Trump may dust off 1930 trade discrimination law to back reciprocal US tariffs

Trump may dust off 1930 trade discrimination law to back reciprocal US tariffs
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Trump may dust off 1930 trade discrimination law to back reciprocal US tariffs
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Bitcoin tumbled to levels not seen since April, reflecting a broader pullback from riskier assets as investors digested strong U.S. jobs data.The slide comes amid uncertainty over whether the Federal Reserve will cut interest rates next month, adding pressure on both crypto and equities markets. Digital assets meet tradfi in London at the fmls25 Crypto…
Kraken has appointed Alex Mehrdad as the new General Manager for Canada. In its statement today (Wednesday), the company said that this transition follows a remarkable year of growth under Mark Greenberg’s leadership, who is now set to head Kraken’s newly established Asset Growth and Management division. Mehrdad’s New Role With a background in management…
Financial markets infrastructure and data solutions firm TP ICAP Group and Amazon Web Services announced a seven-year strategic collaboration on Tuesday to enhance digital transformation and sustainability initiatives. The two companies are set to collaborate to accelerate the development of Fusion, TP ICAP’s cloud-based digital platform, designed to optimise transaction lifecycle management. It was revealed…
Trump raises South Korea tariffs after accusing Seoul of breaking trade deal Summary: Trump announced a tariff hike on South Korean goods from 15% to 25%. The move targets autos, lumber, pharmaceuticals, and all reciprocal tariffs. Trump blamed South Korea’s legislature for failing to approve a 2025 trade deal. The agreement was reached with President…
The highlight of Wednesday’s session will be the release of the US October core PCE deflator, expected at 0.3% MoM. Even though the market has largely moved on from the US inflation story, a sticky reading will add to doubts that the Fed needs to cut in December after all. Expect the dollar to largely…
DBS Group Research expects Singapore’s non-oil domestic exports to rise for a seventh consecutive month in March 2026, accelerating to 10.3% year-on-year from 4.0% in February. Electronics exports are seen outperforming on global AI demand, while non-electronics may rebound as Lunar New Year base effects fade, though petrochemicals likely face pressure from a Middle East-related…