Latest in Trump calls for Fed to cut rates as economic effects of tariffs start to kick in
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How Trump’s Tariffs Affect U.S. Farmers
Retaliatory tariffs are hitting U.S. farmers hard, particularly in states that voted for Trump. Ana Swanson, an Iowa native who covers trade and international economics for The New York Times, ...The New York Times - 6d -
President Trump defends economic policies as EU announces retaliation against U.S. tariffs
The European Union announced retaliatory measures on about $28 billion in U.S. industrial and agricultural goods in response to President Trump's 25% increase in tariffs on steel and aluminum ...CBS News - Mar. 12 -
The U.S. growth outlook was just cut by the OECD on uncertainty and tariffs
The U.S. economic growth outlook — and even more so, Canada’s and Mexico’s — was lowered on Monday by the Organization for Economic Cooperation and Development due to policy uncertainty and the ...MarketWatch - 4d -
Morning Report — Trump stirs economic uncertainty
In today’s issue: President Trump marked 50 days in office Monday confronting a grim report card that raised new doubts about his tariff policy and his theory that chaos improves leadership ...The Hill - Mar. 11 -
How Canadians are reacting to Trump's tariffs
In a country known for its politeness, there is growing outrage in Canada over President Donald Trump’s steel and aluminum tariffs. Social media has erupted with calls to buy Canadian and boycott ...NBC News - Mar. 13 -
Europe, Canada retaliate as Trump tariffs on metals take effect
Ursula von der Leyen, president of the European Commission, said in a statement that the EU "must act to protect consumers and business."ABC News - Mar. 12 -
EU and Canada retaliate after Trump’s metals tariffs take effect
Brussels and Ottawa hit tens of billions of dollars' worth of US imports with leviesFinancial Times - Mar. 12 -
Corporate Gloom Deepens as New Trump Tariffs Take Effect
Businesses need stability and clarity and instead they are getting calamity from Washington.Inc. - Mar. 12 -
Morning Report — Trump, Fed split over tariff outlook and economy
In today’s issue: President Trump and allies revel in assertive decision making that keeps friends and foes off balance, even if resulting uncertainty turns out to be a drag on U.S. growth this ...The Hill - 1d -
'See you in four years': Canada flexes economic muscle as tariff negotiations continue
Trump's plans for tariffs and comments about Canada becoming a state has enraged the country's consumers and politicians.CNBC - 4d -
Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year
The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the last projection of 2.1% in December.CNBC - 1d -
Fed rate cuts could ward off a serious recession, Jim Cramer says
CNBC's Jim Cramer analyzed Wednesday's market action.CNBC - Mar. 12 -
2-year Treasury leads yields lower as Fed sticks with 2025-27 rate-cut forecast
U.S. government debt rallied on Wednesday, sending the policy-sensitive 2-year yield down by the most in more than a week, after Federal Reserve officials stuck with their expectations for ...MarketWatch - 2d -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - Mar. 7 -
Watch live: Trump addresses business leaders amid economic uncertainty
President Trump will give remarks to a room of business leaders Tuesday evening, as concerns around a possible trade war and the impact of tariffs on the U.S. economy mount. Trump's 25 percent ...The Hill - Mar. 11 -
US junk bonds slide as Trump’s tariffs spark economic worries
Premium investors’ demand to hold riskier debt jumps to highest level in six monthsFinancial Times - Mar. 13 -
Kentucky bourbon maker says Trump tariffs immediately impacted his business
President Trump's 25% tariffs on all imported steel and aluminum have taken effect. Victor Yarbrough, CEO of Brough Brothers Distillery, the first African American-owned distillery in Kentucky, ...CBS News - Mar. 12 -
Trump economic team’s effort to calm recession fears falls flat
Calling bad news a temporary phenomenon didn’t work out well for Biden and it won’t for Trump, former Treasury Secretary Larry Summers said.MarketWatch - Mar. 12 -
Mexico hopes to stave off Trump tariffs
Economic and political consequences of the end of free trade could be devastatingFinancial Times - 1d -
Federal Reserve holds interest rates steady: What that means for mortgages, credit cards and more
The Fed is staying on the sidelines, for now, but some consumer loan rates are changing.CNBC - 2d -
Democratic Attorneys General Sue Over Gutting of Education Department
The Trump administration cut about half the agency’s work force, saying the move would enable it to deliver services more effectively. The attorneys general called the layoffs “reckless and illegal.”The New York Times - Mar. 13 -
Stephen Moore: Tariffs 'are not a pick-me-up' for economy
President Trump’s former economic adviser, Stephen Moore, criticized the president’s approach to tariffs, saying the strategy does not provide the boost the already “wobbly” U.S. economy needs. “I ...The Hill - Mar. 10 -
A Tariff Tantrum: the Upheaval from Trump’s Trade Policies
Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.The New York Times - Mar. 7 -
US inflation fell more than expected to 2.8% in February
Figure bolsters case for cental bank to cut interest rates amid signs of slowing economic growthFinancial Times - Mar. 12 -
Inflation worries resurfaced even before Trump ramped up tariffs. Don’t expect angst to go away.
Wall Street was already nervous about a potential rise in inflation because of President Trump’s tariffs — and the last thing investors want to see is another disappointing reading on prices even ...MarketWatch - Mar. 11 -
The Fed Sees Higher Inflation and Lower Growth
Also, Zelensky agreed to a limited cease-fire in a call with Trump. Here’s the latest at the end of Wednesday.The New York Times - 2d -
Russia and Ukraine trade strikes and Fed unlikely to change interest rate: Morning Rundown
Russia and Ukraine trade strikes. Fed's anticipated interest rate decision amid market turmoil. Do judges have too much power? SEC dominates March Madness.NBC News - 2d -
Should you open a home equity loan before the March Fed meeting?
With the Fed set to meet soon to determine interest rate policy, homeowners may be thinking of taking action now.CBS News - Mar. 10 -
Trump finds making peace is easier said than done
Also in today’s newsletter, the Fed’s concerns that tariffs will hit the economy and Jeff Bezos’s pivot to the presidentFinancial Times - 1d -
Most say Trump too erratic in economic moves: Survey
Most Americans think President Trump is too “erratic” in implementing his trade agenda as he slaps tariffs onto the country's top trading partners and they want him to combat high prices, according ...The Hill - Mar. 13 -
Trump doubles down on reciprocal tariffs: ‘April 2 is a liberating day’
President Trump doubled down on reciprocal tariffs, calling their planned April 2 implementation date a “liberating day.” “April 2 is a liberating day for our country,” Trump said to reporters on ...The Hill - 4d -
China's retaliatory tariffs take effect as American farmers, stocks reel
China's retaliatory tariffs on U.S. agricultural goods will affect American farmers. This comes as the stock market continues to show the effects of a growing trade war. CBS News' Anna Coren reports.CBS News - Mar. 10 -
Trump’s Big Bet: Americans Will Tolerate Economic Downturn to Restore Manufacturing
The president offers many reasons for imposing tariffs, including revenue, leverage over competitors and job creation. But history suggests a more complex history.The New York Times - Mar. 13 -
Auto suppliers face more dire circumstances than automakers amid Trump tariffs
DETROIT — President Donald Trump’s proposed tariffs on goods from Mexico and Canada would hit automotive suppliers harder than automakers, but their problems could quickly have ripple effects on ...NBC News - 2d -
Trump vows he's 'not going to bend at all’ on tariffs despite stock market corrections
CNBC Senior Economics Reporter Steve Liesman and NBC News Senior White House Correspondent Kelly O’Donnell join Meet the Press NOW to report on President Trump’s tariff policy and comments in the ...NBC News - Mar. 13 -
Drug policy expert on fentanyl crisis and tariffs
Drug policy expert Sheila Vakharia joins to discuss the Trump administration's tariffs and their connection to fentanyl, the latest CDC data on overdose rates, and what's actually helping in the ...CBS News - Mar. 10 -
Powell says Fed is awaiting 'greater clarity' on Trump policies before making next move on rates
Powell reiterated statements he and his colleagues have made recently counseling patience on monetary policy.CNBC - Mar. 7 -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - Mar. 11 -
One of Wall Street's biggest bulls cuts his S&P 500 outlook, blaming Trump's tariffs
Widely followed strategist Ed Yardeni, one of the biggest bulls on Wall Street, lowered his market forecast, saying President Donald Trump’s tariffs raise the risk of stagflation.NBC News - Mar. 13 -
Trump's tariff theater could actually help fight inflation
The effect of President Trump's frenetic style of governance — at least when it comes to trade — represents a peculiar twist that few economists would have predicted.The Hill - 3d