July 15, 2025, 4:20 p.m.

International News

Finance News

The Trump tariff storm is sweeping the world: safe haven assets are soaring, European industries are under pressure, and the trading system is facing an abyss

On July 12, 2025, a statement by US President Trump once again stirred up the global market - announcing that starting from August 1, a 30% tariff would be imposed on imports from the European Union, a 35% tariff on Canada, and plans to impose tariffs ranging from 15% to 40% on other trading partners such as Brazil, Japan, and South Korea.

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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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Business News