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President Trump’s plan to impose sweeping tariffs on most of America’s trading partners has governments across the globe racing to schedule phone calls, send delegations to Washington and offer up proposals to lower their import taxes in order to escape the levies. On Monday, European officials offered to drop tariffs to zero on cars and…
President Trump’s wave of tariffs threatens to bring both short-term economic pain, including lower growth, and long-term damage to America’s standing and trade relationships around the world, the chief executive of Wall Street’s biggest bank warned on Monday. “The recent tariffs will likely increase inflation and are causing many to consider a greater probability of…
Trump and Netanyahu press conference canceled, White House says President Donald Trump (R) meets with Israel’s Prime Minister Benjamin Netanyahu in the Oval Office of the White House in Washington, DC, on February 4, 2025. Andrew Caballero-Reynolds | Afp | Getty Images The White House canceled a press conference with Trump and Israeli Prime Minister…
Threats to organizations take two distinct forms: clear and ambiguous. Clear threats are obvious and immediate. Imagine a chemical plant detecting a dangerous gas leak through alarm systems. The problem is clear, and the response options are easy to identify: evacuate the facility and seal the leak.
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President Trump’s global trade war has significantly raised the bar for the Federal Reserve to lower interest rates, as tariffs risk worsening an already knotty inflation problem while also damaging growth. Jerome H. Powell, the Fed chair, drove home that message in a hotly anticipated speech that came at the end of a turbulent week…
Virtually everyone in the cryptocurrency world celebrated the second election of President Trump, an enthusiastic booster of the industry who promised to turn the United States into the “crypto capital of the planet.” But now the man nicknamed “the first Bitcoin president” is presiding over a Bitcoin crash. Since Mr. Trump announced his global tariffs…
Hong Kong. Kowloon. Busy street in Mong Kok District. Acavalli | E+ | Getty Images Asia-Pacific markets extended their sell-off Monday as fears over a global trade war sparked by U.S. President Donald Trump’s tariffs fueled a risk-off mood. Hong Kong markets led losses in the region, with the Hang Seng Index declining 11.70%. Mainland China’s CSI…