As President Trump launches sweeping new tariffs on “Liberation Day,” prediction markets bet big on global impact while crypto traders brace for volatility and political tokens like TRUMP surge in response.
4hon MSN
As President Donald Trump’s tariff plan nears, Canadian politician Maxime Bernier calls for scrapping all tariffs, saying Canada’s duties hurt its own people more than the U.S., and a new trade era should begin.
If the average tariff rate passes 20%, that could push the US into stagflation territory and give the economy a growth shock, Citi says.
Senate resolution: N.J. Sen. Cory Booker held the Senate floor for a record-setting 25-hour speech against Trump’s agenda. It inadvertently delayed a vote to nullify the emergency declaration behind tariffs on Canada, which could have enough GOP votes to pass. [Yahoo News/USA Today]
We decide our own future.” These are the results so far of President Trump’s threats to abandon NATO allies whose contributions he judges insufficient, his declaration that the European Union was designed “to screw” the United States and his efforts to expand the United States’ land mass.
U.S. stock indexes closed higher after a choppy trading session on Wednesday, falling early and then rebounding as investors made last-minute bets to position themselves ahead of U.S. President Donald Trump's sweeping tariff announcements due later in the day.
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The EV maker recently joined Ford Motor in seeking relief as President Donald Trump prepares to implement tariffs that threaten to upend the global auto industry.
After years of wrongly insisting that other countries pay the tariffs he imposes, thereby enriching America, President Donald Trump now seemingly accepts that those duties are ultimately paid by U.S.