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Trump tariffs small business owners are facing devastating consequences as the August 1 tariff deadline arrived today, but businesses got a brief reprieve when the White House announced tariffs will actually be implemented on August 7th to give Customs and Border Protection time to make necessary changes . Despite this one-week delay, the unprecedented supply chain pressure continues to mount, and import cost increases are still set to hit record levels as the US manufacturing shift isn’t happening fast enough to save thousands of companies from financial ruin. Report showing August 7 tariff implementation delay – Source: CNN Business How August 7 Tariff Implementation Drives Supply Chain Pressure and Costs Large container ship with Maersk and Hapag-Lloyd containers at port – Source: CNN Business Commerce Secretary Howard Lutnick had this to say earlier this week: “That’s a hard deadline, so on August 1, the new tariff rates will come in. Nothing stops coun...

It is that time of year again for the US stock market, as earnings data is abounding for some of the biggest companies on the planet. That being said, all eyes are not only on what will be gleaned from the data but also on how the companies will respond. One mega-cap company that has all eyes on it is Apple (AAPL), with traders anxiously awaiting how the stock will perform after its upcoming Q2 earnings report. The tech giant has struggled mightily throughout the first three months of the year. However, it has certainly not been alone, as a host of Magnificent 7 companies have failed to live up to lofty expectations after 2024. With macroeconomic uncertainty and tariff turmoil, the upcoming earnings data may be critical to where the iPhone developer goes from here. Source: MacRumors Also Read: Apple to Source all US iPhones from India, Pivots Away from China Apple Nears Critical Q1 Earnings Data: What Will Happen to the Stock? At the start of April’s final week, big tech stocks to...

BlackRock CEO Larry Fink suggests that another 20% stock market drop could come amid the current economic decline. While Fink says he sees the current dip as a potential “buying opportunity,” he also “won’t rule out” further market decline in the coming weeks. JUST IN: BlackRock CEO Larry Fink says he won't rule out another 20% market drop. — Watcher.Guru (@WatcherGuru) April 7, 2025 Speaking on BloombergTV, the BlackRock CEO talked about the current state of the US economy and stock market. Over the past week, the majority of the market is in the red amid uncertainty around Donald Trump’s recent tariffs announcement. The unrest poured into both the stock and crypto markets, with most assets losing significant value. While many investors worry that the drop could get worse, Fink notes that this may be true, but it could also be a buying opportunity. “I see it more as a buying opportunity than a selling opportunity, but that doesn’t mean we can’t go do...

VeChain (VET) has faced a massive price correction over the last few months. The asset has slipped to the 55th position among the top projects by market cap. VET’s price is down 1.2% in the daily charts, 17.3% in the weekly charts, 12% in the 14-day charts, 24.2% in the monthly charts, and 44.6% since April 2024. Source: CoinGecko Also Read: Ripple: XRP Forecasted To Hit New All-Time High of $4, Here’s When Cryptocurrencies Dip On Liberation Day Source: Watcher Guru President Donald Trump said that he would announce new tariffs for India, Japan, and other countries on Apr. 2, a day he called “ Liberation Day ” for Americans. Market participants may be weary about the upcoming tariffs. Risky assets such as cryptocurrencies have taken a massive hit. VET and most other crypto assets are trading in the red zone today. Also Read: Indian Firm Jetking to Raise Funds for Bitcoin Investment Macroeconomic headwinds have presented considerable challenges to the crypto market. The...

Russia, being an active part of the BRICS ecosystem, is now adopting a new stance. In a new clip, Russian PM Vladimir Putin can be seen expressing his desire to meet US President Donald Trump to discuss future proceedings. In another clip, Donald Trump was noted making a similar promise, adding that he wanted to meet Putin and discuss ending the ongoing war crisis. The conversation may span a variety of new topics, including the rising US dollar de-dollarization. Is the phenomenon of US Dollar derailment finally coming to a long halt? Also Read: Shiba Inu: Here’s What SHIB’s Immediate Price Target Is? Putin Says No Issues In Meeting US President Trump Source: CNN In a new clip online, Russian PM Putin was noted expressing his openness to meeting with US President Donald Trump. Russian President Putin says he is open to a meeting or summit with US President-elect Trump at any time. pic.twitter.com/h4yPeAVQg7 — BRICS News (@BRICSinfo) December 22, 2024 At the same time, Donald Trump was...

The Canadian dollar has plunged below its usual price radar, plummeting to hit the four-year low against the US dollar. The changing geopolitical narratives with the Trump regime tightening ropes surrounding tariffs and taxes have compelled CAD to fall dramatically. Also Read: Ripple: Will XRP Hit $2 In December 2024? Why Is the Canadian Dollar Falling? Source – Pixabay The Canadian dollar has hit a new four-year low against the US dollar. The fresh Tuesday statistics have reported the CAD falling dramatically against the US dollar. As the United States heads towards a new phase of political regime with Trump taking the lead, the president-elect’s stricter policies concerning tariffs have compelled the CAD to hit a new low. “As everyone is aware, thousands of people are pouring through Mexico and Canada, bringing crime and drugs to levels never seen before,” Trump wrote, citing the issue of illegal immigration and illicit drugs. Trump on Tuesday announced his plans to impose stric...