|

US President Donald Trump warns the US will cease to be a country if tariffs struck down

US President Donald Trump made an appearance on Tuesday, announcing that the US "Space Force" would be relocating to Huntsville, Alabama, which would now be dubbed "Rocket City".

Russia's 50-day grace period to achieve a ceasefire with Ukraine or face stiff economic penalties has come and gone. President Trump remains silent on the subject of retaliatory sanctions on Russia in the face of Russian President Vladimir Putin once again flouting President Trump's demands, but Trump did note that he was "disappointed" in Putin.

Key highlights

I will appeal the tariff ruling.
I am not concerned about China and Russia ties.
They would never use their military on us.
I'm very disappointed in Putin.
Losing appeal on tariffs would be an economic disaster.
China, India, and Brazil kill us with tariffs.
Stock market goes down because of uncertainty.
US Space Command will move to Alabama from Colorado.
We will work something out with Canada on the Golden Dome.
Drugs and other things are coming from Venezuela.
Regarding Putin, I have learnt things that are interesting.
We're going to send the National Guard to Chicago.
Chicago and Baltimore are hellholes right now.

The US is in serious trouble without tariffs.
Appeals court ruled against our nation on tariffs.
We're going to go to the Supreme Court tomorrow.
We will ask for an expedited ruling.
The stock markets need and want the tariffs.
I would have to give back tariffs if the appeal is denied.
We need a very serious rate cut.
I am thinking about addressing the housing emergency, need a little help from the Fed on that.
On China-Russia-North Korea summit: This is not a challenge.
China needs us more than we need them.
We will see if anything comes out of the Alaska Putin summit.
Judge says can leave 300 marines in LA.

Author

Joshua Gibson

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

More from Joshua Gibson
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD recovers to 1.1750 region as 2025 draws to a close

Following the bearish action seen in the European session on Wednesday, EUR/USD regains its traction and recovery to the 1.1750 region. Nevertheless, the pair's volatility remains low as trading conditions thin out on the last day of the year.

GBP/USD stays weak near 1.3450 on modest USD recovery

GBP/USD remains under modest beairsh pressure and fluctuates at around 1.3450 on Wednesday. The US Dollar finds fresh demand due to the end-of-the-year position adjustments, weighing on the pair amid the pre-New Year trading lull. 

Gold retreats to $4,300 area, looks to post monthly gains

Gold stays on the back foot on the last day of 2025 and trades near $4,300, possibly pressured by profit-taking and position adjustments. Nevertheless, XAU/USD remains on track to post gains for December and extend its winning streak into a fifth consecutive month.

Bitcoin, Ethereum and XRP prepare for a potential New Year rebound

Bitcoin, Ethereum, and Ripple are holding steady on Wednesday after recording minor gains on the previous day. Technically, Bitcoin could extend gains within a triangle pattern while Ethereum and Ripple face critical overhead resistance. 

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).