Will Trump’s Dollar Diplomacy Roil Global Trade?
Posted inBrazil BRICS Group China Currency Customs (Tariff) Embargoes and Sanctions internal-storyline-no International Relations International Trade and World Market Presidential Election of 2024 Protectionism (Trade) Russia Trump, Donald J US Dollar (Currency)

Will Trump’s Dollar Diplomacy Roil Global Trade?

The President-elect is demanding the so-called BRICS countries pledge fealty to the greenback, or risk a new wave of tariffs.
Inflation concerns loom as Trumponomics revs up
Posted inFederal Reserve System Inflation (Economics) internal-storyline-no Presidential Election of 2024 Prices (Fares, Fees and Rates) Protectionism (Trade) Trump, Donald J United States Economy United States Politics and Government

Inflation concerns loom as Trumponomics revs up

Investors are bracing for the latest data as the president-elect’s economic agenda of cutting immigration and taxes, while raising tariffs takes shape.
The Markets Cheer Trump’s Treasury Pick, Scott Bessent
Posted inAppointments and Executive Changes Banking and Financial Institutions Bessent, Scott internal-storyline-no Lutnick, Howard W Musk, Elon Powell, Jerome H Presidential Election of 2024 Presidential Transition (US) Regulation and Deregulation of Industry Soros, George Trump, Donald J United States Economy

The Markets Cheer Trump’s Treasury Pick, Scott Bessent

Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic agenda.