Despite Trump pause, overall US tariff rate at highest in a century

Charting the Global Economy: Turbulence Accompanies Tariff Pause

(Bloomberg) — In the days following President Donald Trump’s mid-week decision to pause the stiffest of US tariffs — save for super-high duties on China — global financial markets remained turbulent, with investors seeking safe harbor and some central banks lowering interest rates.

MAGA is making America stupid again

Larry Emery — I really shouldn’t have to mention this, but it appears some of us are missing a few basic truths. Tariffs imposed by the United States...

US economists brace for sharp slowdown despite Trump’s pivot

Wall Street economists maintained their forecasts for a sharp slowdown in U.S. economic growth and warned recession risk is still elevated despite the Trump administration’s decision this week to delay major tariffs on a wide range of trading partners. Morgan…

How much insanity can we endure?

Trump didn’t just end his ill-conceived tariff drama, he only postponed it. Again. It’s not good news, it’s just delayed news. Economists know that the best conduit to a healthy economy is stability. Yet the only reliable commodity from the Trump...

The announcements arrive without ceasing. The validity of the reciprocal rate table published by President Donald Trump on April 2 has been postponed. This is due to the increasing number of negotiating requests by the affected countries. In addition, the open trade war waged by the US and China and the threats made against Mexico and Canada fill the reasons for the uncertainty. In the midst of all this, as if it did not have enough in Ecuador, …

'Unilateral bullying': Xi's first reaction after Trump's 145 per cent tariffs on China, urges EU to co-operate

In the wake of US President Donald Trump's tariffs reaching 145 per cent, Chinese President Xi Jinping, in his first reaction, has called it 'unilateral bullying', urging Europe to stand with Beijing. Jinping's remarks have come during his meeting with Spanish Prime Minister Pedro Sanchez, as he called upon the European Union to cooperate with China more closely to tackle the emerging trade tensions between the world's two largest economies. Jin…