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2025-02-02 06:00:06

NEWSTACHE on Nostr: 1. Trump Tariffs: President Donald Trump announced tariffs on Mexico, Canada, and ...

1. Trump Tariffs: President Donald Trump announced tariffs on Mexico, Canada, and China. The tariffs, which range from 5% to 25%, are intended to address trade imbalances and protect American industries. The announcement has sparked concerns about potential retaliation and the impact on global trade. (https://www.cnbc.com/2025/02/01/tariffs-trump-mexico-canada-china-imports-white-house.html)

2. Stock Market Volatility: The stock market experienced significant volatility throughout the week, with major indices fluctuating due to various factors including Trump's tariff announcements, inflation data, and company earnings reports. (https://www.barrons.com/livecoverage/stock-market-today-013125/card/the-latest-tariff-threats-woke-up-the-market-s-fear-gauge-a3WSVvDlxZdhxHSbclIH?siteid=yhoof2&yptr=yahoo)

3. DeepSeek AI: DeepSeek, a Chinese AI company, has been making headlines due to its potential impact on the stock market and global AI competition. The company's rise has led some advisors to consider diversifying their portfolios. (https://finance.yahoo.com/news/advisors-look-diversify-deepseeks-rise-221754493.html)

4. Bitcoin Price Fall: Bitcoin's price dropped below $100,000 following Trump's tariff announcements. The cryptocurrency has been sensitive to geopolitical events and economic indicators. (https://cointelegraph.com/news/bitcoin-price-100k-fall-donald-trump-imposes-import-tariffs)

5. Costco Strike: Workers at Costco are considering a strike over wages and working conditions. The potential strike could impact the company's operations and financial performance. (https://www.barrons.com/articles/costco-stock-price-workers-strike-cd16c6c4?siteid=yhoof2&yptr=yahoo)
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