Bessent Warns White House Against Attempting to Remove Fed Chair Powell
April 17, 2025
Treasury Secretary Scott Bessent has issued strong warnings to White House officials regarding the potential consequences of attempting to remove Federal Reserve Chair Jerome Powell. According to Politico sitting sources close to the White House, ...
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China Appoints New Trade Envoy Amid Escalating US Trade Tensions
April 16, 2025
China has appointed Li Chenggang, a former assistant commerce minister and WTO ambassador, as its new trade envoy, succeeding veteran negotiator Vice Commerce Minister Wang Shouwen. This shift comes at a critical time as officials ...
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US Economy Faces Billions in Losses from Declining Foreign Tourism and Product Boycotts
April 16, 2025
The US economy is poised to suffer significant revenue losses in 2025 due to a decline in foreign tourism and increasing boycotts of American products, raising concerns about the risk of recession. Recent data from ...
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