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Automakers Struggle with Tariff Costs as GM Faces $1.1 Billion Hit

SMGN Publishing July 23, 2025

Automakers are experiencing mounting financial pressure due to the volatile nature of U.S. trade policy. General Motors, one of the largest car manufacturers in the United States, revealed that tariffs cost the company an estimated $1.1 billion over a recent three-month period. This significant expense dropped GM’s profit margin from

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Powell Calms Markets as Bonds Rally Amid Fiscal Unrest

SMGN Publishing July 22, 2025

Amid growing political and fiscal uncertainty, the bond market has remained unexpectedly resilient, sending a strong signal to policymakers. In a turbulent week dominated by ongoing U.S.–EU trade negotiations, the beginning of corporate earnings season, and anticipation surrounding the next European Central Bank meeting, investors have largely brushed aside speculation

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

SMGN Publishing 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

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A Historic Week for Cryptocurrencies in the U.S.

SMGN Publishing 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

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US Tariff on Chinese Graphite Disrupts EV Supply Chain

SMGN Publishing 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

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Trump’s Fiscal Deal Eases Markets, Raises Debt Concerns

SMGN Publishing 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

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

SMGN Publishing 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

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

SMGN Publishing 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

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

SMGN Publishing 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

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

SMGN Publishing 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

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Private Credit Risks Rise

Felipe Cardona March 25, 2026

Mounting pressure in private credit markets Investor anxiety around private lending has intensified as funds that specialize in direct corporate loans face growing redemption requests. Some of the largest firms in the sector, including those managing billions of dollars in assets, have introduced limits on withdrawals to prevent sudden liquidity

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LaGuardia Crash Raises Staffing Concerns

Sarah Olivella March 25, 2026

LaGuardia Plane Crash Investigation Highlights Air Traffic Control Staffing Concerns and System Failures After Fatal Runway Collision The investigation into the fatal runway collision at LaGuardia Airport is increasingly focused on systemic challenges within air traffic control operations, particularly staffing procedures and workload distribution during overnight shifts. The crash, which

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FISA 702 Debate Targets Data Privacy Loophole

Sarah Olivella March 25, 2026

FISA Section 702 Reauthorization Sparks Debate Over Data Broker Loophole as Lawmakers Weigh Limits on Warrantless Surveillance A growing political and legal debate in Washington is intensifying ahead of the upcoming reauthorization of Section 702 of the Foreign Intelligence Surveillance Act (FISA), a key surveillance authority set to expire in

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