Tariff
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X @Bloomberg
Bloomberg· 2025-08-02 12:00
Trade Policy - The US has imposed a 25% tariff on imports from India [1] - This tariff is significantly higher than those applied to goods from the European Union, Japan, and South Korea [1] Economic Impact - The report questions whether India's economy can withstand the impact of the 25% tariff [1]
X @Arthur Hayes
Arthur Hayes· 2025-08-02 05:10
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 ...
Why one firing could be worse for the economy than historically bad jobs numbers
MSNBC· 2025-08-02 04:25
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 ...
President Trump fires labor statistics boss after weak jobs report
NBC News· 2025-08-02 00:15
[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 ...
X @Bloomberg
Bloomberg· 2025-08-02 00:10
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 ...
X @Investopedia
Investopedia· 2025-08-01 20:45
From a new tariff deadline to a potential new stimulus check, here is some news that could impact your wallet this week, and how you can prepare your finances for the week ahead. https://t.co/C7xLRxUM6e ...
X @Bloomberg
Bloomberg· 2025-08-01 18:09
Market Trends & Sentiment - The S&P 500 Index experienced a 18% decrease, marking its most significant single-day drop since April [1] - Options market data indicates ongoing apprehension regarding a potential economic downturn [1]
X @Bloomberg
Bloomberg· 2025-08-01 17:40
The White House released adjusted reciprocal tariff rates covering imports from a range of trading partners, aimed at narrowing trade deficits and raising revenues.Here's what they are https://t.co/inGacMqICq https://t.co/wehI1AhTIf ...
X @Investopedia
Investopedia· 2025-08-01 17:30
President Donald Trump late Thursday revealed new tariff rates on dozens of U.S. trading partners, but delayed their implementation by nearly a week. https://t.co/xbsubrDiZt ...