Trump, Global Trade
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By declaring a trade war on the rest of the world, President Donald Trump has panicked global financial markets, raised the risk of a recession and broken the political and economic alliances that ma...
From The Boston Globe
Higher interest rates for the government could trigger even higher mortgage rates and auto loans for consumers, among other problems.
From U.S. News & World Report
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Trump, Tariff
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Brazil’s Foreign Trade Secretary Tatiana Prazeres said on Thursday that the country will continue negotiations with the U.S. over tariffs, which remain unchanged at 10% for Brazilian imports.
From TIME
The "Magnificent Seven" stocks amassed more than $1.5 trillion in market value on Wednesday after U.S. President Donald Trump paused his sweeping tariffs for 90 days, easing pressure on tech giants t...
From Reuters
The net effect of Trump's move is that many goods from most countries will be subject to a 10% U.S. import tariff for the next 90 days.
From Reuters
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They were, in many cases, Donald Trump ’s most fervent backers: rich Wall Street types, lawyers at corporate firms, business tycoons, and tech engineers who fervently backed the president by raising and donating many millions of dollars for his election, risking the opprobrium of their fellow moneyed elites.
In 1970, more than a quarter of American workers held jobs in the manufacturing sector. Today, it’s only about 8%.
WASHINGTON – President Donald Trump ... hike since World War II, with that cost getting passed along to consumers. “It’s an extraordinary tax increase,” said Douglas Holtz-Eakin, a conservative economist with the American Action Forum and formerly ...
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Mediaite on MSNJP Morgan CEO Jamie Dimon Tells Maria Bartiromo Recession ‘Likely’ as Markets Suffer Trump TariffsJP Morgan CEO Jamie Dimon believes a recession may be "a likely outcome" as markets grapple with the effects of President Donald Trump's tariff policies.
JPMorgan Chase CEO Jamie Dimon sees a series of economic problems, including a recession and defaults, if the markets don’t reverse course following a global selloff caused by President Donald Trump’s tariff policies. The best way to stop stock and bond market declines, in Dimon’s view, is to “make progress” on trade agreements.
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Trump’s tariffs threaten to escalate a trade war. China wants to talk, but it’s ready to fightAs Donald Trump ... announced by Trump last week, were hit especially hard. But for China, America’s closest peer in economic size and its key geopolitical rival, the shape and tenor of their relationship can affect the whole world.
Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), has warned of a looming contraction in global merchandise trade following sweeping tariffs announced by U.S. President Donald Trump.