Trump compares tariffs to 'medicine' as markets point to rough week ahead
- Major stock indexes worldwide fell significantly as U.S. President Donald Trump continues with sweeping tariff plans, indicating the risk of recession could lead to Federal Reserve interest rate cuts as early as May.
- The U.S. Stock markets lost nearly $6 trillion overall, with the S&P 500 futures down almost 5%.
- JPMorgan now predicts a 0.3% decline in full-year U.S. GDP due to tariffs, linking them to an increase in the unemployment rate to 5.3%.
- Trump described the tariffs as 'medicine' essential for fixing trade issues, dismissing market losses and emphasizing that foreign nations must pay significantly to lift them.
316 Articles
316 Articles


Editorial: Here comes an earnings season for tariff-scarred CEOs to dread
Beginning this week, America’s corporate bosses will have to publicly address how to gauge and respond to President Donald Trump’s chaos-inducing attempt to massively reorder the global economy.
COMMENT: Trump’s secondary sanctions on Russian oil are a lose-lose proposition – Carnegie
“Just as certain classes of medication are sometimes in vogue and prescribed to help with all kinds of ailments, it seems that US President Donald Trump and his team have stumbled upon a magical remedy for all the world’s problems: tariffs.”
Tariffs are quack medicine — and they’ll poison Nevada’s economy first - The Nevada Independent
I have a trade deficit with my neighborhood grocery store. Every week, I drive to the grocery store. I fill my cart. I pay for my groceries. Does the grocery store ever buy anything from me? Absolutely not. They’ve never even asked. This is clearly a bad deal. So here’s what I’m going to do about it — I’m going to charge myself and my family a 50 percent tariff on our groceries every time we buy them from the grocery store and use that tariff t…
Trump stands firm on EU tariffs, demands energy purchases
U.S. President Donald Trump confirmed Monday that planned tariffs on European Union (EU) imports will go into effect as scheduled, demanding the bloc purchase more American energy to help reduce the U.S. trade deficit.
Coverage Details
Bias Distribution
- 42% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage