Economy
Search documents
Buyers remorse! Voters sour on Trump amid soaring prices, Epstein scandal
MSNBC· 2025-12-19 21:27
Political Analysis - Trump's prime time address received poor reviews, described as a "political nothing burger" and "pointless" [2] - Trump's economic approval rating hit a new low of 33% [3] - Trump's approval on handling the rising cost of living sank to 27%, the lowest of the year [7] - The administration's deportation policies targeted individuals beyond those with criminal records, contradicting campaign promises [9][10][11] - Mass protests and civic engagement are critical to maintaining democracy [14][15] Economic & Tech Trends - AI companies significantly prop up the economy, and removing them presents a different economic picture [19] - Nvidia became the first company to reach a $5 trillion valuation [18]
X @The Wall Street Journal
The Wall Street Journal· 2025-12-19 18:26
Young adults aren't confused by the risks they're taking, writes @kylascan. They're just responding to an economy where the usual advice no longer lines up with outcomes. https://t.co/4ENptE1rWB ...
US Trade Chief Says Trump Reset Global Trading Order
Bloomberg Television· 2025-12-19 14:01
Trade Policy & Tariffs - The administration aimed to reset the global trading order towards a fair and balanced approach, implementing numerous trade deals and tariffs [1][2] - The tariff program is considered crucial for building a new global trading order and protecting US industry, with trading partners having largely accepted the system [5] - The removal of tariffs on specific goods like bananas, coffee, and cocoa was considered to address affordability concerns, especially for goods not produced in the United States [9] - The primary goal of the trade program is to reshore American manufacturing, protect American food security, create jobs, and increase wages, rather than driving prices [12][13] US-China Trade Relations - The US aims for stability in trade relations with China, seeking a more balanced trade relationship, with the trade deficit decreasing by 25% [20] - A potential agreement with China in the first half of next year could outline specific trade items and volumes, representing a form of managed trade [21] - Rare earth elements continue to flow from China, and China has purchased over 5 million metric tons of soybeans, indicating ongoing trade between the two countries [18] - Discussions regarding the TikTok deal involve both private sector agreements and government approvals from the US and China, with an expectation of Chinese government approval [15][16] Trade Relations with Other Regions - The US has expressed strong concerns regarding discriminatory regulatory measures by Europe against US tech companies, which appear to target companies based on revenue or business models [31][32] - Negotiations with India are ongoing to find a good landing zone, while other trade partners have concluded negotiations more quickly [36] - Mexico has requested modifications to steel and aluminum tariffs, and discussions are ongoing, with the US acknowledging Mexico's constructive approach in addressing US concerns [39][40][41] Export Controls & National Security - Export controls are fluid and constantly reviewed to balance national security with technological advancements and foreign availability [25] - Approvals for exporting certain items, like H2O chips, to China are subject to Commerce Department review to ensure US national security is not jeopardized [26] - The US government is closely monitoring China's development of AI chips and semiconductor tools [25]
X @Bloomberg
Bloomberg· 2025-12-19 06:45
This isn't the Japan of 1995, write @Moss_Eco & @GearoidReidy. According to the central bank, it's not even the same as last May (via @opinion) https://t.co/7fYclgMbxJ ...
Jonathan Capehart slams Trump’s '18-minute high-pitch screed of a speech'
MSNBC· 2025-12-19 02:37
Political Landscape & Public Opinion - The American people are very tuned in on what their live reality is, suggesting a disconnect between political messaging and lived experiences [1] - A Quinnipiac poll indicates that 57% of Americans attribute the current state of the economy to Trump, while 34% blame former President Joe Biden [3] - 61% of Americans attribute their economic problems to the current president as the holiday season approaches [4] - The more Americans see Trump, the less they like him, raising concerns about his electability [2] Healthcare & Policy - Healthcare premiums are significantly impacting individuals, alongside grocery bills [5] - Discussions are ongoing regarding Obamacare subsidies and healthcare affordability, with a deadline approaching on December 31st [8][9] - Trump acknowledges affordability as a problem he "invented" and is now trying to distance himself from [10] Trump's Influence & Republican Party - Trump's recent 18-minute speech was perceived as an attempt to alter reality, indicating potential insecurity [6] - Trump's approval ratings are underwater on most issues except immigration, even losing 9 points among Republicans in an AP poll [7] - There are signs of a potential "dam breaking" within the GOP against Trump, with increasing opposition [11][12]
'Like a bomb!': MAGA county STUNNED by THIS economic catastrophe
MSNBC· 2025-12-18 22:52
Driving into Lexington, Nebraska is like entering a scene in a dark tragedy. About a third of the people here are about to lose their jobs when this Tyson facility closes next year. A loss of 3,200 jobs in a town of less than 11,000 people.One worker described it as a bomb going off in this town, sending ripples of fear through the entire community. Even though you see cheerful holiday decorations outside the plant, inside workers tell me that the fear and the anxiety can be seen in people's faces. >> Is th ...
'It's the Trump economy now,' top WH economic adviser says amid affordability concerns
NBC News· 2025-12-18 22:30
Welcome to Meet the Press. Now, I'm Kristen Welker in Washington where President Trump is doubling down on his economic agenda and facing a rough stretch of souring poll numbers as he urges voters to blame his predecessor. It comes amid a potential bright spot for the administration with the Labor Department reporting today that inflation fell to 2.7% in November.That's lower than expected. The data comes with a few caveats. It was collected later than normal because of the government shutdown and economist ...
‘All but told the American people to pipe down’: Nicolle Wallace on Trump’s finger pointing speech
MSNBC· 2025-12-18 22:02
It's desperate times, desperate measures for an increasingly desperate president. In a prime time address last night, bearing the tone, tenor, and volume of a person shouting into a bullhorn on a street corner, Donald Trump all but told the American people to pipe down and listen to how good they've got it under Donald Trump. It had everything we've come to expect from any one of his campaign rallies.overstatements, understatements, mathematical impossibilities, deep-seated grievances, and through it all, l ...
X @The Economist
The Economist· 2025-12-18 17:25
Podcast Focus - The podcast discusses markets, the economy, and business [1] - The podcast episode questions the audience's level of "nerdiness" compared to the Money Talks hosts [1]
Steve Rattner: The economy will grow more slowly this year than it did in last year of the Biden WH
MSNBC· 2025-12-18 14:38
former Treasury official. Morning Joe economic analyst Steve Ratner. Steve, good morning.We've got your charts in just a moment, but first you were watching the speech last night along with us and you had a couple of more fact checks. Yeah, look, I think you guys did a great job on the factchecking things like his inability to do percentages no matter how many times we point out to him you can't have 500% declines, but whatever. But yeah, a couple other things.First on the deficit, he said that Congress had ...