2025-03-29
BYD stock jumps, Goldman on Trump tariffs, and toilet paper troubles: Markets news roundup
President Donald Trump’s tariff announcement scheduled for April 2 is set to give the market a negative surprise, according to a Goldman Sachs (GS) economist.
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2025-02-11
Chinese EV maker BYD promises to make all of its models self-driving capable
Chinese EV maker BYD is pretty much the king of EVs in the country, even challenging Tesla in the country. Yesterday, in a company livestream, founder Wang Chuanfu claimed that the company will make a [...]
2025-02-02
Trump’s tariffs on Mexico, Canada and China could drive up prices of cars, electronics, fuel, food and more
On Saturday evening, Trump signed executive orders to impose tariffs on Mexico, Canada and China under the International Emergency Economic Powers Act (IEEPA), with a White House fact sheet claiming t [...]
2025-03-27
Trump's tariffs may cause toilet paper supply to unroll, Bloomberg reports
The U.S. supply of toilet paper may come unspooled. President Donald Trump’s increased tariffs on Canadian softwood lumber could have the unintended effect of disrupting production of the bathroom e [...]
2025-03-07
Trump's federal Bitcoin reserve order leaves the crypto market unenthused
With US stocks unstable, consumer confidence in the economy plunging and whispers of a potential recession growing less muted, the economy under President Donald Trump's second term has been abou [...]
2025-02-01
What will happen to TikTok? A look at the potential buyers.
TikTok may be back online, but the app’s future in the United States is still far from certain. President Donald Trump’s executive order delaying enforcement of the ban was only a temporary reprie [...]
2025-03-27
Trump to impose 25 percent tariffs on all cars not made in the US
President Donald Trump has signed a proclamation imposing 25 percent tariffs on "all cars that are not made in the United States" on top of taxes that are already in place. The tariffs will [...]
2025-03-31
Goldman Sachs raises its recession odds as Trump sounds more hawkish on tariffs
President Donald Trump has sounded more hawkish on trade in recent days after previously downplaying his plans for new tariffs set to be announced this week, according to a new report. It comes as Gol [...]