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The Family Farm | Sunday on 60 Minutes
60 Minutes· 2025-11-07 17:33
American farmers have long struggled with high costs and low prices for their crops. But this year, amid trade wars and tariffs, there is even greater uncertainty in the fields. >> I heard it's affecting your health.>> Yes. Four blood pressure pills a day. >> Three different medicines.Two years ago, none. >> What do you think about when you go to bed at night. >> What's going to be left in a year.Am I the one that that broke what started in the late 1800s. ...
'We’re all feeling it': Wisconsin Lawmaker SLAMS Trump over Argentine beef import, tariffs
MSNBC· 2025-10-27 18:40
Trade & Agriculture - The decision to import beef from Argentina is facing criticism from both Democrats and Republicans, with American ranchers expressing concerns about potential threats to their livelihoods [1] - A Trump official claimed similar hardships at struggling ranchers and farmers [1] - The announcement of a deal with China is expected to bring relief to soybean farmers [3] - Wisconsin has zero purchase orders from China for soybeans [6] - Farmers are experiencing negative impacts from tariffs on farming inputs like fertilizer and tractors [6] - Small farmers are affected by retaliatory tariffs, such as increased costs for milk bottles from Canada [7][8] - Iowa and Nebraska's economies have been significantly impacted due to Trump's tariff taxes [10][11] Political & Economic Impact - A Congressman criticized a person worth $500 million acting as a soybean farmer as insulting [4][5] - Concerns are raised about the demolition of the East Wing of the White House and the transparency of donor contributions [12][13] - The administration is accused of "pay-to-play" practices, with concerns about special interests influencing government decisions [17][18]
X @The Economist
The Economist· 2025-10-25 12:40
Victories in trade wars are rarely absolute or permanent. China has to be careful not to press its advantage too far, lest its successes rebound on it https://t.co/8YMzdnqCXL ...
❌ Trump terminates Canada trade talks following Regan tariff ad.
Yahoo Finance· 2025-10-24 16:50
You see, at first when someone says, "Let's impose tariffs on foreign imports," it looks like they're doing the patriotic thing by protecting American products and jobs. High tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars. The result is more and more tariffs, higher and higher trade barriers, and less and less competition.So soon, because of the prices made artificially high by tariffs that subsidize inefficiency and poor management, people stop buying. T ...
The Trump Market Rollercoaster: A Masterclass in Controlled Chaos
Stock Market News· 2025-10-24 06:00
Trade Policies and Market Reactions - President Trump announced a 100% tariff on Chinese goods effective November 1st, raising total tariffs on many products to 140% or 155%, leading to significant declines in major U.S. indices on October 10, 2025 [2][3] - The Canadian S&P/TSX Composite Index fell by 0.22% following Trump's termination of trade negotiations with Canada on October 24, 2025, while U.S. indices showed resilience [3] - Soybean futures dropped nearly 2% on October 10, 2025, due to fears of import restrictions from China, with prices hovering around $10 per bushel, down from $13 in December 2023 [4][5] Sector-Specific Impacts - The pharmaceutical sector faced a 100% tariff on imported branded and patented products, causing a sharp decline in stock prices of major pharmaceutical companies on September 25, 2025 [6] - Some pharmaceutical companies, like Merck and Johnson & Johnson, saw stock price increases due to a carve-out for U.S. manufacturing plants, indicating adaptability to tariff threats [7] - Alcoa Corporation's stock rose by 12.59% on October 23, 2025, despite warnings about demand destruction from tariffs, attributed to better-than-expected earnings [8] Geopolitical Developments - On October 23, 2025, Trump announced sanctions on Russia's largest oil companies, causing WTI crude prices to rise by 6% to $61.79, reflecting market fears of supply disruptions [9] - The sanctions contributed to a record high for the FTSE 100, with energy companies like Shell and BP seeing stock increases of about 3% [9] Social Media Influence - Trump's use of Truth Social has become a significant factor in market movements, with his posts often preceding major policy announcements that impact global markets [10] - The platform itself has experienced volatility, with forecasts predicting a drop in its stock price, illustrating the interconnectedness of social media and market dynamics [10] Market Behavior and Trends - The market often shows resilience following initial declines due to tariff threats, with analysts noting a tendency for stocks to rally on hints of de-escalation or sector-specific benefits [11] - The term "TACO" (Trump Always Chickens Out) has emerged among analysts to describe the expectation that Trump may ease tariff threats to mitigate market turmoil [11]
X @Bloomberg
Bloomberg· 2025-10-23 11:06
Trade wars create winners and losers. Here’s how Africa is winning https://t.co/BhDUOP0reN ...
Top Story with Tom Llamas - Oct. 10 | NBC News NOW
NBC News· 2025-10-11 02:50
And good evening. Tonight in Tennessee, a small community outside of Nashville in shock after a massive blast at an explosives factory. The sound of the explosion picked up by a doorbell cam 12 m away.Officials confirming multiple people have been killed in this incident. 19 are still missing. The blast happened at Accurate Energetic Systems in Mchuan, Tennessee.It's roughly 50 miles west of Nashville. It comes after it comes more than a decade after tragedy struck this very site in 2014. One person was kil ...
X @DonAlt
DonAlt· 2025-10-10 21:23
https://t.co/Joev3lm4EGdb (@tier10k):Welcome back to the trade wars*TRUMP: US TO IMPOSE 100% TARIFF ON CHINA STARTING NOV 1 ...
X @Ansem
Ansem 🧸💸· 2025-10-10 20:54
Trade Policy - US to impose 100% tariff on China starting Nov 1 [1]
U.S. economy still struggling to adjust to tariffs, S&P finds, and there's one big danger sign
MarketWatch· 2025-09-23 14:26
Core Insights - The most severe impact of trade wars on the U.S. economy may have passed, but businesses continue to face challenges from increased tariff-related costs and a decline in customer demand, leading to reduced hiring [1] Group 1 - Businesses are adjusting to higher costs associated with tariffs [1] - There is a noticeable slowdown in customer demand affecting business operations [1] - Companies are responding to these challenges by cutting back on hiring [1]