Money

Trump’s “Liberation Day” tariffs could escalate trade tensions

Trump’s reciprocal tariffs set for “Liberation Day” on April 2 could escalate trade war and impact global markets.

Published

10 months ago

April 1, 2025

ticker NEWS

Trump’s reciprocal tariffs set for “Liberation Day” on April 2 could escalate trade war and impact global markets.

As the trade wars initiated by U.S. President Donald Trump escalate, anticipation builds for April 2.

Trump has labelled this date “Liberation Day,” promising to introduce tariffs on imports to reduce reliance on foreign goods. He plans to implement “reciprocal” tariffs aligned with duties other countries impose.

However, specific details on these tariffs remain unclear. White House press secretary Karoline Leavitt stated Trump would disclose his plans on Wednesday, although details are still subject to his final decision.

Trump has taken an aggressive stance on tariffs, creating uncertainty with fluctuating trade actions. He asserts that tariffs protect U.S. industries and generate revenue, but economists warn that such broad tariffs could have adverse effects.

Key information on the upcoming tariffs includes potential product-specific duties or general averages, possibly reflecting foreign nations’ tax rates. White House trade adviser Peter Navarro indicated that these tariffs might raise $600 billion annually.

Starting Wednesday, Trump intends to impose a 25% tariff on imports from countries that purchase oil or gas from Venezuela, along with new tariffs targeting Venezuela itself. Similarly, a 25% tariff on automobile imports will commence soon.

Trump previously enacted a 10% tariff on Chinese imports, later increasing it to 20%. Canada and Mexico are also subject to these tariffs, facing delays on certain goods until early April.

Further tariffs from Trump are anticipated, while many countries have already implemented retaliatory measures. The forthcoming announcement on April 2 may instigate additional restrictions.

Money

Australia’s inflation hits 3.8%: Budget decisions under pressure

Australia’s inflation hits 3.8%, raising concerns for households; Dr. Enticott discusses implications for everyday Australians and economic planning.

Published

1 hour ago

February 3, 2026

Harvey Vargas

Australia’s inflation hits 3.8%, raising concerns for households; Dr. Enticott discusses implications for everyday Australians and economic planning.

Australia’s inflation has surged to 3.8%, sparking concern for households and businesses. Experts warn that rising prices could threaten financial stability if the government does not act in the upcoming budget.

Dr Steven Enticott from CIA Tax joins Ticker to break down what this inflation spike means for everyday Australians. He also explains why inflation above the Reserve Bank’s target band is particularly significant and how it affects economic planning.

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#AustraliaInflation #EconomicUpdate #Budget2026 #RBA #FinancialNews #BusinessImpact #HouseholdCosts #TickerNews

Money

Wall Street gains momentum amid tech and earnings surge

U.S. stocks rose Monday, driven by Oracle gains, as investors overlooked recent silver and bitcoin losses ahead of earnings week.

Published

4 hours ago

February 3, 2026

Harvey Vargas

U.S. stocks rose Monday, driven by Oracle gains, as investors overlooked recent silver and bitcoin losses ahead of earnings week.

U.S. equities climbed on Monday as Wall Street kicked off a new month of trading. Investors looked past recent losses in silver and bitcoin, with optimism returning to major indices. The S&P 500 rose 0.7%, led by gains in Oracle shares following the company’s announcement to raise up to £50 billion for cloud capacity.

The Dow Jones Industrial Average surged 501 points, while the Nasdaq Composite increased 0.9%. Analysts note that the broader market is showing resilience despite mixed signals from tech and commodities.

More than 100 S&P 500 companies are expected to report earnings this week. Strong growth is predicted, even as some high-profile sell-offs continue to make headlines.

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Money

U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

4 days ago

January 30, 2026

Harvey Vargas

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations

The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

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#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker