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Trump Says He Settled on ‘Liberation Day’ Tariff Plan
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President Trump has settled on a final plan for sweeping “reciprocal” tariffs, which are expected to take effect on Wednesday after he announces the details at an afternoon Rose Garden ceremony.
From The New York Times
Goldman Sachs has raised its internal probability metrics to reflect a growing possibility for a recession: The Wall Street bank warned clients Sunday night that it now sees a 35% chance of a recessi...
From New York Magazine
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Gold prices held firm on Wednesday after jumping to an all-time high in the previous session, as investors hunkered down and awaited details of U.S. President Donald Trump's tariff plans. Spot gold rose 0.
U.S. President Donald Trump's new tariff plan has the ocean shipping industry on edge as he stokes a trade war destined to stanch transport demand and send companies scrambling to manage the fallout.
Ahead of Trump’s 4 p.m. Rose Garden event marking his next round of tariffs, the GOP dissent on the Hill represents a significant political rift in the party about the sweeping economic consequences of his sometimes-unpredictable trade policies.
Anxieties about an artificial intelligence bubble on Wall Street are as old as ChatGPT itself. (Which is to say, those anxieties are firmly in their toddler years.) Is AI the new tulip mania/dot-com boom/collateralized debt obligation? Or is all the hype about the hype itself … overhyped ?
US stock futures rose as Wall Street braced for President Trump's announcement of new tariffs that stand to remake the global trade order.
President Donald Trump on Wednesday is set to announce the most expansive US trade restrictions in a century, at a stroke upending the postwar global trading system and posing difficult-to-predict economic risks.
China’s top diplomat called on the US to remove tariffs it imposed on Chinese goods for Beijing’s alleged role in America’s fentanyl crisis before holding any talks on the matter, deepening a stalemate weighing on trade ties between the world’s two largest economies.
Trump has cited countless justifications for imposing tariffs, which are import taxes. The importer pays the tariff, and most often passes costs from it onto consumers, which is why you’re hearing that a lot of cars, for instance, are about to get more expensive.
Investors are concerned about President Trump's plans to roll out new tariffs on April 2, which economists say could reignite inflation.
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