July 14, 2025, 5:44 p.m.

International News

Finance News

Trump escalates external tariff trade pressure: Wall Street stock prices close lower

Recently, the Trump administration has exerted pressure on tariff and trade issues with other relevant trading nations. Starting from August 1st, it imposed a 25% tariff on Japan and South Korea in the Asian market.

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The turmoil in US Treasuries and the changes in the global financial landscape amid Powell's departure

Recently, a piece of news that Trump pressured Powell of the Federal Reserve to resign was like a huge rock thrown into a calm lake, causing a huge stir in the financial market.

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Federal Reserve personnel earthquake triggers systemic risk in US debt

In July 2025, US President Trump publicly demanded the resignation of Federal Reserve Chairman Powell and hinted at the possibility of early replacement of the central bank leader, citing cost overruns (1.9 billion to 2.5 billion US dollars) in the renovation of the Fed headquarters.

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Business News