Forget Trump’s tariffs, the president’s bond market threat is worse | Heather Stewart
Elon Musk’s crazed takeover of America’s financial plumbing risks shattering confidence in US institutions and in turn global financial stability
When Donald Trump gave an in-flight press conference en route to the Super Bowl last week, it generated a flurry of news, from the fresh threat of steel tariffs to the declaration of “Gulf of America Day”.
Much less remarked upon was a throwaway comment about the US’s financial obligations, which underlined the fact that tariffs are far from the only way in which Trump is jeopardising economic stability.
Continue reading...
Read more at The Guardian
Topics
-
How Trump’s Tariff Threats Tore the U.S.-Canada Bond
Patriotic sentiment is bursting in Canada after President Trump’s threat to apply hefty tariffs and even annex the country. The damage to the two nations’ relationship could be lasting.The New York Times - Feb. 10 -
Will the bond market rein in Donald Trump?
Tariffs, trade wars and plans for big tax cuts could all rattle investors in US Treasuries, but it’s a resilient market with few alternativesFinancial Times - 1h -
Asian economies scramble to appease Trump as the U.S. president ratchets up tariff threats
Asian economies are striving to avert Trump tariffs as they have hefty trade surpluses with the U.S. and levy much higher duties on imports from the country.CNBC - Feb. 11 -
The market continues to broaden out as investors ignore tariff and inflation threats
It’s another day with more stocks up than down.NBC News - 5d -
What is Trump trying to gain from tariff threats?
President Trump signed a memo on Thursday setting up reciprocal tariffs against any country that applies higher tariffs on American products. Those potential tariffs could impact countries like ...CBS News - 6d -
Trump Pushes Tariff Threats on Global Scale
With less than a month in office, the president has pursued trade actions that could shatter the global trading system and dwarf the trade measures he took over his entire first term.The New York Times - 5d -
Bessent on Trump reciprocal tariffs threat: 'This is not theater'
Treasury Secretary Scott Bessent defended President Trump’s recent decision to study the proposed reciprocal tariffs instead of immediately enacting them. “As we've learned that with President ...The Hill - 5d -
The bond market just sent a message about Trump’s second term. Stock investors should listen.
Calm in bonds suggests it’s time to pencil in stocks you like — but wait for market-moving headlines from Washington.MarketWatch - Feb. 10
More from The Guardian
-
Trump calls Zelenskyy a dictator amid fears of irreconcilable rift
Remark follows Ukrainian leader’s claim US president living in a Russian ‘disinformation bubble’. The US and Ukraine appeared to be heading towards an irreconcilable rift after Donald Trump ...The Guardian - 5h -
South Korea: Yoon Suk Yeol to become first sitting president to go on criminal trial as hearings begin
Former prosecutor has been in jail since January on charges of insurrection, for which he could be sentenced to life in prison or face the death penalty. Ousted South Korean president Yoon Suk ...The Guardian - 4h -
Trump defense chief orders Pentagon to make cuts as IRS workers face mass layoffs – as it happened
This blog is now closing. You can read our latest story here . As Donald Trump’s administration continues to fire thousands of federal workers and radically slash federal spending, some ...The Guardian - 3h -
Meta and Google opt out of Sydney Mardi Gras amid move away from DEI in US
Former sponsors walk away from 2025 event – while organisers say they do not meet partnership requirements. Follow our Australia news live blog for latest updates Get our breaking news email ...The Guardian - 1h -
Trump signs executive order targeting ‘benefits for illegal aliens’
US president issues order aimed at preventing taxpayer dollars supporting illegal immigration and another designed to get rid of regulations. Donald Trump has signed an executive order aimed at ...The Guardian - 1h
More in World
-
2/19: CBS Evening News
Global implications of Trump's public criticism of Zelenskyy; Historic SS United States makes final voyage before being turned into reefCBS News - 23m -
As Ukraine war reaches 3-year mark, Russia seems to have time on its side
Russian President Vladimir Putin's invasion of Ukraine three years ago has turned into Europe’s largest conflict since World War IIABC News - 42m -
FirstFT: Russian executions of Ukrainian prisoners point to systematic policy
Also in today’s newsletter, Trump calls Zelenskyy a ‘dictator’ and Politico owner praises VanceFinancial Times - 42m -
Trump signs executive order targeting ‘benefits for illegal aliens’
US president issues order aimed at preventing taxpayer dollars supporting illegal immigration and another designed to get rid of regulations. Donald Trump has signed an executive order aimed at ...The Guardian - 1h -
Age discrimination payouts are getting bigger
High value cases of dismissed senior leaders show older workers must be taken seriouslyFinancial Times - 1h