As Trump reignites a trade war and faces a bond market revolt, the economy is about to go through the ringer this week
10 Articles
10 Articles
As Trump reignites a trade war and faces a bond market revolt, the economy is about to go through the ringer this week
By Bryan Mena, CNN Washington (CNN) — By week’s end, it’ll be much clearer how the US economy is holding up amid President Donald Trump’s sweeping policy changes. Trump’s erratic trade war has already unsettled consumers and taken a toll on economic growth — mostly due to American businesses rushing to stock up on imports. And his “big, beautiful” tax bill currently moving through Congress, which is expected to dramatically widen the country’s d…
Trump’s latest Wall Street showdown pushes investor scepticism to the brink
From The Guardian Donald Trump calls his tax and spending plans “big, beautiful,” and a once-in-a generation opportunity to bolster the prosperity of the US economy. The bond market disagrees. In his latest showdown with Wall Street, after the turmoil unleashed by his “liberation day” tariff announcement last month, global financial markets are rattled again, this time by the US president’s One Big Beautiful Bill Act. Plans to hit the EU with 50…
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