Independent thinking for complex markets and current events
President Donald Trump on Monday declared an emergency aimed at protecting the U.S. food supply and temporarily suspended import duties on certain Moroccan fertilizer products. Under the presidential emergency declaration, phosphate fertilizer imported from Morocco will no longer face tariffs for up to eight months or until the emergency declaration is terminated. “The proclamation declares …
China’s silver imports exploded in March.They jumped +78% month-over-month to a record ~836 tonnes.That’s +173% above the normal 10-year seasonal average for March.Big surge came from retail investors buying silver bars plus solar panel makers stocking up before tax rebates ended. China is clearly hoarding silver hard right now. h/t daddysgirl794
BREAKING: China will eliminate tariffs on all imports from all 53 African countries with which it holds diplomatic ties starting May 1, excluding Eswatini, which maintains ties with Taiwan. pic.twitter.com/cDiIr2Aqx9 — Current Report (@Currentreport1) April 3, 2026
President Donald Trump said on Monday he was raising tariffs on U.S. imports of South Korean autos and other goods, blaming the legislature of an ally and a major trading partner for dragging its feet on enacting a deal agreed last year. For South Korea, the decision, which officials in Seoul said caught them by …
by confoundedinterest17 Well, tariffs didn’t turn out to be a lethal weapon as Democrats predicted. The US economy continues to grow! The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 3.5 percent on December 16, down from 3.6 percent on December 11. After this morning’s releases from the US Census …
US imports have started contracting. The chart shows that inbound loaded containers arriving at the Los Angeles and Long Beach ports in California were shrinking as of October. US imports were the main pillar of global trade in the past three years. Hence, a drop in US imports would entail a contraction of global trade/exports. …
WASHINGTON/NEW DELHI (Reuters) -India has halved its purchases of Russian oil, a White House official said, but Indian sources said no immediate reduction had been seen, as President Donald Trump’s administration presses New Delhi and other nations to buy less Russian crude. Russian oil is a main irritant for Trump in prolonged trade talks with …
BREAKING: 🇨🇳🇺🇲 China signaled that it would not back down in the face of a 100% tariff threat from President Donald Trump, per WSJ pic.twitter.com/VCI3sFUdTy — Megatron (@Megatron_ron) October 12, 2025 China signaled Sunday that it would not back down in the face of a 100 percent tariff threat from President Donald Trump, urging the …
🚨 BREAKING: Trump admin is weighing a 1:1 semiconductor rule: for every chip US firms import, they must match with domestic output—or face ~100% tariffs. Policy could benefit firms expanding US production (TSMC, Micron, GlobalFoundries) but challenge tech companies with complex… pic.twitter.com/WFg4LXaQzq — The Lie Lamaa 🏹 (@_TheLieLamaa) September 28, 2025 The Trump administration is …
Postal traffic into the United States plunged by more than 80% after the Trump administration ended a tariff exemption for low-cost imports, the United Nations postal agency said Saturday. The Universal Postal Union says it has started rolling out new measures that can help postal operators around the world calculate and collect duties, or taxes, …
The U.S. trade deficit in goods widened 22.1% to $103.6 billion in July from $84.9 billion, according to the Commerce Department’s advance estimate released Friday. The deficit was much wider than expected. Economists expected the deficit to widen to $87.7 billion, according to the Econoday research firm. “The wide fluctuations in trade flows associated with …
U.S. July CPI: Core Inflation Hits 3.1 Percent Year Over Year Headline CPI rose 0.2 percent month over month, matching expectations. Year-over-year inflation came in at 2.7 percent, just below the 2.8 percent estimate. Core CPI rose 0.3 percent month over month and 3.1 percent year over year, beating the 3.0 percent forecast. The Fed …
As of June 2025, the cost of Trump’s tariffs is split clearly: U.S. companies have absorbed 64% of the burden, foreign exporters took on 14%, and U.S. consumers already paid 22%. Goldman Sachs’ analysis confirms this breakdown through mid-2025, showing who is really bearing the tariff costs. https://deepnewz.com/tariffs/goldman-sachs-u-s-companies-absorbed-64-tariff-costs-consumers-share-to-rise-f9d46ce8 As of June, foreign exporters absorbed 14% …
Chuck Schumer criticized Trump’s August 1 tariff order but did not offer any policy alternative. “All Talk, No Substance”: Schumer torches Trump’s tariffs as August 1 deadline hits https://www.politico.com/news/2025/07/30/trump-tariff-deadline-august-1-00483122 He called the new duties “an experiment in chaos, dishonesty and inflation” https://www.theguardian.com/us-news/live/2025/jul/31/donald-trump-tariffs-trade-canada-palestine-us-politics-live-news-updates Trump’s order levies 40% tariffs on transshipped goods and 10% on goods from …
This is US consumer imports. pic.twitter.com/O5epi5CBq1 — Anna Wong (@AnnaEconomist) July 29, 2025 Stunning. U.S. imports of consumer goods have plunged by 43.9% over the past 3 months … that is the largest decline in history pic.twitter.com/kybq7DxPtT — Kevin Gordon (@KevRGordon) July 29, 2025
Ground beef just hit $6.12 Highest price ever recorded by the USDA Up 12% year over year Up more than 50% since 2022 This isn’t a seasonal spike It’s systemic US cattle inventory has collapsed 94.2 million head as of July 1 Lowest mid-year count since 1973 June feedlot placements: 1.44 million Lowest since 2017 …
Tariffs hit at wrong time in the cycle. See that plunge in Consumer Goods Imports (-36.2% so far)? 👇🏼 Again, you can’t have inflation when consumers are tapped out. If this tariff nonsense were happening at the beginning or middle of the economic cycle, this chart would look different. pic.twitter.com/N6Pi9ZpV8t — Kalani o Māui (@MauiBoyMacro) …
China has just reported its largest two-month copper imports in history. Don’t read too much into these weekend headlines about geopolitical agreements as if something fundamental has shifted. The world remains firmly entrenched in a deglobalization trend, which, in my view, is unlikely to change course anytime soon. The push to secure strategic metals is …
by Michael Over the last several decades, the global economy has become more interconnected than ever, but now everything is changing. The flow of goods between the number one economic power on the planet and the number two economic power on the planet is absolutely imploding, and that is going to have enormous implications on …
Listen to the head of the Port of Los Angeles. No single person is getting more real time data about the economy than this guy. He says we are fucked. pic.twitter.com/QNmJc8FKw4 — Spencer Hakimian (@SpencerHakimian) May 3, 2025 h/t telling it straight
JUST IN: 🇨🇳🇺🇸 China removes 125% tariff on US ethane imports, Reuters reports. pic.twitter.com/PuhFkbvgcb — BRICS News (@BRICSinfo) April 29, 2025 Ethane producers rn pic.twitter.com/9cAVQgN8z4 — Synq Intern (@SynquoteIntern) April 29, 2025
American ranchers have been battered by multinational corporations flooding the food supply chain with cheap beef imports from third-world countries, much of it ending up in supermarkets without consumers ever realizing it. Now, in a move to protect both consumers from flesh-eating parasites and support mom-and-pop ranchers, the Department of Agriculture warned Mexico on Saturday …
Reuters is reporting on a major news story: Europe might import Russian gas once again. The reason is that the European industry simply cannot provide meaningful output without it and the price of the European products is rising because of the high energy costs which Europe currently has. In this video we’ll discuss the impact …
BREAKING: The U.S. Commerce Department is conducting a national security investigation into imports of semiconductor technology and related downstream product, per CNBC. As part of the probe, the Commerce Department will investigate the “feasibility of increasing domestic… — unusual_whales (@unusual_whales) April 15, 2025 According to a document to be published in the Federal Register on …
🇺🇸 🇨🇳 🇦🇺 China has just HALTED all liquified natural gas imports from the United States. This leaves tankers in limbo with BILLIONS of dollars of contracts. China will now go with Australia for their natural gas needs instead. Australian is inking new deals throughout Asia… pic.twitter.com/l2eOvZiy4L — ADAM (@AdameMedia) April 11, 2025 But I …
The White House just updated the 321 Executive Order, now items sent through International Postal Mail get a tariff of 90% or $75 per item. The transportation company chooses if it's 90% or $75, but it has to be the same for all their shipments. This is just for Postal Mail. pic.twitter.com/YbjgVltt7l — Aaron Rubin …
Trump has pulled the trigger on Big Pharma. Imported medicine, once spared, is now squarely in his sights. A 25 percent tariff will hit everything from generic antibiotics to life-saving cancer treatments. This isn’t just about trade. It’s about power, leverage, and rewriting the rules of the global drug game. https://twitter.com/atrupar/status/1909764103096139890 Americans import over $200 …
The supply of many foreign-made goods into the US is likely to grind to a halt as a result of President Trump’s tariffs, sources told The Post Monday. A baseline tariff of 10% was applied to many countries Saturday, with heftier percentages applied to the “worst offenders,” which levy high tariffs on US goods they …
Duty-free treatment for parcels under 150 euros is on the chopping block and almost certainly will be adopted by the EU countries. China in shambles. via CNBC: Chinese online marketplace Temu and fast-fashion retailer Shein will be liable for the sale of unsafe and dangerous products on their platforms, the European Commission said on Wednesday, …
WASHINGTON (Reuters) -U.S. President Joe Biden on Tuesday imposed an immediate ban on Russian oil and other energy imports in retaliation for the invasion of Ukraine, amid strong support from American voters and lawmakers, even though the move will drive up U.S. energy prices. “We’re banning all imports of Russian oil and gas energy,” Biden …