Iraq Bulletin

Tag : tariffs

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Nasdaq and S&P 500 extend losses on trade tensions

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U.S. stocks declined again on Tuesday as trade tensions linked to President Donald Trump's tariff policies continued to cloud the economic outlook, prompting more companies to pull back financial forecasts. Investor enthusiasm for artificial intelligence-related stocks also appeared to weaken,...
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S&P 500 loses over 3 trillion dollars under Trump administration

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The U.S. stock market has experienced significant volatility during the early months of President Donald Trump’s second term, recording one of the weakest openings to a presidency in modern history. Since his inauguration in January 2025, the S&P 500 has...
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Americans brace for recession as consumer expectations plunge in April

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Consumer confidence in the United States declined for the fifth consecutive month in April, dropping to its lowest level since May 2020. The Conference Board reported that its Consumer Confidence Index fell by 7.9 points to 86, reflecting mounting concerns...
News

Trump says Powell’s termination can’t come fast enough

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U.S. President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for his removal and blaming the central bank’s leadership for delaying interest rate cuts. Trump's comments, made both online and in the Oval Office, follow...
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Bitcoin steadies near $85K as tariffs roil crypto markets

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Bitcoin continued to hover near the $80,000 mark on Friday, as cryptocurrency markets faced renewed volatility stemming from shifting U.S. trade policy. The instability followed a sharp rebound earlier in the week after President Donald Trump temporarily eased some of...
Business

Nvidia rebounds sharply after tariff freeze announcement

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Shares of semiconductor giant Nvidia surged nearly 19% on April 9, 2025, following a significant shift in U.S. trade policy and signs of a reprieve in export restrictions related to China. The rally, part of a broader market rebound, was...
Business

Trump announces new import tariffs on cars, chips, and medicines

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U.S. President Donald Trump has announced plans to impose 25% tariffs on automobile imports, semiconductor chips, and pharmaceutical products entering the United States, with the measures set to take effect as early as April 2. Speaking at his Mar-a-Lago resort...
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Modi and Trump discuss energy trade to reduce US India deficit

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Indian Prime Minister Narendra Modi and U.S. President Donald Trump have agreed to commence negotiations on a bilateral trade agreement, marking a significant step in strengthening trade ties between the two nations. Announced during Modi’s visit to the White House...