The phone calls from American buyers haven’t stopped. Neither have the shipments. For many Singapore-based companies with exposure to the United States, the Trump administration’s 10% baseline tariff — widely feared when it landed in April 2025 — has turned out to be, as more than one founder has privately put it, something they can…
On a frigid January morning in Cincinnati, Sarah Chen stands in the aisles of her family’s small electronics shop, calculator in hand, recalculating profit margins for the third time this quarter. The wholesale price of the Chinese-made tablets that once flew off her shelves has jumped 34% since spring 2025. “I either absorb the hit…
President Donald Trump announced Friday morning that he is nominating Kevin Warsh to succeed Jerome Powell as Federal Reserve Chair CNBC, bringing to a close a five-month search process that has been as much political theater as personnel decision. The choice represents a superficially conventional selection—Warsh is a former Fed governor with crisis-era credentials—yet it…
One year into his second term, President Donald Trump faces a paradox that threatens to upend Republican midterm prospects: his signature economic policy has become his most significant political liability. Despite an unemployment rate hovering near historic lows, Trump’s overall approval rating has plummeted to 39% according to recent polling, with 69% of Americans reporting…
A year after the tariff shockwave, the world’s reserve currency is bleeding credibility—and investors are voting with their feet. The dollar is dying, not with a bang, but with a slow, bureaucratic whimper punctuated by presidential Twitter tirades and bond market mutinies. As of late January 2026, the U.S. Dollar Index (DXY) has collapsed more…
On the frigid evening of January 17, 2026, President Donald Trump lobbed what may prove to be the most audacious—and potentially destructive—ultimatum of his second term across the Atlantic. Via his preferred digital megaphone, Truth Social, Trump announced sweeping tariffs targeting eight of America’s closest European allies: Denmark, Norway, Sweden, France, Germany, the United Kingdom,…
What Nine Straight Months of Selling Reveals About the Future of U.S. Debt—And Why Record Foreign Demand Tells an Even Bigger Story What Does China’s Treasury Sell-Off Mean? China has sold U.S. Treasuries for nine consecutive months, reducing holdings to $688.7 billion—the lowest since 2008. Yet paradoxically, total foreign holdings hit $9.24 trillion in October…
One year into President Donald Trump’s second term, the landscape of global trade has undergone a profound transformation. The United States, long the steward of the post-1945 liberal economic order, has pivoted decisively toward a protectionist stance. Tariffs—once deployed selectively—have become a central instrument of economic statecraft, applied broadly to adversaries and allies alike. Average…
