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U.S. Coffee Prices Surge as Tariffs Hit Brazilian Imports

SMGN July 21, 2025

Inside the D.C.-based Lost Sock Roasters, the usual rich aroma of fresh beans now carries a bitter note—uncertainty. President Trump’s recent announcement of a proposed 50% tariff on Brazilian imports, including coffee, has shaken the U.S. coffee industry. Combined with an existing 10% levy, the move would drastically affect the

A Historic Week for Cryptocurrencies in the U.S.

SMGN July 19, 2025

The United States has long been cautious about cryptocurrencies, viewing them as too dangerous for the average citizen and risky for the financial system. However, that stance has shifted dramatically this week, marking a historic moment for the digital currency sector. In a significant vote in the House of Representatives

US Tariff on Chinese Graphite Disrupts EV Supply Chain

SMGN July 18, 2025

Key Mineral Faces Major Import Duty The U.S. government has enacted a new tariff that targets a core component of electric vehicle battery production. The Department of Commerce confirmed a 93.5% duty on Chinese graphite, accusing exporters of selling the material below fair market value. This sharp increase in import

Trump’s Fiscal Deal Eases Markets, Raises Debt Concerns

SMGN July 17, 2025

Temporary Calm for Markets President Donald Trump’s recently signed “One Big Beautiful Bill,” passed on July 4, brought a wave of short-term relief to Wall Street by extending popular tax cuts and lifting the U.S. debt ceiling by $5 trillion. The legislation, praised by business groups and market analysts, removed

Indonesia and U.S. Conclude Sweeping Tariff Deal After Lengthy Talks

SMGN July 16, 2025

In a significant development in international trade, the United States and Indonesia have finalized a comprehensive tariff agreement, reducing duties on Indonesian exports from the previously imposed 32% to 19%. The deal also opens the door for expanded bilateral trade, including major new Indonesian commitments to purchase American-made goods. The

Electricity Rates Set to Climb Following Changes in Clean Energy Tax Incentives

SMGN July 15, 2025

A Shift in Policy and Its Impacts On July 4, President Trump signed legislation that dismantles longstanding tax incentives for renewable energy initiatives like wind and solar. This change is anticipated to elevate power costs for millions of Americans, particularly in states where renewable energy development lacks state-level support. According

EU Pushes Back Massive Tariffs on U.S. as Trade Talks Loom

SMGN July 14, 2025

EU Extends Suspension, Eyes Negotiation Clock European Commission President Ursula von der Leyen confirmed on Sunday that the EU will postpone its planned retaliatory tariffs against U.S. exports—initially scheduled for Tuesday—until early August. The penalties, sized at €21 billion, were first suspended in March following initial U.S. tariffs on steel and

Trump’s Asia Tariff Push Sends Shockwaves Through Global Supply Chains

SMGN July 11, 2025

Japan, South Korea, and Others Brace for Economic Fallout from New U.S. Duties A sweeping tariff escalation by the U.S. has placed many of Asia’s key trading partners on alert, raising uncertainty over long-standing trade arrangements and economic alliances. Among those most affected is Japan, whose Prime Minister Shigeru Ishiba

U.S. Commits to Strengthen Rare Earth Independence with Major Stake in California Mine

SMGN July 10, 2025

The U.S. government is taking a significant step to reshape the global supply chain of critical minerals by becoming the largest shareholder in the only active rare earths mine in the country. This move underscores a renewed strategy aimed at reducing American reliance on foreign sources, particularly China, for elements

Tracking Trump’s Latest Tariff Moves: What’s Enforced, What’s Postponed, and What Comes Next

SMGN July 9, 2025

As new tariff deadlines approach, ambiguity surrounds the future of U.S. trade policy. President Donald Trump’s ongoing tariff strategy remains fluid, with some measures already enacted, others postponed, and additional rounds under consideration. While some countries still face steep import taxes, others are negotiating exemptions or adjusting trade terms to

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Kendrick Lamar Tops 2026 Grammy Nominations with Nine Nods

SMGN November 7, 2025

The Los Angeles rapper leads the field with his album “GNX” and hit single featuring SZA Kendrick Lamar’s dominance in the music industry shows no sign of slowing. The Los Angeles rapper received nine nominations for the 2026 Grammy Awards, marking another milestone in his celebrated career. His name appears

Trump Renominates Jared Isaacman as NASA Administrator

SMGN November 7, 2025

The White House reinstates nomination after previous withdrawal President Donald Trump has once again nominated tech entrepreneur and astronaut Jared Isaacman to serve as NASA administrator, months after initially withdrawing his name over concerns related to political affiliations. The earlier withdrawal, announced in May, followed what Trump described as a

ADL Explains Its Monitoring Initiative on New York Mayor-Elect Zohran Mamdani

SMGN November 7, 2025

New project aims to observe policies affecting Jewish community safety The Anti-Defamation League (ADL) has announced the creation of a special initiative to monitor the policies and appointments of New York City’s mayor-elect, Zohran Mamdani. The organization, which focuses on combating antisemitism, stated that the program seeks to “track actions

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