Latest in Trillions Economists
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Trump says his tariffs could bring in trillions. Economists disagree.
Experts estimate far lower figures in tariffs revenue, warning that President Trump's tariffs could drive up prices for American consumers.CBS News - 1d -
Trump says his tariffs could bring in trillions. Economists disagree.
Experts estimate far lower figures in tariffs revenue, warning that President Trump's tariffs could drive up prices for American consumers.CBS News - 1d -
Navarro says Trump’s tariffs will raise $6 trillion over a decade
Peter Navarro, a senior trade adviser to President Trump, said the president’s tariff plan will raise more than $6 trillion in federal revenue over the next decade. Navarro joined “Fox News ...The Hill - 3d -
GOP tax proposals could add $9 trillion to nation’s deficits: Analysis
A menu of tax cut proposals made by President Trump and Republicans could add north of $9 trillion to the nation’s deficits over the next decade without offsets, a recent analysis from the Peter G. ...The Hill - 2d -
As Trump readies reciprocal tariffs, economists say 'value-added taxes' aren't a trade barrier
"Value-added taxes" are a common type of consumption tax used worldwide. They don't create a trade disadvantage for the U.S., economists said.CNBC - 3d -
Trump's new tariffs construct a $1 trillion trade wall around the U.S. economy
President Trump's tariffs will equate to a nearly $1 trillion trade wall around the U.S., with huge impacts on every sector and every state in the U.S. economy.CNBC - 13h -
Trump baffles economists with tariff formula
Calculation deeply flawed economically and will fail in stated aim of ‘driving bilateral trade deficits to zero’, say analystsFinancial Times - 1d -
Tariffs will likely raise much less money than White House projects, economists say
White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that's nearly impossible.CNBC - 1d -
Senate Republicans release budget blueprint with new tax cuts and a $5 trillion debt limit hike
Senate Republicans released a new budget blueprint Wednesday that would pave the way for $1.5 trillion in new tax cuts in addition to making President Donald Trump’s 2017 tax cuts permanent.NBC News - 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 - 22h -
Researchers warn of ‘catastrophic overtraining’ in LLMs
The researchers compared two versions of OLMo-1b: one pre-trained on 2.3 trillion tokens and another on 3 trillion tokens.VentureBeat - 6d -
Trump's highest tariff will kill tiny African kingdom of Lesotho, economist says
A 50% reciprocal trade tariff on Lesotho, the highest levy on U.S.NBC News - 17h -
How Trump’s tariffs will hit the UK economy
Exporters from cars to whisky hit, while economists warn of growth impactFinancial Times - 18h -
How Trump’s tariffs will hit the UK economy
Exporters from cars to whisky hit, while economists warn of growth impactFinancial Times - 18h -
Building bridges: How Congress can shift town halls from conflict to collaboration
Rep. Gus Bilirakis held town hall meetings in Florida where constituents engaged in bipartisan discussions about trade-offs and priorities to reduce projected deficits by $1 trillion to $6 trillion ...The Hill - 1d -
Higher inflation, shaky markets: What to expect from Trump's tariff policies, according to economists
Trump's tariffs are likely to roil the economy, experts say. But they shouldn't derail your long-term plans.CNBC - 12h -
BlackRock CEO Larry Fink sees a $68 trillion market by 2040 in a key new area for the firm
The executive touted infrastructure investing as having "an opportunity so vast it's almost hard to grasp."CNBC - 3d -
Norway urged to scrap ban on $1.8 trillion wealth fund investing in weapons makers
The debate over how Norway's wealth fund should respond to the security landscape comes at a time of higher defense spending and soaring industry profits.CNBC - 2d -
Magnificent 7 relinquishes more than $1 trillion as tech drives stock market nosedive
Last year's high-flyers helped lead the broad market lower.CNBC - 14h -
The Papers: 'Tariff turmoil' and 'bland American cheese'
Most the papers lead on the fallout from Trump's announcement of a raft of tariffs that has wiped trillions from global markets.BBC News - 6h -
AI could affect 40% of jobs and widen inequality between nations, UN warns
Artificial intelligence is projected to reach $4.8 trillion in market value by 2033, but the technology's benefits remain highly concentrated, UNCTAD says.CNBC - 4h -
Actively managed ETFs hit $1 trillion milestone: Why tariff uncertainty may spark more growth
The actively managed ETF industry is now roughly the market cap of Berkshire Hathaway — and one expert thinks trade risks could boost interest even higher.CNBC - 40m -
With Car Tariffs, Trump Puts His Unorthodox Trade Theory to the Test
With sweeping auto levies, the president is putting his beliefs about tariffs into practice on the global economy. Economists aren’t optimistic.The New York Times - 4d -
First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey
The Rapid Update, averaging forecasts from 14 economists for GDP and inflation, sees first quarter growth registering an anemic 0.3%.CNBC - 4d -
Australia central bank highlights global risks as it keeps rates steady at 4.1%
The move was also in line with expectations from economists, and comes as Australia's government is in caretaker mode.CNBC - 3d -
UK house prices stall in March as stamp duty holiday ends
Nationwide data shows no growth from February, missing economists’ forecasts of a 0.2% riseFinancial Times - 3d -
What are tariffs and why is Trump using them?
Tariffs are a key part of Trump's political vision, but economists fear they could spark a trade war.BBC News - 1d -
Trump's tariffs are expected to raise consumer prices, but a key question remains: By how much?
As the U.S. president weighs increasing tariffs on imports, economists find that prices across many categories could rise as a result.CNBC - 1d -
Will Trump’s ‘liberation day’ tariffs drag US into recession?
President’s move to rip up global trade rule book will hit an economy already losing momentum, say economistsFinancial Times - 1d -
Trump’s Tariffs Follow Anger Over Trade Imbalances and Lost Manufacturing Jobs
Economists and legal experts question how the strongest economy in the world can be facing a national emergency over the trade deficit.The New York Times - 13h -
Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.The New York Times - 2h -
El-Erian says U.S. recession risks are now 'uncomfortably high'
"If the U.S. slows down, the rest of the world will slow down more," the veteran economist warned.CNBC - 3h -
Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.The New York Times - 36m -
Here's what you need to know ahead of Trump's tariff announcement
President Donald Trump is set to announce a sweeping plan Wednesday to place tariffs on potentially trillions of dollars’ worth of goods imported into the United States.NBC News - 2d -
Trump's tariff threats helped erase stock gains
President Donald Trump will announce tariffs today on potentially trillions of dollars' worth of imports, an action he has called "Liberation Day."NBC News - 1d -
FTSE 100 suffers biggest one-day fall since August as Donald Trump’s sweeping tariffs wipes trillions off global markets – business live
Shares slump on both sides of the Atlantic, and across Asia-Pacific, as US dollar falls to six month low after US President Trump’s ‘liberation day’. Full report: Trump announces sweeping new ...The Guardian - 17h -
Senate Republican on Trump tariffs: 'Let's give it a shot and see what happens'
Sen. Tommy Tuberville (R-Ala.) on Tuesday welcomed President Trump’s tariffs, encouraging others to “give it a shot and see what happens.” “Our country’s going in the wrong direction, $37 trillion ...The Hill - 1d -
5 things to know about Republicans’ new blueprint to pass Trump's agenda
Senate Republicans on Wednesday rolled out a 70-page blueprint to advance President Trump’s tax agenda, along with directions that could pave the way for more than a trillion dollars in cuts to ...The Hill - 1d -
Republicans seen more favorably, more united than Democrats: Poll
Americans hold more favorable views of Republicans than Democrats, even as favorability remains grim across the board, according to the latest Economist/YouGov poll. In the survey, released ...The Hill - 1d