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Alden Bentley, Harry Robertson and Ankur Banerjee  |  ReutersTrump doubles tariffs on China; China retaliates with tariffs on US goodsUnited States President Donald Trump doubled the tariff on Chinese imports, bringing that rate to 20%. China retaliated by announcing 15% tariffs on various imports from the US.Fox - SeattleThe dollar fell to a three-month low on Tuesday as concerns about slowing growth and the impact from tariffs on the U.S. economy outweighed any potential boost from new levies on Canada, China and Mexico.President Donald Trump's 25% tariffs on goods from Canada and Mexico took effect Tuesday, along with a doubling of duties on Chinese goods to 20%.In response, China said it will...

WEST PALM BEACH, FLORIDA - NOVEMBER 06: Republican presidential nominee, former U.S. President ... Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Americans cast their ballots today in the presidential race between Republican nominee former President Donald Trump and Vice President Kamala Harris, as well as multiple state elections that will determine the balance of power in Congress. (Photo by Chip Somodevilla/Getty Images)Getty Images Background: A Historical Shift In U.S. Trade Policy U.S....

A Truth Social post on Sunday, where President Donald Trump reiterated plans for a “U.S. Crypto Reserve” and praised several specific coins, is drawing ire in the crypto community.  Featured Video The post gave a bump to a floundering market, but the currencies picked had skeptics convinced the announcement was a ploy to boost the bottom line of people in his administration. Trump claimed he would make the U.S. “the Crypto Capital of the World” and create a “Crypto Strategic Reserve” that included a specific set of currencies: Ripple, Solana, and...

U.S. President Donald Trump announced on March 2 the first five cryptocurrencies that will form a U.S. strategic crypto reserve: Bitcoin, Ethereum, Ripple, Solana, and Cardano. Bitcoin and Ethereum are the two largest cryptocurrencies in the world by market value. By establishing a crypto reserve, the U.S. becomes a direct stakeholder in the digital asset market, gaining leverage over global policy, adoption rates, transaction standards, and institutional investment. Trump posted on Truth Social, “I will make sure the U.S. is the Crypto Capital of the World.” SEE: The 6 Best...

DOGE caucus looks to codify Trump's order to reduce federal workforceDOGE caucus members announced legislation to codify President Donald Trump's executive order to reduce the federal workforce.The Department of Government Efficiency (DOGE) has terminated 13 federal real estate contracts in Mississippi.DOGE claims to be saving taxpayers $3.6 million on the terminated contracts in Mississippi, but previous claims of savings have been inflated.The Department of Government Efficiency has reportedly terminated 13 federal real estate contracts in Mississippi,, including some federal offices according to the department's savings list.Last week, the DOGE Wall...

Bitcoin has been seen as “digital gold”. But Ethereum has been outperforming Bitcoin in one key ... aspect: supply expansion.Photothek via Getty Images President Trump announced yesterday that he had directed his Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, ADA, Bitcoin (BTC), and Ethereum (ETH), adding, “I love Bitcoin and Ethereum!” For years, Bitcoin has been hailed as “digital gold”—a scarce and predictable store of value. But in recent years Ethereum has quietly outperformed Bitcoin in one key aspect: supply expansion. Since...

Bonds the word on wooden cubesgetty Here’s where I see stocks now: Yes, we’ve got some legitimate concerns as some economic warning signs appear—and run up against the tech-driven optimism that’s powered stocks to lofty heights. The result? Volatility. So today we’re going to look at a couple quick moves we can make to both protect ourselves and tap into the bargain income opportunities—including a 10.6%-paying closed-end fund (CEF)—that times like this always turn up. For that, we’re really talking about two things. First up, we’re going to add income...

Share your view by emailing htrnews@htrnews.com or breid@gannett.com.Manitowoc Herald Times ReporterHere are this week’s letters to the editor of the Herald Times Reporter. See our letters policy below for details about how to share your views.Read more in Opinion: Click here for the latest Opinion headlinesWe’re not achieving our federal objectivesWeeks into the Trump/Vance term, presidential election signs are still widely displayed.Obvious federal objectives include a strong national economy, education, consistent laws with fair enforcement, an efficient military and domestic operations, and friendships with other countries.We are not achieving these goals...