Keeping track of the Trump’s on-and-off tariff strategy was hard enough — and now the judicial system is having their turn at the switch.
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The Fed was already walking a tightrope over a bottomless pit of stagflation before waves of tariffs came to rattle the line.
You can’t bounce back without first getting low. And, in April, consumer confidence according to the Conference Board got real low.
Even before the latest jump in mortgage rates, existing home sales slid 0.5% last month, according to the National Association of Realtors.
After the auction, the yield on the 20-year note rose to 5.125%, the highest level since back in November 2023.
Hanging over the proceedings is the countdown to July 8, when the US is poised to slam its allies with “reciprocal” tariffs.
Some investors warn that Moody’s and other agencies have understated the risks posed by the US government’s finances.
Travelers are expected to spend $12.5 billion less on trips to the US this year, while the rest of the world is about to see a tourism boost.
Walmart says price hikes are coming this month and in the summer. You can thank tariffs on imports for them.
US cattle inventories have been battered by drought, leading to record beef prices and a long road to bringing them down.
Japan remains in position to be one of the big winners from President Trump’s trade war, even with a temporary China truce in place.
The US and China shocked the world in announcing a 90 day trade truce, turning weeks of uncertainty into a day of optimism.
Some enterprising Chinese exporters have found ways to get around tariffs amid the standoff between Washington and Beijing.
US Treasurys have long been safe havens during financial market upheaval. President Trump’s sweeping import tariffs made them more volatile.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
A trace of optimism has emerged as US and Chinese representatives will meet in Switzerland over the weekend to talk tariffs.