Once sidelined, President Trump’s counselor Peter Navarro has returned to Washington and quickly upended the global trading system.
Category: United States Economy
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The Trump Billionaires Who Run the Economy and the Things They Say
“You have to laugh to keep from crying,” one Republican pollster said about recent comments by the billionaires on the stock market, retirement funds and Social Security.
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Gen Z Re-Evaluates Their Budgets as a Global Trade War Rages
Some young adults with disposable incomes for the first time in their lives are trying to make sense of how tariffs are affecting how they should save and spend.
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Trump’s Attack of Powell Tempered by Risk of Market Panic
President Trump again attacked the chair of the Federal Reserve this week, but advisers say the president has turned more cautious on policies that could stoke extreme financial volatility again.
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Trump Shifted on Tariffs After Bond Holders Got Jittery. He Held Millions Himself.
As of August, the president’s investment portfolio showed significantly more in bonds than in stocks. It is unclear if his personal holdings had any bearing on his decisions regarding tariffs.
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Why the Bond Market Holds Sway Over Trump
The bond market has emerged as one of the few brakes on the White House at it pursues its agenda on trade, taxes, personnel and more.
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Nvidia and Other Chip Giants Are Caught in Trade War Crossfire
Nvidia and others are the latest casualties of escalating tensions between Washington and Beijing, as analysts press business leaders about the tariffs fallout.
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Trump’s 10% Tariff May Be Less Onerous but Still Raises Prices and Threatens Trade
The blanket tariffs, once considered extreme, still threaten to harm world trade and make everything more expensive for businesses and consumers.
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Trump’s Tariff Threat for Drug imports Poses Big Political Risks
Levies on Americans’ daily prescriptions and other medicines could raise costs, spur rationing and lead to shortages of critical drugs.
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Trump and DOGE Are Planning Deregulation at a Massive Scale
The White House will soon move to rapidly repeal or freeze rules that affect health, food, workplace safety, transportation and more.
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US Dollar Keeps Falling as Trump’s Tariffs Rattle Investors
President Trump’s tariff blitz has rattled investors and shaken their faith in one of the most reliable and ubiquitous assets in the world economy.
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Good Luck Getting Goldman Sachs to Even Say the Word ‘Tariff’
Wall Street’s top firms have been reluctant to criticize President Trump’s trade policy, but Goldman took it to a new level on Monday.