Independent thinking for complex markets and current events
Now that Donald Trump will be the next president once again a lot of people are wondering what’s going to happen to the US economy if he implements a tariff across all imported goods as he said he might. In this video we’ll take a look at some of the possible outcomes and consequences of …
Unleash the Apoorcalypse pic.twitter.com/fA79SE9JZD — zerohedge (@zerohedge) September 30, 2024 Comments from retail associations: The American Apparel and Footwear Association estimates that 53% of all US apparel, footwear, and accessories imports are routed through the East and Gulf Coast ports. The AAFA also noted risk from East Coast / Gulf port disruption to impact West …
by Mike Maharrey India reported record gold imports in August after the country slashed its import duty the month before. India ranks as the world’s second-largest gold consumer behind China. In July, the Indian government cut taxes on gold and silver imports by more than half, lowering duties from 15 percent to 6 percent. The domestic gold …
Meanwhile: China reported record levels of silver imports. pic.twitter.com/LYYP7JYZXd — Otavio (Tavi) Costa (@TaviCosta) August 15, 2024 In 2022, China exported $3.75 billion worth of silver, making it the largest exporter of silver globally. The main destinations for Chinese silver exports were Hong Kong, Turkey, Thailand, India, and Japan. On the import side, China brought in $1.1 billion worth of silver, ranking as the 10th largest importer. The primary sources of …
U.S. organic farmers are being undercut by low-priced organic imports, particularly from developing countries, where grower/producer groups are not subjected to annual inspections with USDA permission The USDA’s allowance of grower/producer groups in developing countries has led to commercial-scale farms escaping proper oversight, with only about 2% being inspected annually U.S. organic turmeric and hazelnut …
Donald Trump discussed the idea of imposing an “all tariff policy” that would ultimately enable the U.S. to get rid of the income tax, sources told CNBC. He also talked about using tariffs to leverage negotiating power over bad actors, according to another source in the room. Trump championed tariffs during his first term in …
Spot gold (XAUUSD:CUR) fell 1.5% on Friday following reports that the People’s Bank of China paused their purchases in May after 18 months of continuous buying, while silver shed more than 2% even as the U.S. dollar weakened. Bullion held by the People’s Bank of China was unchanged at 72.80 million troy ounces in May, …
China’s insatiable hunger for gold intensifies with a staggering 2,800 tons imported over the past two years, solidifying its status as a global powerhouse in the precious metal market. As the country’s central bank continues its relentless purchasing spree for 17 consecutive months, gold emerges as a coveted asset, outperforming traditional benchmarks like the S&P …
pic.twitter.com/UuOgLAgagH — Simonwins (@simonwins28) April 8, 2024
The Joe Biden Admin Is Once Again Selling Out The American Cattle Rancher The USDA Is Lifting It’s Ban On Beef Imports From Paraguay After 25 Years Due To Foot & Mouth Disease 🚨 The USDA Is Lifting This Ban Even Though They Have Not Done An On-Site Inspection Since 2014 “The… pic.twitter.com/c6qXJOzkjj — Wall …
A bill that would both ban octopus farming in California and ban farmed octopus from being imported into the state was introduced in the Assembly on Wednesday. Assembly Bill 3162, authored by Assemblyman Steve Bennett (D-Ojai), would specifically prohibit a person from engaging in an aquaculture activity in the state that involves the propagation, cultivation, …
US customers seeking anything other than an Apple Watch SE may find it difficult, as the Apple Watch Series 9 and Apple Watch Ultra 2 are no longer being imported until further notice. A patent lawsuit from Masimo led the United States International Trade Commission to recommend an import ban on infringing Apple Watch models. …
EU imports of Russian liquified natural gas (LNG) have increased by 40% since the invasion of Ukraine despite efforts to cut down supplies. Member states have bought more than half of Russia’s LNG on the market in the first seven months of this year, according to analysis of data by Kpler, which tracks marine and …
by Quant2011 Its super clear. At current price, West likes to sell gold to Asia. Mining nations outside of Asia – also. Gold flows East for only one reason: West does not recognize gold as real best form of money. Never. West dreams and conspires only about a system where commodities are for free and …
This is the moment when Japan started releasing treated nuclear water from its Fukushima plant into the Pacific Ocean today: pic.twitter.com/h4NMt1uaDi — unusual_whales (@unusual_whales) August 24, 2023 New plans to dump waste from the Fukushima Daiichi nuclear plant into the ocean could create mutant animals, an expert has hinted. Tokyo Electric Power Company Holdings (Tepco) …