Tag: Tariffs and trade
A $100 billion mystery is unfolding on tariffs and inflation and economists are cracking the case
Since the first weeks of President Donald Trump’s second term, when the president signaled a wholesale reimagining of the international trade system on a...
The TACO trade is backfiring on Wall Street as Trump seizes on stock market highs to charge ahead with tariffs
Wall Street thought it had President Donald Trump all figured out on his trade war, but the past week has raised concerns that investors...
Trump’s law of the jungle means U.S. trade deals aren’t worth the paper they’re printed on, trade expert warns
When President Trump threatened Brazil with punishing tariffs on Wednesday, there was no fancy mathematical equation trotted out this time as justification.
The 50% levy...
Wall Street sees 35% Canada tariff as just a negotiation tactic: ‘Tariffs are Trump’s hammer for every nail’
On Thursday, President Donald Trump posted on social media that Canada would be subjected to an additional 35% tariff rate on products not already...
Americans are eyeing up €1 homes in Europe to escape the broken economy—no Visa needed, but it’s not all dolce vita
Americans are packing their things and leaving the U.S. in droves. Those looking to escape may be able to snag a villa in Sicily...
In Trumpworld, the stock markets say that tomorrow never comes
Global markets slipped this morning on the news that President Trump wants a 35% tariff on Canada. And if he puts a 200% tariff...
Rubio meets China’s foreign minister in Malaysia
U.S. Secretary of State Marco Rubio wrapped up his second and final day at a Southeast Asian security conference in a high-stakes meeting with...
Jamie Dimon gets real with Europe about shrinking to just 65% of American GDP over 10-15 years: ‘That’s not good’
JPMorgan Chase CEO Jamie Dimon delivered a stark assessment of Europe’s economic prospects at an event in Dublin hosted by Ireland’s foreign ministry, warning...
Trump’s copper tariff is ushering in a Golden Age of scrap metal
President Trump’s 50% tariffs on copper, due to start August 1, are causing unusual distortions in the metal markets. Copper is now 25% more...
Trump slaps Brazil with 50% tariff, explicitly tying action to trial of ally Jair Bolsonaro
President Donald Trump singled out Brazil for import taxes of 50% on Wednesday for its treatment of its former president, Jair Bolsonaro, showing that personal...