Jerome Powell, Fed and tariffs
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CNN |
Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday. “We face a highly uncertain out...
The Financial Times |
“The increased risks to both inflation and employment put the Fed in an even greater bind going forward,” said Krishna Guha, vice-chair at Evercore ISI.
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Trump, tariffs
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Politico |
At issue is a nearly-50-year-old law, the International Emergency Economic Powers Act, that Trump is citing to impose tariffs.
USA Today |
Reciprocal tariffs are calculated to balance bilateral trade deficits between the U.S. and each of its trading partners.
The New York Times |
Some European leaders vowed to retaliate after Trump slapped a 20 percent tariff on the E.U. “If you take on one of us, you take on all of us,” Ursula von der Leyen, the European Commission president...
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Trump, Eu
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CNN |
China said it will impose reciprocal 34% tariffs on all imports from the United States starting April 10, in retaliation to President Donald Trump’s trade war.
Reuters |
Experts say it will take years to rekindle U.S. manufacturing, alter supply chains and bring home production, the goals Republican Trump and his supporters suggest his tariffs will achieve.
Reuters |
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war woul...
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Elon Musk, Donald Trump and Key Advantage
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U.S. News & World Report |
Sweeping new tariffs announced Wednesday by U.S. President Donald Trump provoked dismay, threats of countermeasures and calls for further negotiations to make trade rules fairer.
U.S. News & World Report |
President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what other assess as trade penalties on American goods.
Fox News |
Disney paused its 'Tangled' remake after 'Snow White' failed at the box office.
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And ahead of this weekend’s “Meet the Press,” Kristen Welker goes through the three key questions Trump and his administration face on the tariffs. Plus, we answer a reader question about Elon Musk’s role in government.
Mr. Trump insists that these actions are his way of standing up for farmers and ranchers. Other nations such as Japan, China and India have charged higher tariffs than the U.S. for importing American farm goods.
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Markets are facing their worst crisis since the COVID crash after China matched President Donald Trump’s big raise in tariffs following the president's "liberation day" announcement.
Tump said in a post that his administration has been working ‘very hard on a deal to SAVE TIKTOK,’ and has made ‘tremendous progress.’
President Donald Trump on Friday is expected to extend the deadline for TikTok to find a U.S. buyer or face a ban, according to a person familiar with the plans.
32mon MSN
JPMorgan believes the US economy will enter a recession in the back half of 2025 as the impact of President Trump tariffs takes hold in the economy. The firm's chief US economist Michael Feroli sees a two quarter recession occurring in the back half of 2025 as GDP contracts by 1% in the third quarter of the year and by 0.
Consumers are likely to bear the brunt of President Donald Trump’s new tariffs, say economic experts—and healthy eaters who love stocking up on antioxidants and healthy fats at the grocery store may be among those to feel the effects hard.
After China announced new retaliatory measures against the United States, President Trump responded that Beijing “PLAYED IT WRONG.”
Bitcoin rose on Friday as U.S. stocks recorded the biggest two-day wipeout in history, showing signs of a potential divergence between the crypto asset and stocks, which have often moved in tandem.
The president said that the tariffs are designed to bring manufacturing and business investment back into the country while raising revenue for the federal government.To quantify the magnitude of these changes,