recession, Wall Street and tariff
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CNN |
The catalyst now is the shock from President Donald Trump’s trade war, which is set to intensify this week.
CNN |
Trump said this weekend he’s “pissed off” with Russian President Vladimir Putin and warned that failure to reach a deal to stop the Ukraine war could result in secondary tariffs.
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UK expecting to be hit by Trump’s tariffs this week – No 10
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Investopedia |
U.S. consumers are showing signs of preparing to cut back on spending as they brace to absorb price increases from President Donald Trump's tariff campaign.
Reuters |
U.S. President Donald Trump said on Sunday that reciprocal tariffs he is set to announce this week will include all nations, not just a smaller group of 10 to 15 countries with the biggest trade imba...
Reuters |
Britain expects to be hit by U.S. President Donald Trump's plans to impose global tariffs this week and the government has been preparing for all eventualities, Prime Minister Keir Starmer's spokesma...
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Trump, Tariffs
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New York Magazine |
Donald Trump has made tariffs a staple of his second term, levying a flurry of taxes on foes and neighbors alike as an extension of his “America First” mantra.
The New York Times |
President Trump is set to announce on Wednesday global tariffs that he says will combat unfair trade treatment by other countries and make sure American exporters remain competitive.
Reuters |
"In Michigan, where one in five jobs is automotive-related, the pain felt by working-class citizens will be profound."
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Donald Trump, US Stocks and next tariff
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News - University of California, Riverside |
President Donald Trump's implementations and threats of tariffs have created stock market instability, driving talk of a possible recession. We asked Jana Grittersová, a UCR economist and associate pr...
The Financial Times |
Some investors warn of more persistent inflation and a hit to growth in the US and beyond if he does.
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U.S. President Donald Trump's push for sweeping tariffs is creating great uncertainty and denting confidence but is not likely to trigger a near-term recession, International Monetary Fund Managing Director Kristalina Georgieva said on Monday.
President Trump says the goal of his tariffs - resuscitating U.S. manufacturing's glory days - will be worth the turmoil. Experts are skeptical.
Goldman Sachs cut its S&P 500 target and raised its recession forecast. The bank now sees a 35% chance of a recession in the next 12 months.
Experts told Newsweek the things they are monitoring to determine whether the U.S. is on the brink of a significant economic downturn.
But coming IMF update to global outlook to include downward ‘correction’ to growth estimates. Read more at straitstimes.com.
President Trump's worldwide tariffs are to be imposed from April 2 - as the UK races to reach a deal to avoid them.
President Donald Trump is preparing to announce a sweeping round of new tariffs on imports set to take effect Wednesday, which he has dubbed “Liberation Day.” Details of what could amount to a major escalation in Trump’s global trade war are expected to be released in the coming days.