The Trump team administering economic shock therapy

Also in today’s newsletter, government spending hit a record high last month

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The team behind Trump’s economic shock therapy

The US president’s officials are standing by their strategy to remake the world’s largest economy
Financial Times - 1d
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 - 1d
Economists thought Trump would try to prevent a recession. That’s now in doubt.

What are President Donald Trump and his team thinking with their recent talk about possible economic pain for the U.S.?
MarketWatch - 2d
Trump’s Embrace of Russia Leaves Europe in Emotional Shock

It remains to be seen how far President Trump’s embrace of Russia and abandonment of traditional allies will go. But “the West” may be gone.
The New York Times - 5d
Why Trump's rapidly changing economic policies are raising stagflation alarms

If there was one thing President Donald Trump was supposed to represent to many voters, it was the prospect of an upturn in their economic fortunes.
NBC News - 1d
Trump continues tariff tumult amid economic uncertainty

President Trump told reporters there could be some economic disturbance amid tweaks to tariffs at the end of a tumultuous week in the markets. NBC News Correspondents Aaron Gilchrist, Brian Cheung ...
NBC News - 5d
The US economic trump card

There is huge scope for householders to tap home equity lines of credit
Financial Times - 3d
Trump’s Policies Have Shaken a Once-Solid Economic Outlook

Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups.
The New York Times - 3d
Latest news on Trump's trade war with Canada, shock in stock markets

President Trump's trade war with Canada is growing after Ontario's premier announced on a tax on electricity bound for the U.S. This comes as the stock markets are reacting negatively to Mr. ...
CBS News - 2d

More in World

Live Updates: Putin Stops Far Short of Agreeing to a Cease-Fire, but Says He Is Open to One

The Russian leader voiced very preliminary support for the 30-day cease-fire proposal from the United States and Ukraine, but said that a number of “questions” remained.
The New York Times - 27m
Tottenham v AZ: Europa League last-16, second leg – live (plus Rangers and Chelsea updates!)

Updates from the second leg (agg 0-1, 8pm kick-off) Also news from Rangers v Fenerbahçe and Chelsea v Copenhagen Get in touch! Email Scott | Live scores Tottenham Hotspur: Vicario, Porro, ...
The Guardian - 27m
Trump says Nato ‘stepping up’ and hopes Russia will do ‘right thing’ after Putin’s ceasefire comments – live

US president meeting Nato secretary-general after Russian president says he is in favour of ceasefire but flags ‘serious issues’ with proposal. Russia wary of proposed ceasefire plan Suspilne, ...
The Guardian - 37m
The Guardian view on Trump and Ukraine: respite is possible, but resolution looks distant | Editorial

Will-they-won’t-they over a ceasefire does not change the underlying dynamics of US retreat from supporting Kyiv . A three-year conflict has taken bewildering, lurching turns in under a fortnight. ...
The Guardian - 43m
In a Europe Adrift, Macron Seizes the Moment

The French president’s prescriptions for “strategic autonomy” and a European force for Ukraine are suddenly timely in a world with a less dependable America.
The New York Times - 44m