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Donald Trump renews threat to hit trading partners with steep tariffs

Donald Trump has revived his threat to hit major trading partners with steep “reciprocal” tariffs even as he granted a three-week reprieve for countries to negotiate trade deals with the US. The president on Monday sent letters to Japan and South Korea, both among the US’s biggest trading counterparts, saying the country would impose 25 … Read more

Non-compliant traders face steep fines

Britain’s crypto traders may soon face more than just market volatility—starting in January, failure to share personal details with trading platforms could cost them £300 each. The UK government is tightening its grip on the crypto economy with new tax compliance rules that require users to provide identifying information to exchanges and platforms. The Cryptoasset … Read more

Trump’s tax bill backfire: Foreign companies could avoid U.S. investment over steep hikes

 President Donald Trump likes to say he’s bringing in trillions of dollars in investments from foreign countries, but a provision in his tax cuts bill could cause international companies to avoid expanding into the United States. The House-passed version of the legislation would allow the federal government to impose taxes on foreign-parented companies and investors from countries judged … Read more

US stocks wipe out steep losses that followed Trump’s ‘liberation day’

Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. US stocks rallied on Friday, wiping out the steep losses that followed Donald Trump’s “liberation day” tariff announcement a month ago, after labour market data exceeded expectations. The 177,000 jobs added in April, according to … Read more

Trump advisors argue steep tariffs on countries like Vietnam and Cambodia are needed to erase trade deficits and rework supply chains. The economics say that’s going to be a long shot

U.S. President Donald Trump, on “Liberation Day,” reserved some of his highest tariff rates for Southeast Asia. Economists expected to see some targets, like manufacturing hub Vietnam, on Trump’s tariffs list. Other targets, like neighboring Cambodia, were more surprising—and all were shocked by the steep tariffs imposed on the region, often extending into the 40% … Read more

‘China plus one’ bets unravel as Southeast Asian economies get steep ‘Liberation Day’ tariffs

A few countries stand out on the White House’s new chart of its so-called reciprocal tariffs. Cambodia, with a new 49% tariff; Vietnam, with 46%; and Thailand, at 36%. Southeast Asia—even compared to its Asian peers—was particularly hard hit on “Liberation Day.” Economies in Southeast Asia have largely benefited from the “China plus one” strategy, … Read more

Crypto miner Bitdeer faces steep Q4 loss but eyes 40 EH/s hashrate goal

Bitdeer Technologies Group reported a $531.9 million loss for the fourth quarter of 2024, a sharp increase from the $5 million loss in the same period the previous year. Bitdeer, the blockchain and fast computing-focused company released financial results for the fourth quarter and full year of 2024. The company reported a net loss of … Read more

Berachain on steep decline despite Crypto.com listing

Berachain is down over 27% at last check Saturday, trading around $5.99 following its recent listing on Crypto.com. The token’s (BERA) steep decline comes despite gaining exposure on multiple major centralized exchanges, including MEXC, Upbit, and Bithumb. Berachain, promoted by its pseudonymous founder “Smokey,” officially launched on Feb. 6, after more than a year of … Read more

Catzilla presale halfway through, early buyers secure steep discounts

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Catzilla, a Solana-based meme coin featuring a mutant cat, unites crypto fans, anime lovers, and cat enthusiasts. Catzilla is a Solana-based meme coin with a giant mutant cat as its symbol. The name comes … Read more

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