Trump, Tariff
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The Associated Press |
“Fear is really picking up, especially since we have the retaliatory tariff from China,” he said.
Reuters |
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade wa...
The Financial Times |
If sustained, this trade war would be likely to cause a recession.
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Tariffs? What tariffs? Senate Republicans are rushing to pass tax cuts while odds of an economic recession spike.
As the stock market reeled from President Donald Trump’s move to institute widespread global tariffs, Trump shared a video on Truth Social on Friday that erroneously claimed legendary investor Warren Buffet praised his recent economic policies.
The Texas Senator said he is "not a fan of jacking up taxes on American consumers" and hopes the tariffs are "short-lived."
A Berkshire Hathaway representative told Fortune the statement was directed at Trump’s Truth Social post and in response to social media.
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President Donald Trump just set a “historically unprecedented” new record when it comes to the stock market, said CNN analyst Harry Enten.
Economists told Newsweek it could take years or decades for Americans to know if Trump's tariffs achieved their goals—if they ever do.
In the leadup to President Donald Trump’s “Liberation Day” on Wednesday — when he announced sweeping new tariffs on all the United States’ international trading partners — economists and financial analysts started using a word that will give hives to those of you over the age of 60.
U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth.