In a stormy week for American equities, Warren Buffett’s Berkshire Hathaway has emerged resilient, outshining the broader market’s plummet. This resilience underscores a deep-rooted trust in Buffett’s strategy, especially during turbulent times propelled by unpredictable political maneuvers such as President Donald Trump’s aggressive tariff policies. While Berkshire’s Class B shares did fall by 6.2%, this
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In an audacious move that has sent shockwaves through the global markets, President Donald Trump’s latest tariff strategy has spiraled from a precarious gamble to absolute chaos. The expectation that the tariffs could pose a manageable threat to the economy has dissolved into the harsh reality of unbridled economic repercussions. Initially considered a mere hiccup,
The landscape of global trade is convoluted, characterized by a constant tug-of-war between major economies. The initiation of enhanced tariffs by the U.S. against China marks a pivotal moment in this saga, evoking a multifaceted response from Beijing. Analysts nestled within Greater China provide compelling insights into how China plans to navigate this turbulent chapter
The recent announcement by China’s Ministry of Commerce regarding its response to the U.S. tariffs can only be described as a critical, yet expected reaction in the convoluted world of international trade. What President Trump has labeled as “reciprocal tariffs” is, in reality, a manifestation of economic bullheadedness that is unraveling the very fabric of
The recent announcement from President Trump regarding sweeping tariffs has sent shockwaves through the U.S. stock market, a move that may well be classified as incompetent governance. With tariffs starting at no less than 10%, the potential for a global trade war looms ominously. For a country that is already dealing with the repercussions of
The recent decision by the U.S. government to impose a staggering 25% tariff on automobile imports has ignited a firestorm of anxiety among Asian automakers, threatening to upend their fragile ecosystems. President Trump’s sweeping tariffs, aimed directly at vehicles “not made in the U.S.,” have sent stock prices tumbling, particularly for major players like Toyota
In an unexpected twist in the tech landscape, Huawei has reported a remarkable 22.4% year-on-year increase in its 2024 revenue, amounting to a staggering 862.1 billion yuan (approximately $118.2 billion). This announcement, spotlighted by recent analyses from CNBC, indicates that Huawei is on the cusp of regaining its financial footing, just shy of its all-time
Recently, South Korea, China, and Japan convened their first economic dialogue in five years, an event that aimed to address the increasingly precarious state of regional trade amidst the unfolding consequences of U.S. tariffs. While the ambition behind the summit is commendable, one can’t help but view the meeting as a mere public relations exercise—an
Recent reports reveal that the Trump administration is not content with merely enforcing its controversial anti-diversity, equity, and inclusion (DEI) policies within the United States; it has now embarked on a mission to impose these ideals on European companies as well. By sending letters to firms in France and elsewhere in the European Union that
With its eyes set on revolutionizing the obesity treatment landscape, Novo Nordisk recently found itself grappling with underwhelming clinical trial results for its highly anticipated drug, CagriSema. The enthusiasm surrounding CagriSema—a combination of the amylin analog cagrilintide and the established GLP-1 medication semaglutide—emphasized the pharmaceutical company’s goal of outshining its competitors, most notably Eli Lilly’s