But Mr. . Secretary, it's not just John Deere. We've heard from a lot of different companies around the country.Nine Nike says that tariffs will cost the company around $1 billion dollar this year. Black & Decker says $800 million. The big three automakers all say they've had to pay more than $2 billion in tariffs.The list goes on and on. Bottom line, do you acknowledge that these tariffs amount to attacks on the American people. Uh well, first of all, let let's back up because what we've seen, for instance ...

Joining me now is Kevin Hasset, director of the National Economic Council. Thank you so much for joining us this afternoon. We really appreciate it. >> Well, it's great to have you. I do want to start off uh with your reaction to the August jobs report. As you know, just 22,000 jobs were created last month and revisions showed the US actually lost jobs in June. That's the first month of job losses since the pandemic. Is this a warning sign about the state of the labor market? Well, right now when we're look ...

I want to bring in Ron Insana, CNBC contributor and publisher of the message of the market on Substack. Peter Baker is New York Times chief White House correspondent and an MSNBC political analyst. Mark McKinnon is a former adviser to President George W.Bush and Senator John McCain as well as creator of the television series The Circus. So Ron, the president says we are the hottest economy in the world. What does this report tell us.Well, I would fly in the face of that analysis and and and I think you know ...

Senator McCormick, an ally of President Trump, urged the White House to consider tariffs and restricting Norway’s access to US markets in response to the Norwegian sovereign wealth fund’s decision to divest from Texas-based Caterpillar https://t.co/3oN1DZMSAa ...

Economic Slowdown & Recession Concerns - The US economy is slowing down, though not yet in recession, with weak payroll prints attributed to both lack of demand and supply due to immigration crackdown [2][3] - Construction spending is down year-on-year, signaling potential recessionary pressures [4] - Rate cuts are unlikely to stimulate growth and may negatively impact retirees' interest income, potentially increasing uncertainty [5][6][7] Uncertainty & Policy Impact - Uncertainty, stemming from tariffs, immigration policies, and geopolitical factors, is acting as a significant drag on the economy, hindering business investment and hiring [8][9][10][11] - Businesses are hesitant to make decisions due to policy uncertainty, adopting a "wait and see" approach [11] - While tax cuts are beneficial for corporations, the unpredictable nature of tariffs creates challenges for long-term planning and investment in manufacturing [12][13] Trade & Tariffs - The industry emphasizes the need for clear and consistent trade rules, suggesting a long-term tariff regime established through Congress to provide businesses with certainty [14][15] - Tariffs are viewed as a tax on consumers, and their fluctuating nature makes it difficult for businesses to compete and plan investments [16] Market Outlook - The market's positive reaction is likely due to anticipation of rate cuts, but these cuts may not address the underlying economic issues [5][6] - Despite the challenges, the US economy has the potential for steady growth around 2%, but uncertainty is hindering progress [9]

President Donald Trump said he would be imposing tariffs on semiconductor imports “very shortly” but spare goods from companies like Apple that have pledged to boost their US investments https://t.co/63GWzHpIRY ...

Trump's tariffs are pushing food and drink exporters closer to China https://t.co/9VGEIoYgQS ...

The Trump administration on Wednesday night asked the Supreme Court to overturn a lower court decision that deemed the president’s sweeping “Liberation Day” tariffs illegal. https://t.co/hkrtgjbvI7 https://t.co/gbdx5PCJYa ...

President Donald Trump has reportedly asked the Supreme Court to move fast to accept and rule on an appeal to overturn lower court decisions that found most of his tariffs are illegal. https://t.co/xfZ3qiwqgD ...

Okay, I want to uh talk tech and politics. We're joined right now on set by Joe Londale, Palanteer's co-founder and 8VC founding partner. There's about a hundred things that we could we could talk about.Um I actually want to start here. This is where I'm going to start and then but there's 100 places we're going to go. >> Um a lot of the tech leaders are going to the White House today um to meet with the president later.The president has taken a very um somewhat aggressive approach as it relates to taking s ...