Trump's visit could reshape US-China relations, impacting global trade dynamics and geopolitical strategies amid existing tensions.
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The post Inflation Surge to 3.8% Complicate Warsh’s Expected Fed Takeover appeared on BitcoinEthereumNews.com.
Rising CPI at 3.8% limits Fed easing options as inflation expectations rise. Kevin Warsh faces pressure between Trump’s rate-cut push and markets demanding tight policy. Bitcoin gains traction as Fed uncertainty boosts demand for decentralized assets. Kevin Warsh appears set to become the next leader of the U.S. Federal Reserve during one of the most difficult inflation periods in years. Fresh consumer inflation data now threatens to trap the incoming chair between political pressure from President Donald Trump and financial markets demanding tighter policy. The latest Consumer Price Index report showed inflation accelerating sharply. Headline CPI climbed to 3.8%, marking its highest reading in three years. Meanwhile, Core CPI rose to 2.8%, its highest level in eight months. Consequently, investors immediately reduced expectations for interest rate cuts during 2026. Markets no
The post WTI Crude Oil rallies (again) as Trump rejects Iran peace proposal appeared on BitcoinEthereumNews.com.
Wednesday’s EIA inventory data will test how tight US crude supply has become amid the prolonged Hormuz closure. WTI Crude Oil climbed about 3.3% on Tuesday, extending a multi-day rally that pushed price toward the $100 round figure in spot markets. The session printed a steady stepwise advance through European and US trade, marking a high close to $99.40 before consolidating around $98.70 just below the triple-digit level. The Tuesday rally followed President Trump’s rejection of Tehran’s latest peace proposal, which he dismissed as ‘garbage’ while warning the existing ceasefire was on ‘life support.’ Reports suggested Trump is preparing to meet with his national security team to consider renewed military action and to discuss escorting commercial vessels through the Strait of Hormuz, further reducing the likelihood of a near-term reopening. Saudi Aramco CEO Amin Nasser war
The post US government previews Trump’s trip to China with CEOs from key industries appeared on BitcoinEthereumNews.com.
President Donald Trump is heading to Beijing on May 14 with a corporate entourage that reads like a Fortune 500 all-star roster. Sixteen CEOs from American industry’s biggest names will accompany him for a two-day summit aimed at hammering out trade agreements across aerospace, energy, and agriculture. It’s the first time a sitting US president has visited China since 2017. Who’s on the plane The delegation features some of the most recognizable names in American business. Elon Musk, Tim Cook, Larry Fink, and leaders from Boeing, Citi, Goldman Sachs, and Qualcomm are all confirmed to be part of the traveling party. The summit’s agenda reportedly spans trade deals, AI cooperation frameworks, rare earth mineral access, and thornier geopolitical topics including the Iran war and Taiwan. The administration has signaled its intent to establish what it’s calling a “board o
The sanctions could strain US-China relations, impacting global trade dynamics and intensifying geopolitical tensions over Iran's oil exports.
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The post Trump says Iran ceasefire is on ‘massive life support’ appeared on BitcoinEthereumNews.com.
The ceasefire between the US and Iran, barely five weeks old, is already on the verge of collapse. President Trump declared the truce is on “massive life support” after rejecting Iran’s counterproposal to a US peace framework, calling the document “a piece of garbage.” What happened The ceasefire was established on April 7, 2026, following a period of military escalation between Washington and Tehran. Iran’s counterproposal to the US peace strategy omitted what Washington considers the non-negotiable centerpiece: the extraction of highly enriched uranium from Iranian territory. Instead, Tehran added demands for war reparations, the resumption of oil sales, and assurances against nuclear armament. Trump was not impressed. “Iran cannot have a nuclear weapon,” he said, adding that Iran has “been defeated militarily.” Iran, predictably, does not share that assessment. Ebrahim Rezaei, an Ira
Rising US-China tensions over Taiwan could disrupt global semiconductor supply, impacting crypto mining and broader tech industries.
The post Trump to discuss US arms sales to Taiwan with Xi Jinping this week, raising crypto supply chain concerns appeared first on Crypto Briefing.
Increased advocacy for military escalation in Iran could lead to broader regional instability and heightened global geopolitical tensions.
The post Neocons urge Trump to consider high-casualty ground operation in Iran appeared first on Crypto Briefing.
