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Flight from Dollar Assets Forces Trump to Back Down: High Tariffs and Threats to Fire Fed Chair Powell Eased
TradingKey - After two weeks of a massive flight from dollar assets, U.S. President Donald Trump’s relentless pursuit of high tariffs and his controversial plan to challenge the dollar's dominance by threatening to fire Federal Reserve Chair Jerome Powell have proven unsustainable.
Gold
EUR/USD
USD/JPY
USD/CNH
TradingKey
Apr 23, 2025
US Treasury Secretary Bessent sees de-escalation with China – Bloomberg
The US Treasury Secretary Scott Bessent commented that the tariff standoff with China is unsustainable and that he expects a de-escalation of the situation.
US Dollar Index
Gold
Fxstreet
Apr 23, 2025
Trump said 'doing fine' with China, has no plans to fire Powell
Investing.com -- U.S. President Donald Trump delivered remarks on the state of trade relations with China and other countries Tuesday, emphasizing the positive impact of tariffs on the American econom
Investing.com
Apr 22, 2025
Kashkari flags recession worries as tariffs put economy in crosshairs
Investing.com -- Minneapolisw Federal Reserve President Neel Kashkari flagged worries about a tariff-driven recession following a sharp turn lower in economic confidence in the wake of President Donal
Investing.com
Apr 22, 2025
IMF cuts U.S. growth forecast as tariffs and uncertainty weigh on outlook
Investing.com -- The International Monetary Fund has sharply revised down its U.S. growth forecast, citing trade tensions, policy uncertainty, and weakening domestic demand. In its April 2025 World Ec
Investing.com
Apr 22, 2025
Ishiba Takes a Hard Line as Japanese Auto and Tourism Industries Already Feel the Pain of Trump's Tariffs
TradingKey - As the impact of Trump’s tariffs on the real economy begins to surface, and more countries voice opposition to Trump’s tariff policies, Japan appears to be adopting a tougher stance in its trade negotiations with the U.S.
USD/JPY
TradingKey
Apr 22, 2025
Trump's call to fire Powell is ‘self-defeating’
Investing.com -- If tariffs weren’t enough for markets to contend with, President Donald Trump has thrown another major worry into the market with the calling of the head of Federal Reserve Chairman,
Investing.com
Apr 21, 2025
Trump’s Tariff Policies Come at a High Cost: Economic Approval Rate Hits New Low, GOP Warns of Party Rift
TradingKey - U.S. President Donald Trump’s relentless push to raise tariffs is not only threatening U.S. and global economic growth but also undermining his own presidential approval ratings, with support for his economic policies hitting a new low in his presidency. Meanwhile, there are growing...
TradingKey
Apr 21, 2025
China sends Boeing’s $55M jet back to US threatening future sales
A brand‑new Boeing 737 MAX to be used for Xiamen Airlines flew back to Seattle on Saturday. This happened after trade tariffs were announced for China, underscoring the deepening clash between Washington and Beijing.
Boeing Co
Cryptopolitan
Apr 21, 2025
Investing.com deep dive: Is Jerome Powell’s job safe amid Trump's threats?
Investing.com -- Federal Reserve Chair Jerome Powell is once again in the crosshairs of U.S. President Donald Trump, who is openly threatening to fire him unless the central bank cuts interest rates.F
Investing.com
Apr 18, 2025
Trump Stuns with Claims of Halting China Tariff Hikes—Genuine Shift or Tactical Ploy?
The U.S. President’s sudden declaration that he may no longer raise tariffs on China has sparked speculation: Is the trade war nearing its end?
TradingKey
Apr 18, 2025
Trump Tariffs Spark Global Central Bank Rate Cuts – Could the ECB Cut Rates 10 Times in Two Years?
TradingKey - Under the threat of U.S. President Donald Trump’s aggressive tariff policies, global central banks have been forced to reconsider their monetary policy stances. Following interest rate cuts by the Reserve Bank of New Zealand and the Reserve Bank of India, the European Central Bank...
EUR/USD
USD/CNH
USD/JPY
TradingKey
Apr 18, 2025
A Historic Moment in the U.S.: Trump vs. Powell, Can the President Fire the Fed Chair?
TradingKey - Discussions about terminating Federal Reserve Chair Jerome Powell’s tenure and the independence of the Federal Reserve have been heating up both before and after Donald Trump took office. Following the European Central Bank’s interest rate cut in April 2025, Trump renewed his calls...
TradingKey
Apr 18, 2025
U.S. Treasury bond doomsdayers need to take a step back, CIBC economist says
Investing.com -- Bonds are in charge. This is the sentiment being relayed by market participants recently as they digest the impacts of President Trump's trade policy. In fact, the bond market was g
Investing.com
Apr 17, 2025
Canadians post record investments in US equities for February
Investing.com -- In February 2025, Canadian investors increased their holdings in foreign securities, with a record investment in US equity securities, according to a report by Statistics Canada. A to
Investing.com
Apr 17, 2025
Ontario's Ford unveils plan to streamline permits for Ring of Fire
Investing.com -- Ontario Premier Doug Ford announced today a comprehensive plan aimed at bolstering the province's economy and making it a more competitive place to invest within the G7. The plan targ
Investing.com
Apr 17, 2025
With Powell's job on the line, Fed's Williams sees no need to cut rates
Investing.com -- Federal Reserve Bank of New York President John Williams expressed his view that the current interest rate policy is appropriate and does not require immediate adjustment.Williams, wh
Investing.com
Apr 17, 2025
LVMH CEO Arnault blames Brussels for tariff stalemate
Investing.com -- LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) CEO Bernard Arnault issued a stark warning Thursday about the escalating U.S.-EU trade tensions, placing blame squarely on Brussels if n
Investing.com
Apr 17, 2025
Surprise! China and Japan actually raised their US treasury holdings in February
Investing.com -- Recent speculation that China and Japan were dumping U.S. Treasuries took a hit on Wednesday after a report from the U.S Treasury Department showed that foreign holdings of Treasuries
Investing.com
Apr 16, 2025
Fitch cuts global growth outlook as trade war escalates
Investing.com -- Fitch Ratings has sharply downgraded its global growth forecast for 2025 amid mounting trade tensions. The agency cut its world growth estimate by 0.4 percentage points, trimming U.S.
Investing.com
Apr 16, 2025
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