US EditionWall Street on winning streak but Main Street worries about Trump’s tariffs
- Wall Street has experienced a nine-day winning streak since April 2, 2025, marking its longest run since 2004 with gains in major indexes like the S&P 500 and Nasdaq.
- This streak followed President Trump’s April 2 announcement of higher-than-expected tariffs, which he partially rolled back on April 9 after bond markets showed stress.
- Meanwhile, consumers and small businesses worry tariffs will raise prices and disrupt supply chains while still facing post-pandemic inflation affecting housing, cars, and insurance costs.
- A recent Economist-YouGov poll found only 18% of Americans believe the economy is improving, while household debt reached a record $18.04 trillion and the consumer confidence index fell to 86, its lowest since May 2020.
- Despite a 0.3% GDP contraction in Q1, strong April job growth of 177,000 and rising private investment suggest potential economic stabilization amid ongoing uncertainties from tariffs.
14 Articles
14 Articles
Swamponomics: Americans Taking Jobs From Foreigners? - Liberty Nation News
By Andrew Moran Business and consumer sentiment is deteriorating. Recession odds have ballooned. Wall Street has not fully recovered from the multi-trillion-dollar losses in the first quarter. But while Cassandra-esque economists raise alarm over President Donald Trump’s tariffs, the US economy is holding steady, with private investment popping and Americans obtaining more jobs than their foreign counterparts. Is […]
A month from Trump's tariffs: What has been the impact on global factories?
This week more signs emerged in a wave of reports indicating that global manufacturing is yielding to the trade war of President Donald Trump.The rates of purchasing managers in Asia, along with the numbers revised in Europe on Friday, showed new or persistent contractions in manufacturing activity in April. Reports crowned a series of worrying signs: few economies are avoiding the shock of tariffs and the crippling uncertainty that has engulfed…
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Wall Street on winning streak but Main Street worries about Trump’s tariffs
Wall Street is on a rollercoaster over President Donald Trump’s rollercoaster of tariffs.
Trump’s squeeze on Botswana diamonds puts thousands of jobs on the line
Sunday Standard Trump’s squeeze on Botswana diamonds puts thousands of jobs on the line Thousands of jobs in the Botswana diamond cutting and polishing industry are on the line as the United States of America’s “reciprocal” tariffs imposed on Botswana cripple the country’s ambitious diamond beneficiation drive.Botswana’s diamond beneficiation has created 4200 cutting and polishing jobs and accounts for 5% of Botswana’s GDP, which is more than th…
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