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Tariff escalation with China is a passing thing, says former Fed governor Larry Lindsey
CNBC Television· 2025-10-10 18:15
US-China Trade Relations & Tariffs - The market reacted sharply to President Trump's threat of massive new tariffs on China, with the S&P 500 down approximately 2% and the tech sector experiencing a more significant decline [4] - The expert suggests that the tariff issue is not solvable by monetary policy and recommends the Fed to ignore it [5] - China's cut in access to rare earths is viewed as a reason for potential retaliation from the US [4] Monetary Policy & Inflation - The expert believes that the Fed should hold steady and not continue rate cuts, as cutting rates would validate passing on price increases and potentially fuel inflation [8][9] - The expert suggests that the Fed signaling it does not want to validate price increases would put a lid on inflation [8] Labor Market Analysis - The labor market is described as soft but not significantly different from what is expected in an extended expansion [10] - Wages for lower-end workers are performing well, while supervisory workers have experienced lower pay increases [10][11] - The Atlanta Fed wage tracker signals no serious problems in the labor market [11] Personal Considerations - The individual withdrew his name from consideration for a government position due to personal considerations, including family involvement and satisfaction with his current job [1][2][3] - The expert finds government service to be more painful and hostile than in the past [2]
Pres. Trump: Calculating massive increase of tariffs on Chinese products into U.S.
CNBC Television· 2025-10-10 17:39
Hey there, Courtney. Well, here's the meat of that social media post from President Trump just a short time ago in which he responded to the Chinese government's imposition of export controls on rare earth material. He says, "One of the policies that we are calculating at this moment is a massive increase of tariffs on Chinese products coming into the United States of America. There are many other countermeasures that are likewise under serious consideration. Uh, nobody in the administration uh that I've be ...
X @Bloomberg
Bloomberg· 2025-10-09 20:48
Levi raised its full-year outlook and warned that tariffs are starting to bite https://t.co/tkYfH513YS ...
X @Bloomberg
Bloomberg· 2025-10-09 16:54
Monetary Policy - Federal Reserve advocates a cautious approach to further interest-rate cuts [1] - The Federal Reserve emphasizes the potential for tariffs to cause persistent inflation [1]
X @Bloomberg
Bloomberg· 2025-10-09 11:35
Any bailout for the "Farmageddon" caused by tariffs might just pay farmers back with their own money, writes @patricialopez_4 (via @opinion) https://t.co/5sFBhk4kUz ...
X @The Economist
The Economist· 2025-10-09 09:20
Who is winning from Donald Trump’s tariffs? On the first episode of Insider, @zannymb, our editor-in-chief, and a panel of our top editors consider the consequences of the trade war. Join them https://t.co/IIEsCkGNvC ...
Tesla unveils cheaper EV models, stablecoins explained, Dunkin' president talks tariffs
Yahoo Finance· 2025-10-08 17:27
Electric Vehicle Market - Tesla unveiled cheaper versions of Model Y and Model 3 after the US government's EV tax credit expired [1] - CFRA analyst Garret Nelson discussed Tesla's sales outlook for these cheaper models as EV sales cool across the board [1] Cryptocurrency - Ines Ferré explained what stablecoins are, how they are used, and why Wall Street is excited about them [1] Business Impact - Dunkin' president Scott Murphy talked about the impact tariffs have had on the chain [1]
X @The Economist
The Economist· 2025-10-08 17:10
Who is winning from Donald Trump’s tariffs? On the first episode of Insider, @zannymb, our editor-in-chief, and a panel of our top editors consider the consequences of the trade war. Join them on Thursday https://t.co/ILi8HP2USR ...
Ford CEO frustrated by "$2 billion headwind" from tariffs.
Yahoo Finance· 2025-10-08 14:30
It's frustrating because we're the most American auto company and we export the most and yet we have this $2 billion headwind which prevents me from investing even more in the US. So it's frustrating but I got to tell you uh we've had some really good conversations with the Trump administration. They feel our pain.I know they want to help us with this problem. What I've seen them do on the EPA side really put the EPA tailpipe emissions more in line with customer real demand. That gives me hope that we're go ...