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Trump Declares National Emergency as U.S. Tightens Stance on Cuba

President Donald Trump on Thursday signed an executive order declaring a national emergency in respect with Cuba. President Donald Trump has declared a national emergency related to Cuba, marking a sharp escalation in Washington’s approach toward the island nation. The declaration frames Cuba’s government as a significant threat to U.S. national security and foreign policy interests, opening the door for new economic and diplomatic measures. A key component of the order allows the United States to impose tariffs on any country that supplies oil to Cuba. The move is designed to pressure foreign governments and companies that help sustain the island’s energy sector, which has long relied on external support. The administration argues that Cuba’s close ties with adversarial governments and its alleged involvement in activities that undermine regional stability justify the emergency action. The decision signals a renewed effort to isolate Havana and reshape the geopolitical dynamics of ...
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Fed Shockwaves Send Markets Lower as Metals Tumble

 

U.S. stocks finished a volatile week in the red as the Dow, S&P 500, and Nasdaq all slipped on Friday, reflecting renewed anxiety across financial markets. The downturn followed President Trump’s decision to tap former Federal Reserve governor Kevin Warsh as his preferred choice to lead the central bank — a move that immediately stirred debate about the future path of interest rates.

Warsh has historically leaned hawkish, though he has more recently echoed Trump’s calls for rate cuts. That mixed record left investors uncertain about how aggressively the Fed might act under his leadership, especially at a time when inflation pressures and uneven economic data continue to shape the outlook. The dollar strengthened on expectations of a more assertive Fed stance, adding further weight to commodities.

Metals saw some of the sharpest fallout. Gold, which had surged earlier in the month, dropped sharply and broke below a key psychological threshold. Silver also suffered a steep decline, falling roughly a quarter in one session — one of its most dramatic pullbacks in years.

Despite Friday’s slump, the broader month wasn’t uniformly negative. The S&P 500 managed to eke out a small weekly gain, even as tech weakness dragged on the Nasdaq and the Dow logged its third straight losing week. As February approaches, investors are turning their attention to earnings, economic releases, and the potential policy shifts that could accompany a Warsh-led Federal Reserve.













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