Inside Trump’s tariff retreat: How fears of a bond market catastrophe convinced Trump to hit the pause button
- Donald Trump announced sweeping tariffs last week but scaled them back this week amidst turmoil in the stock and bond markets, maintaining a 10 percent global tariff and raising tariffs on China to 145 percent.
- Trump's handling of immigration has faced scrutiny, with deportations at less than one million and border crossings decreasing significantly, as Americans approve of his stance against unvetted immigrants.
- Concerns about potential economic harm from the tariff policies have arisen, suggesting that a trade war with China could damage the U.S. economy significantly.
Insights by Ground AI
Does this summary seem wrong?
Podcasts & Opinions
321 Articles
321 Articles
The President presented his tariff strategy as a great "liberation" for the United States, but it met with the reaction of the bond market.
·Montreal, Canada
Read Full Article‘You tax us, we tax you.’ It’s pretty basic (letter to the editor)
For decades, Democrats assured us that “free trade” deals would uplift American workers and revitalize local economies. Instead, we got shuttered factories, outsourced industries, and entire communities left behind. From NAFTA onward, these policies were packaged as “progress,” yet foreign nations routinely slapped double-digit tariffs on our goods while we kept our markets wide open. It’s no wonder American manufacturers struggled to compete.Th…
·Richmond County, United States
Read Full ArticleCoverage Details
Total News Sources321
Leaning Left69Leaning Right35Center63Last UpdatedBias Distribution41% Left
Bias Distribution
- 41% of the sources lean Left
41% Left
L 41%
C 38%
R 21%
Factuality
To view factuality data please Upgrade to Premium