The UK is drawing up countermeasures against the European Union’s proposed steel tariff increase in the event that Prime Minister Keir Starmer cannot secure a deal to blunt their impact https://t.co/OrcHXIW4LX ...

Brazil's vice president says his country will push for further tariff relief on Donald Trump's coffee levies. https://t.co/YtNekg22Te ...

Thailand said tariff talks with the US will continue following a phone call between their leaders, despite Washington’s earlier move to halt negotiations pending Thai compliance over a peace declaration with Cambodia https://t.co/2Aq0SmE2aj ...

Joining us now, Henrietta Trees, co-founder and director of economic policy for Veta Partners. Maya Roupert is senior adviser for was senior adviser for the Warren campaign and former campaign manager for Julian Castro. So Henrietta, if the tariff exemptions would go through, what impact could it have on the economy and on Americans wallets.>> Well, first of all, we could finally bring coffee prices back down to where they were in the Biden era, which was 50 percentage points lower than where they are today ...

Trade Policy - The US Trade Representative announced new tariff exemptions to address high food prices [1] - The White House is set to reveal these exemptions on Friday [1] Political Context - The Trump administration faces increasing political pressure from voters [1]

Market Intervention & Policy Impact - The "Trump put" is seen as a deliberate strategy to influence the stock market through announcements and social media posts [1][2] - A potential $2,000 tariff dividend for most US citizens is proposed, suggesting a fiscal stimulus approach [1] - Easing of trade tensions, such as backing down from a 100% tariff threat with China, can positively impact market sentiment [2] Economic Indicators & Monetary Policy - The US president gauges the economy's health based on stock market performance [1] - The Federal Reserve's interest rate cuts, specifically the second cut in the same number of meetings, are expected to drive asset prices higher [3] Market Outlook - Clarity on the China trade deal is anticipated, which is expected to positively influence asset prices [3] - The market is responding positively, suggesting a potential return of the bull market [3]

$2,000 Tariff Dividend Checks Highly Unlikely This Year, Betting Odds Suggesthttps://t.co/JhLG2mk99e https://t.co/nSSxMwgwg2 ...

This Trump-Tariff Strategy WINS either way on @kalshi! https://t.co/3LIVEtPDyo ...

JUST IN: 🇺🇸 Treasury Secretary Bessent says 'substantial' tariff news is coming in the next few days. ...

Labor Market & Inflation - The ADP data may not strongly correlate with the official government jobs report [1] - Recent data indicates a pullback in the labor market combined with accelerating inflation, which has risen from 23% to 3% [2] - The government shutdown is complicating the Fed's ability to project the labor market and inflation [3] Federal Reserve (The Fed) Policy - Chair Powell tempered expectations of a rate cut in December, emphasizing data dependency [4] - There is conflict within the FOMC regarding future policy decisions [5] - The decision regarding a rate cut in December is expected to be very close [5] Fiscal Policy & Housing Market - The odds of $2,000 tariff rebate checks are considered to be under 1% [7] - Tariff revenue was initially intended to offset $1 trillion of the $4 trillion cost of tax cuts [8] - The Supreme Court appears skeptical of Trump's tariffs, potentially leading to their reversal and refunds to companies [8][9] - A 50-year mortgage saves approximately $200 per month compared to a 30-year mortgage for a $400,000 house with a 6% interest rate, but results in paying $320,000 more over the loan's duration [11][12] - The speaker suggests the administration should focus on proven housing affordability solutions like increasing housing supply and zoning reform [12] - The current tariff policy is significantly increasing the cost of constructing new homes [14]