added in July, while also revising down by 258,000 the number of jobs created in June and May. On Truth Social, Mr.. Trump posting, "We need accurate jobs numbers. I have directed my team ...

Shock, dismay and angst swept across India as businesses, policymakers and citizens digested US President Donald Trump’s sharp remarks and a surprise 25% tariff rate earlier this week. https://t.co/SmZ6YfgSga ...