Published 2 days ago • loading... • Updated 11 hours ago

Buffett's Tariff Warning, Trump's CHIPS Act Repeal, And S&P 500's Post-Election Slump: This Week In Economics

President Donald Trump faces growing concerns that his tariffs and spending cuts could harm the U.S. Economy, with the economic policy uncertainty index rising 41%, indicating potential recession risks.
The economic policy uncertainty index has spiked 41% to a level of 334.5, which historically signals a recession.
Economists express worries about a possible 'Trump recession,' with Nicholas Bloom warning of a potential economic downturn due to ongoing policy turbulence and a tariff war.
The Federal Reserve's Beige Book reported 47 references to uncertainty about tariffs, up from just 17 in January.

Insights by Ground AI

Does this summary seem wrong?

24 Articles

All

Left

Center

Right

Financial Post

Posthaste: Donald Trump cares about 'Mr. Dow' and 'Mrs. Jones' and could already be bending to investors' will

Cracks are appearing in United States President Donald Trump's tariff plans and upset investors could be playing a role in that. Read on.

15 hours ago·Canada

Read Full Article

MarketWatch

Inflation and tariffs might scare shoppers. Have they scared CEOs?

Executives are talking a lot about tariffs, but little about a recession. Adobe, Oracle and more retailers report during the week.

21 hours ago·United States

Read Full Article

Benzinga

Buffett's Tariff Warning, Trump's CHIPS Act Repeal, And S&P 500's Post-Election Slump: This Week In Economics

The financial markets faced turbulence as Warren Buffett warned tariffs are "an act of war," Trump called for ending the CHIPS Act, the S&P 500 erased post-election gains, and the U.S. dollar saw its sharpest two-day decline in years amid ongoing economic uncertainty.

22 hours ago·New York, United States

Read Full Article

Business Insider

5 actions to take now ahead of a possible recession

Getty; Rebecca Zisser/BIAfter years of the US economy dodging a downturn, recession fears are percolating.Uncertainty over tariffs and government layoffs has dimmed the economic outlook and fueled market instability.Here's what financial planners told BI about how nervous people can prepare for a recession.Recessionary fears are gripping Wall Street, causing stock prices to plunge and economic outlooks to sour.Investors are grappling with the un…

24 hours ago·United States

Read Full Article

The Detroit News

US economic worries mount as Trump implements tariffs, cuts workforce

There are growing worries President Donald Trump may be doing more to harm the U.S. economy than to fix it.

1 day ago·Detroit, United States

Read Full Article

PHL17

+3 Reposted by 3 other sources

Wall Street Journal: ‘Someone should sue’ Trump over tariffs

(The Hill) — The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the board warned of a possible jolt in consumer prices once the tariffs go into full effect and urged someone to file a lawsuit in response. "The President invokes a law that doesn't give him power to impose sweeping tariffs," they wrote in th…

1 day ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year