In This Story President Donald Trump is set to slap Mexico and Canada, two of the U.S.’s top three trade partners, with 25% tariffs on all imports as soon as Saturday. But he’s eyeing a carve-out for one of his favorite products: oil. What DeepSeek’s AI breakthrough means for Meta, OpenAI, and Nvidia “Oil is…
Trump changed the market narrative on trade policy this week, easing fears that have weighed on investors. The president has shifted investors’ focus to his pro-growth agenda. A flurry of executive actions and announcements helped lift the S&P 500 to fresh records. President Donald Trump flipped the script on one of the market’s biggest worries…
Good morning. The S&P 500 closed at a record high yesterday for the first time since early December, fueled by comments from President Donald Trump calling for lower oil prices and interest rates. The comments were part of Trump’s speech at the World Economic Forum in Davos, which is the focus of today’s newsletter. BI…
On Monday and Tuesday, President Trump announced that he would be keeping one of his key campaign promises and imposing by Feb. 1 a 25% tariff on goods from Canada and Mexico as punishment for allowing drugs and migrants to cross into the United States as well as an additional 10% tariff on goods from…
JPMorgan Chase CEO Jamie Dimon said he’s looking at tariffs as an economic tool. Speaking in Davos, he said they can help address unfair trade balances and boost national security. “National security trumps a little bit more inflation,” he said. JPMorgan Chase CEO Jamie Dimon said Wednesday that while tariffs may lead to consumer price…
US President Donald Trump said he could impose 10% tariffs on Chinese goods from February 1. China’s stock markets fell after Trump’s comments, breaking several straight days of gains. Trump had said he could slap tariffs of 25% on Canada and Mexico from February 1. On his first day in office, President Donald Trump signed…
It is 10 years since Beijing announced an ambitious plan called Made in China 2025 to transform the country from “a low-cost manufacturing base into a high-tech superpower”. President Xi Jinping’s policy aimed for China to be world leader in a range of industries, from advanced computing to aerospace, and came with big investments in…
Wall Street is bracing for Donald Trump’s first 100 days as he returns to the White House. Some experts are anticipating a slew of executive orders right from the start. Taxes, tariffs, deregulation, and the national deficit are top of mind for money managers. The stock market rejoiced after the November election results as investors…
China’s “lingerie capital” Lianyungang, once a thriving farming community in Jiangsu province, has enjoyed a meteoric rise fuelled by a US tariff exemption known as the “de minimis” rule. However, US president-elect Donald Trump has promised to end the exemption some lawmakers have labelled a “loophole”. Factory owners in Lianyungang have expressed fear their businesses…
A five-year bull market is predicted, with 2025 marking its third year. Historically, bull markets average 67 months, but returns soften in the third year. Fed rate cuts and rising corporate margins support continued equity growth. History tells us we might be heading into the third year of a five-year bull market. The average span…