Trump's Trade And Peace Talks, Musk's DOGE Under Scrutiny, And Market Turmoil Predictions: This Week In Politics

Trump's Trade And Peace Talks, Musk's DOGE Under Scrutiny, And Market Turmoil Predictions: This Week In Politics

The past week was filled with significant developments, from President Trump’s stance on China tariffs and Russia-Ukraine peace talks, to House Democrats raising concerns about Elon Musk’s DOGE. Additionally, the IRS saw a leadership change influenced by Musk, and Sen. Elizabeth Warren (D-Mass.) warned about potential market turmoil. Let’s dive into the details. Trump Hesitates on Escalating China Tariffs President Donald Trump indicated his rel…

TRUMP’S TARIFFS WHAT THEY MEAN FOR THE WORLD

As US President Donald Trump’s global tariffs trigger worldwide market chaos and geopolitical fallout, the question on everyone’s lips is what the endgame behind the radical American government actions is.

The economic impact of Trump’s tariffs on Europe: an initial assessment

It is likely that Trump’s tariffs will be a limited hit to Europe, though some regions and industries could suffer and may need protective measures

Imagine waking up in 1932, in any city in the United States. When you order your morning coffee, you realize that its price has doubled since last year. This is not because of the shortage of coffee, but because new trade barriers have caused the price of importing Colombian coffee beans to skyrocket. The same has happened with sugar, tea and cocoa. Daily items have suddenly become a luxury.This dramatic change resulted from one of the most dama…

Three weeks after Donald Trump's 145% tariff hike on China and the announcement of a global trade war, the IMF and several economic indicators are indicating the first economic effects. The IMF cut its global growth forecast on Tuesday, but does not expect a recession, but expects inflation corrections and increased market risks, Bloomberg reported.

Global shock from Trump’s tariffs is about to be felt this week

Three weeks after President Donald Trump’s opening shots of a worldwide trade war, the first hard numbers on the damage are arriving. On Tuesday, the International Monetary Fund is expected to cut its global growth outlook. “Our new growth projections will include notable markdowns, but not...