Latest in Strangling Economy
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Jeffries hammers Trump: It’s ‘recession day,’ not ‘liberation day’
House Minority Leader Hakeem Jeffries (D-N.Y.) on Wednesday hammered President Trump and congressional Republicans with accusations that they’re tanking the economy in the name of boosting it. The ...The Hill - 2d -
Trump Unveils Expansive Global Tariffs
The president said the charges, at least 10 percent on nearly all trading partners, would restore fairness, but experts warned they could destabilize the world’s economy.The New York Times - 2d -
Japan Lacks a ‘Viable Option’ for Retaliating to Trump’s Tariffs
Japan has refrained from talk of striking back at U.S. tariffs. Trade experts say that is because its inflation-strained economy limits its options.The New York Times - 1d -
Trump’s high-risk, high-reward Liberation Day tariffs
Are President Trump's Liberation Day a masterstroke of economic nationalism or a reckless gamble that could upend international trade laws and the broader economy? The smart money is on Door No.2.The Hill - 1d -
Nvidia positioned to weather Trump tariffs, chip demand 'off the charts,' says Altimeter's Gerstner
Altimeter Capital CEO Brad Gerstner told CNBC that he remains bullish on Nvidia despite President Trump's tariffs and their effect on the broader economy.CNBC - 1d -
The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.
The U.S. economy has largely withstood inflation and high interest rates. But tariffs could bring new price increases and put a damper on hiring.The New York Times - 1d -
The tariffs are bad, but Britain should remember this: Trump will be gone in four years | Simon Jenkins
The UK is among those least hit by the US president’s war on the world economy. Retaliation at this point makes no sense. The tirade was astonishing. On Wednesday afternoon the world watched as the ...The Guardian - 18h -
Dow and S&P 500 continue declines as U.S. markets endure another chaotic day
The major U.S. stock indexes dropped sharply in Friday trading as President Donald Trump's historic tariffs announcement sent shock waves through the global economy.NBC News - 10h -
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
Data about Trump's tariffs suggests the U.S. economy is not ready for a wholesale shift to manufacturing, and that it would take years to ramp up production capabilities.NBC News - 8h -
‘In economic terms, Trump’s tariffs make no sense at all’
President’s move has no historic parallels, but the deep uncertainty for the global economy may prove as destructive as the tariffs. From world leaders, to the tiniest manufacturers thousands of ...The Guardian - 8h -
Morning Report — Wild week ahead: Trump tariffs, elections
In today’s issue: President Trump will shake up global trade again this week, add new pressures to a slowing U.S. economy and pay new attention Tuesday to voters in Wisconsin and Florida, who may ...The Hill - 4d -
Rand Paul: 'Fallacy' to think tariffs will help country
Sen. Rand Paul (R-Ky.) said Wednesday that it is a “fallacy” to think tariffs will help the country's economy as President Trump gears up to impose massive reciprocal tariffs on U.S. trading ...The Hill - 2d -
Trump rolls out sweeping tariffs as he deems deficits a 'national emergency'
Trump made his way back to the White House in no small part because of his promise to better the economy. He's staking a large part of his agenda on broad-based tariffs.ABC News - 2d -
Trump gambles on tariffs as nation braces for economic fallout
President Trump took his biggest gamble yet on the economy Wednesday when he pressed forward with sweeping tariffs on imports from nearly every country in the world. But in fulfilling a key ...The Hill - 1d -
Trump’s ‘idiotic’ and flawed tariff calculations stun economists
‘Willing sycophants’ came up with simplistic formula that has thrown global economy into disarray. US politics live – latest updates Waving a big chart as a prop in the White House Rose ...The Guardian - 1d -
Trump approval slips to lowest point in second term: Survey
President Trump’s approval rating slipped to its lowest point during his second White House term amid his handling of the economy and the recent Houthi Signal chat leak, according to a survey ...The Hill - 1d -
Macron suggests pause on US investment as EU leaders condemn Trump tariffs
Von der Leyen calls tariffs ‘a major blow to world economy’ while calling for last-ditch negotiations. European leaders have condemned Donald Trump’s tariffs as “fundamentally wrong” and creating ...The Guardian - 1d -
Cruz: High tariffs 'in perpetuity' would not be good economic policy
Sen. Ted Cruz (R-Texas) on Thursday warned that if President Trump’s tariffs on trading partners last for months it will hurt the economy and American consumers. “I think it is a mistake to assume ...The Hill - 1d -
US added 228K jobs in March, jobless rate stays flat
The U.S. economy added 228,000 jobs in March and the unemployment rate stayed roughly even at 4.2 percent, according to data released Friday by the Labor Department. The monthly federal jobs report ...The Hill - 11h -
What's the goal of tariffs if it means higher prices in the US?
President Donald Trump says his goal for sweeping reciprocal tariffs is to realign the economy by bringing jobs back to the United States. To do that, he’s making products made overseas more ...NBC News - 12h -
Are Trump’s tariffs for real or an AI hallucination? I’m afraid the answer is both | Marina Hyde
Amid claims that a chatbot helped shape the key calculations, the president is now off playing golf. He’ll find the world economy in a bunker. There’s a scene in the very first episode of ...The Guardian - 11h -
Trump’s tariffs will likely mean ‘higher inflation and slower growth’, says Fed chair
While the US economy remains robust, Jerome Powell cautions there is high uncertainty over its direction. US politics live – latest updates Donald Trump’s global tariffs assault is set to ...The Guardian - 7h -
Trump spares drugmakers from tariffs; costs could still go up
President Trump spared pharmaceuticals from the opening salvo in his campaign to transform the economy through “reciprocal” tariffs; however, the global drug market may still be hit by ...The Hill - 6h