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In what could be a meeting with major implications, Canada’s Prime Minister Mark Carney will meet with US President Donald Trump in Washington for the first time since his election win. Indeed, Carney confirmed that the visit will take place next week in what will be a critical moment for both leaders. The relationship between both the US and Canada took a turn in 2025 following Trump’s election win. A brewing trade war between both countries has persisted for much of the US president’s first 100 days back in office, as he has touted the potential for the North American neighbor to become the 51st state. JUST IN: Canadian Prime Minister Mark Carney to visit the US for tariff negotiations with President Trump. — Watcher.Guru (@WatcherGuru) May 2, 2025 Also Read: China Imports Record Amounts of Canadian Oil, Cuts US Purchases Canada’s New Prime Minister Mark Carney to Visit Washington in Critical US Meeting Since early April, the US and Canada have seen tensions r...

Donald Trump has once again struck the market with a fresh spree of tariffs. The US president has levied 25% tariffs on the European Union, followed by deploying an additional 10% tariffs on China. Minutes after the aforementioned tariff announcement, the cryptocurrency market felt the aftereffects of it, with Bitcoin plunging below $80K price levels. Are Trump’s tariff spree ideations spelling trouble for the US economy? Let’s find out. Also Read: US Car Dealership Officially Accepts Pi Coin as New Payment Option Trump’s Tariff Strategy: A Blunder or a Boon? Source: LA Times Donald Trump is currently on an aggressive tariff spree. The 47th US president is currently busy imposing tariffs on nations, levying 25% and 10% tariffs on imports from the EU and China, respectively. Trump’s tariff decision had a massive global effect, with markets tumbling down due to the rising trade war fears. At the same time, Trump has also levied taxes on Mexico and Canada, sparking issues for US auto...

The crypto market trended lower last week as US tariffs rocked the market, causing investors to flee to safe-haven assets like Gold Crypto prices, which recovered slightly on Monday and Tuesday, continued trending downward as uncertainty looms Meanwhile, spot ETF inflows remained positive despite some days of outflows Bitcoin Bitcoin’s price trended lower over the last week following US President Donald Trump’s announcement of tariffs on Canada, Mexico, and China. Investors fled to safe-haven assets like gold while risky assets, like crypto, trended lower. However, the tariffs are a catalyst for faster price declines as price action shows that Bitcoin was already on a decline in its substructure after failing to swing higher than the $108,000 level three weeks ago. BTC/USD chart by TradingView BTC made two consecutive lower lows on the substructure over the last two weeks and traded into the daily demand zone early last week, logging a weekly l...

With geopolitical tensions rising, there are two sides establishing themselves. The West, or more notably the United States, and the global south are poised to face off. With economic policy targeting the BRICS bloc, will US President Donald Trump dissuade Saudi Arabia from potentially joining the collective? The Middle Eastern nation has long been connected to the economic alliance. It was invited to join the group in 2023 in an invitation that it had accepted. However, it has since wavered on that and has continued internal discussions on whether or not to align with the group. Now, the question is, has Trump given the nation enough of a reason to steer clear? Also Read: BRICS: Trump Tariff to Trigger Economic Crisis and Diplomatic Disputes? Is Trump Ensuring Saudi Arabia Stays Away From BRICS? There is no denying that geopolitical tensions are reaching a fever pitch. US President Donald Trump has enacted tariffs on a host of nations. Although some have been delayed, he has not spare...

With growing concerns of a burgeoning trade war taking place, Wall Street has struggled amid the US government’s economic policy shift. Amid that development, Tesla (TSLA) has seen its stock continue to fall, but are US President Donald Trump’s tariffs to blame? Trump issued 10% tariffs on Mexico, Canada, and China on Saturday. Moreover, their implementation led the nations to issue their own retaliatory measures. Although Mexico’s President, Claudia Scheinbaum, announced those tariffs would be delayed, there is still concern regarding how the economic policy could impact the United States. The stock market stands as a sector that could face increased losses. Tesla Shares Drop as Trump Tariff Turmoil Hits Wall Street Source: Investopedia Also Read: US Stocks: Which Was Hit the Hardest by Trump’s Tariffs? The last several months have not been kind to Tesla. The EV manufacturer has struggled, with its stock price facing volatile action since November. Although its Robota...

Late January and early February 2025 have proven turbulent for both the cryptocurrency and the stock market. China’s novel DeepSeek artificial intelligence (AI) model was the first to generate strong headwinds as it marked the entry of a new and powerful competitor to a sector otherwise dominated by American big tech. The other, more recent shock arose ‘on-shore’ as the financial markets reacted swiftly and violently to President Donald Trump’s tariff order that targeted partners and allies with more severe restrictions – 25% on trade with Mexico and Canada – and less severe on countries marked as ‘foreign adversaries – 10% on China. Bitcoin (BTC) experienced one of the strongest reactions as it plunged from highs above $105,000 on January 31 to its press time price of $95,759, though it also saw an even lower low earlier on February 3 when it collapsed below $93,000 before retracing from the support zone as buyers stepped in. ...

The US dollar strength keeps breaking records. Jobs data from December was better than expected. The dollar index went up to 109.99, the highest in two years. The euro and pound dropped to their lowest points in years. All this happened because the U.S. economy is doing well. Source: TradingEconomics Also Read: Cathie Wood’s Ark Invest Buys $8.6M of Amazon (AMZN) Stock How U.S. Dollar Strength Impacts Global Markets and Forex Trading Source: Watcher Guru Jobs Report Fuels Dollar’s Rally Source: BLS.gov The U.S. added lots of jobs in December. The jobless rate fell to 4.1%. This strong dollar impact changed how traders think about rate cuts. They now only expect one small cut in 2025. “With markets currently pricing in just over one rate cut by year-end, the reaction to the inflation print may be relatively measured,” stated Uto Shinohara, senior investment strategist at Mesirow Currency Management. Source: BLS.gov Global Currency Pressures Mount The euro went down by ...

In a press conference at his Mar-a-Lago Tuesday, US President-elect Donald Trump said that his administration “will cut taxes, slash regulations, raise wages and boost incomes at a pace the world has not seen before.” The incoming President has introduced several new policies in his economic plan, all of which will supposedly rescue the country’s economy. JUST IN: President-elect Trump says "we will cut taxes, slash regulations, raise wages and boost incomes at a pace the world has not seen before." pic.twitter.com/lPBOz6g476 — Watcher.Guru (@WatcherGuru) January 7, 2025 Trump’s plans for the economy are very ambitious, proposing several tax cuts and new tariffs. Republican policymakers are focused on extended tax cuts that benefit ordinary Americans. Donald Trump has also promised new tax cuts for people above 60. In addition, he plans to release a road map that includes new funding for border security, a top priority under his recent campaign. As a candidate, ...

The de-dollarization narrative has gained global recognition, with nations actively calling out to promote local currency narratives. This new perspective is leading the US dollar to note a significant valuation dip, with countries looking forward to finding able USD alternatives. The constant weaponization of the US dollar alongside its nation’s spiking debt metrics has compelled nations to make the call and contemplate hard on whether they want to support the dollar or not. With Trump taking over the US, his policies of imposing taxes on nations moving away from the dollar are also stressing the greenback. Will his leadership accelerate the de-dollarization drive or curb it entirely? Let’s find out. Also Read: Pepe December Forecast: How High Can The Token Surge Next Month? Trump’s New Policies: A Boon Or A Curse in Disguise? Republican presidential nominee former President Donald Trump waves as he walks with former first lady Melania Trump at an election night watch party at th...