Trump to hike China tariffs to 130% and impose software export controls next month, as trade war reignites to nearly ‘Liberation Day’ levels
https://finance.yahoo.com/news/trump-hike-china-tariffs-130-230930037.html
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https://finance.yahoo.com/news/trump-hike-china-tariffs-130-230930037.html
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Yahoo Finance
Trump to hike China tariffs to 130% and impose software export controls next month, as trade war reignites to nearly ‘Liberation…
Trump said the U.S. will impose a 100% tariff on China "over and above any Tariff that they are currently paying."
Ukrainian Bitcoin & crypto investor Konstantin Galish found dead by suic*de in his Lamborghini amid market crash.
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https://redd.it/1o431m1
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Majorie Taylor Greene: "Prices have not come down at all. The job market is extremely difficult. Wages have not gone up. Health insurance is going up. Home insurance goes up. Rent is going up. Young people have no hope of buying a home."
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What are rare earth minerals, and why are they central to Trump’s threats against China?
https://edition.cnn.com/2025/10/11/business/rare-earth-minerals-trump-china-xi
https://redd.it/1o4001v
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https://edition.cnn.com/2025/10/11/business/rare-earth-minerals-trump-china-xi
https://redd.it/1o4001v
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Reddit
From the Economics community on Reddit: What are rare earth minerals, and why are they central to Trump’s threats against China?
Explore this post and more from the Economics community
Major US online retailers remove listings for millions of prohibited Chinese electronics
https://www.reuters.com/sustainability/boards-policy-regulation/major-us-online-retailers-remove-listings-millions-prohibited-chinese-2025-10-10/
https://redd.it/1o45ceq
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https://www.reuters.com/sustainability/boards-policy-regulation/major-us-online-retailers-remove-listings-millions-prohibited-chinese-2025-10-10/
https://redd.it/1o45ceq
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Reuters
Major US online retailers remove listings for millions of prohibited Chinese electronics
The items are banned equipment or unauthorized by the FCC, its chairman said.
Bitcoin short: Trader makes $88 million in 30 minutes, times Trump’s tariff move perfectly with Bitcoin short
https://m.economictimes.com/news/international/us/trader-makes-88-million-in-30-minutes-times-trumps-tariff-move-perfectly-with-bitcoin-short/amp_articleshow/124479879.cms
https://redd.it/1o468t0
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https://m.economictimes.com/news/international/us/trader-makes-88-million-in-30-minutes-times-trumps-tariff-move-perfectly-with-bitcoin-short/amp_articleshow/124479879.cms
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The Economic Times
Trader makes $88 million in 30 minutes, times Trump’s tariff move perfectly with Bitcoin short
Bitcoin short trade: Learn how a trader made $88 million in just 30 minutes by shorting Bitcoin before Trump's tariff announcement. The timing has sparked debate about possible insider trading in the crypto community.
US kicks off controversial financial rescue plan for Argentina - BBC News
https://www.bbc.com/news/articles/c203vx56lqyo.amp
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https://www.bbc.com/news/articles/c203vx56lqyo.amp
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BBC News
US kicks off controversial financial rescue plan for Argentina
The Trump administration will purchase pesos in a bid to calm Argentina's economic crisis.
The AI bubble is 17 times the size of the dot-com frenzy — and four times the subprime bubble, analyst says
https://www.marketwatch.com/story/the-ai-bubble-is-17-times-the-size-of-the-dot-com-frenzy-this-analyst-argues-046e7c5c
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https://www.marketwatch.com/story/the-ai-bubble-is-17-times-the-size-of-the-dot-com-frenzy-this-analyst-argues-046e7c5c
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MarketWatch
AI bubble is 17 times the size of that of the dot-com frenzy, analyst says
A research firm is arguing not just that AI is in a bubble, but that it is 17 times the size of the dot-com bubble.
Scoop: Trump Administration Warns Food Stamps Could Run Dry Next Month
https://www.azexpress.net/en/news/884/scoop-trump-administration-warns-food-stamps-could-run-dry-next-month
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https://www.azexpress.net/en/news/884/scoop-trump-administration-warns-food-stamps-could-run-dry-next-month
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www.azexpress.net
Scoop: Trump Administration Warns Food Stamps Could Run Dry Next Month - AzExpress
The Trump administration is quietly warning state governments that it will soon run out of money to pay full Supplemental Nutrition Assistance Program (SNAP) benefits — potentially cutting off aid to 42 million Americans if the government shutdown continues…
I want to thank Trump for helping me lose weight
I find that I eat out less now, and when i buy groceries, I buy cheaper things like chicken instead of beef which is healthier for me. I also eat smaller portions.
Thank you Trump for making me eat less because prices have gone up so much
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I find that I eat out less now, and when i buy groceries, I buy cheaper things like chicken instead of beef which is healthier for me. I also eat smaller portions.
Thank you Trump for making me eat less because prices have gone up so much
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Reddit
From the economy community on Reddit
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Tarrifs are having the opposite of the intended effect - they are hurting businesses (and also consumers)
According to FT:
Gabriel Ehrlich, an economic forecaster at the University of Michigan, predicts the price of domestic and imported vehicles will increase 9.6 per cent on average over the several years it takes supply chains to adapt to Trump’s tariffs.
“Using 2024 prices this would raise the average cost of a vehicle by roughly $4,500 if profit margins stay the same,” he wrote in September.
Ehrlich said he also expects tariffs to trigger a decline in domestic car production, with the output of light vehicles falling by 313,000 units, or 3.1 per cent, annually. Light vehicle sales will fall by nearly 780,000 units a year and exports by 320,000 units, he predicted.
According to fool49:
Trump's policies will lead to job cuts in Michigan and the automotive industry. High unpredictable tariffs, make it hard to do business, when you have long product cycles and global supply chains. Nobody might shed a tear for the big three automakers, but hundreds or thousands of small suppliers are also hurting. Tarrifs are bad for both businesses and consumers.
Thank you Trump.
Reference: Financial Times
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According to FT:
Gabriel Ehrlich, an economic forecaster at the University of Michigan, predicts the price of domestic and imported vehicles will increase 9.6 per cent on average over the several years it takes supply chains to adapt to Trump’s tariffs.
“Using 2024 prices this would raise the average cost of a vehicle by roughly $4,500 if profit margins stay the same,” he wrote in September.
Ehrlich said he also expects tariffs to trigger a decline in domestic car production, with the output of light vehicles falling by 313,000 units, or 3.1 per cent, annually. Light vehicle sales will fall by nearly 780,000 units a year and exports by 320,000 units, he predicted.
According to fool49:
Trump's policies will lead to job cuts in Michigan and the automotive industry. High unpredictable tariffs, make it hard to do business, when you have long product cycles and global supply chains. Nobody might shed a tear for the big three automakers, but hundreds or thousands of small suppliers are also hurting. Tarrifs are bad for both businesses and consumers.
Thank you Trump.
Reference: Financial Times
https://redd.it/1o4jw09
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Reddit
From the economy community on Reddit
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A Shortlist of Federal Data the Trump Administration Has Tampered With or Destroyed
https://talkingpointsmemo.com/news/a-shortlist-of-federal-data-the-trump-administration-has-tampered-with-or-destroyed
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https://talkingpointsmemo.com/news/a-shortlist-of-federal-data-the-trump-administration-has-tampered-with-or-destroyed
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TPM – Talking Points Memo
A Shortlist of Federal Data the Trump Administration Has Tampered With or Destroyed
The scale and scope of federal data and statistics that have been...
Trump officials reportedly consider selling student loan debt to private investors
https://www.theguardian.com/us-news/2025/oct/12/trump-sell-student-loan-debt
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https://www.theguardian.com/us-news/2025/oct/12/trump-sell-student-loan-debt
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the Guardian
Trump officials reportedly consider selling student loan debt to private investors
Experts say the move could eliminate the federal government’s power to cancel educational loans
Trump says inflation is 'defeated' and the Fed has cut rates, yet prices remain too high for many
https://apnews.com/article/trump-inflation-federal-reserve-powell-88358f4955fd86ef3c86f5e8e089e775
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https://apnews.com/article/trump-inflation-federal-reserve-powell-88358f4955fd86ef3c86f5e8e089e775
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AP News
Trump says inflation is 'defeated' and the Fed has cut rates, yet prices remain too high for many
Inflation has risen in three of the last four months and is slightly higher than it was a year ago. Yet you wouldn’t know it from listening to President Donald Trump or even some of the inflation fighters at the Federal Reserve who have dismissed or even…
Bank deregulation set to unlock $2.6tn of Wall Street lending capacity
https://www.ft.com/content/8c69189c-7594-4612-bf29-0847ed995d98
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https://www.ft.com/content/8c69189c-7594-4612-bf29-0847ed995d98
https://redd.it/1o4txzr
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Ft
Bank deregulation set to unlock $2.6tn of Wall Street lending capacity
US lenders expected to cement global dominance by a significant easing of post-financial crisis rules
Baron Trump Genius confirmed. Thanks to insane market reading skills and quantitative analysis, Baron Trump just managed a record 1.4 billions $ profitable trade by shorting the crypto market with a perfect timing. Specialist and traders are in awe of his genius. Congratulations !
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Canada’s GDP’s up. Corporate profits are up 40%. Yet somehow, everyone’s poorer.
https://infogram.com/navigating-the-new-economic-reality-1hnp27ev5p75n4g
https://redd.it/1o4uvci
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https://infogram.com/navigating-the-new-economic-reality-1hnp27ev5p75n4g
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Infogram
NAVIGATING THE NEW ECONOMIC REALITY by Bryan Cruz - Infogram
Western executives who visit China are coming back terrified
https://archive.is/HO86m
https://redd.it/1o4zay2
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https://archive.is/HO86m
https://redd.it/1o4zay2
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archive.is
Why Western executives who visit China are coming back terrified
archived 12 Oct 2025 17:13:37 UTC