So, President Trump now says he might show up in person to watch the Supreme Court argue his authority to set sweeping tariffs. A decision from the justices could overturn lower court rulings which found the president has no legal authority to impose countryspecific tariffs from earlier this year. Trump calls it one of the most important cases ever brought.So, joining me now to talk about it, former US attorney and host of the Talking Feds podcast, our friend Harry Litman. Harry, what is your reaction to Tr ...

IKEA’s low-cost furniture has won it legions of fans around the world. Now President Trump’s tariffs are forcing the company to do something it hates: raise prices.Read more: 🔗 https://t.co/lFOTaaU9hy https://t.co/uQLt5BGHmz ...

U.S. consumers are footing much of the bill for tariffs, and are likely to pick up an increasing share of the import taxes in the coming months, several separate economic analyses said this week. https://t.co/4qjiYCGNal ...

The Trump administration is quietly watering down some of the tariffs that underpin the president’s signature economic policy https://t.co/Hq3kQc95Ud ...

Core Viewpoint - The current credit issues in regional banks should not be overlooked, as they significantly impact bank returns and are indicative of broader economic trends [1] Group 1: Consumer Market and Credit Quality - The lower end of the consumer market is experiencing stress, with rising delinquencies in car loans among lower credit quality consumers [2] - Higher net worth institutions like JP Morgan, Bank of America, and Wells Fargo are not facing the same level of stress due to their customer base [2] - High yield spreads are at historically tight levels, raising concerns about the compensation for lending to lower quality companies [2] Group 2: Private Debt Concerns - The issuance of zero coupon bonds indicates a lack of cash flow to service debt, raising alarms about the financial health of companies [3] - New private debt categories lack the covenant protections that traditional bank debt offers, increasing risk exposure [4][6] - The rapid growth of private credit products, which are less secured and lack covenants, poses a significant risk to the financial system [6] Group 3: Economic and Market Conditions - The Hispanic community's reduced spending due to safety concerns is impacting the economy, highlighting pockets of credit weakness [7] - The current high valuations in public markets, driven by strong companies, could be affected if market sentiment deteriorates [9][10] - The focus of major banks on high net worth individuals rather than lower-end consumers suggests limited exposure to credit issues in the stock market [11] Group 4: Broader Economic Concerns - Inflation, tariffs, and deficits are identified as significant concerns for the economy, overshadowing the current state of credit markets [11][12] - Despite the challenges in private credit, the overall credit markets are perceived to be in relatively good shape, although risks remain due to inadequate compensation for the associated risks [12]

Trump says high tariffs threatened by both US and China are `not sustainable' https://t.co/IgU3glTc2m ...

Donald Trump, the US President, was actually asked about the trade war and whether or not the US was in fact in one. Here's how he actually framed and phrased that specific answer. Are we in for a sustained trade war with China.Well, we're in one now. Look, we have a 100% tariff. If we didn't have tariffs, we would be exposed as being a nothing. We would have no defense.President Trump spoke after Treasury Secretary Scott Bessent floated a longer pause on high US levies targeting China to resolve a conflict ...

Trumps tariffs is a way to shake you out of the market before $BTC rips to $140k and $ETH to $5k ...

President Donald Trump said he might go to the Supreme Court to personally watch oral arguments on whether the bulk of his tariffs pass legal muster https://t.co/4KR8Z4zj1k ...

Walmart's US CEO said shoppers are spending at a healthy rate and remain resilient, despite uncertain economic conditions and some inflationary prices due to President Donald Trump’s tariffs https://t.co/5Ycz8cK0Cv ...