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X @Bloomberg
Bloomberg· 2025-08-04 08:52
Trade Relations - The EU anticipates President Trump to announce executive actions formalizing lower tariffs on cars [1] - The expected actions include granting exemptions for goods like aviation parts [1]
Kevin Hassett says Trump tariffs ‘are the final deals’ despite market backlash: Full interview
NBC News· 2025-08-03 16:56
And joining me now is the director of the White House National Economic Council, Kevin Hasset. Mr.. Hasset, welcome to Meet the Press. >> Great to be here. Thank you. >> It's great to have you here. Let's start with President Trump's decision to fire the head of the Bureau of Labor Statistics, Erica McInterer, who he accused of manipulating job numbers. Mr.. Hasset, what evidence does the administration have that she manipulated the jobs numbers? >> Right. Well, what we've seen over the last few years is uh ...
‘No president’s ever read it this way’: Trump faces major legal challenge over tariff justification
MSNBC· 2025-08-03 16:34
Is Donald Trump's sweeping tariffs go into effect? We are waiting on a ruling from a federal appeals court that may answer a crucial question. Are the bulk of Trump's tariffs even legal? During a likely legal argument on Thursday, federal appeals courts judges seem skeptical that Trump had the power to bypass Congress and impose tariff rates around the world by using a 1977 emergency law. Joining us now is the lead lawyer who argued the tariffs case against Trump's executive order, former US acting solicito ...
Why the latest jobs data is a signaling bigger problems for the economy
Yahoo Finance· 2025-08-03 14:00
Economists have been warning that President Trump's trade wars will depress growth and hiring. Trump disagrees, but does the weakness in the latest jobs report give these warnings more weight. Here with more is Yahoo Finance senior columnist Rick Newman.Rick, hey Josh. Um, well, yeah, I think what we're seeing in the economy, not just the jobs report, but also the uh GDP report on economic growth for the first half and other things. I mean, this is exactly what you would expect to happen when you uh put tar ...
‘Seems more personal’: Trump’s tariffs on Canada pushing away a crucial trade partner
MSNBC· 2025-08-02 21:02
I'm speaking to you this morning from the wrong side of yet another perilous line our country has crossed under Donald Trump. Today we're all waking up in a country headed by a president who when faced with empirical data that he doesn't like will fire the government official who collected it. Yesterday we all got some bad news.An alarmingly bad monthly employment report that revealed a far more fragile jobs market than we thought we had. Only 73,000 net new jobs. That's new jobs created minus jobs lost wer ...
X @The Economist
The Economist· 2025-08-02 18:20
Economic Policy & Impact - The current administration's agenda is dominated by tariffs, civil service conflicts, and Federal Reserve attacks [1] - These policies are beginning to negatively affect economic data [1] Potential Risks - The dangers of the current economic approach are becoming apparent in economic indicators [1]
X @Cointelegraph
Cointelegraph· 2025-08-02 15:00
📊TARIFFS: Dozens more countries are now affected by Trump's tariffs. https://t.co/ajZnQxVWNo ...
X @The Economist
The Economist· 2025-08-02 10:01
Donald Trump has started a fight that America can’t win. Rachana Shanbhogue, our business affairs editor, explains how his sweeping set of tariffs will ultimately make American consumers poorer https://t.co/p2CjnxgO4w https://t.co/MCFdVD9k4f ...
X @The Economist
The Economist· 2025-08-02 04:00
Some companies in Sri Lanka cite Donald Trump’s proposed tariffs as a reason to refuse salary rises or bonuses. We explain why the future of many women in the country depends on its ability to strike a deal with America’s president https://t.co/z8NvHvoLcn ...
Are There Any Concerns Over Fed Gov. Kugler's Resignation?
Bloomberg Television· 2025-08-01 22:18
What's your reaction to Governor Coogler's decision here and how concerned are you about who might replace him. I've just seen the headlines, so I am I am learning information real time, whether this was a personal choice or whether there was a feeling of a political pressure. And I'm almost, you know, hesitant to even even weigh in because I don't have the information.Anything, though, that I just as a as a overarching point, anything that makes this fed more political, that robs it of its independence is ...