tariffs
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X @Santiment
Santiment路 2025-09-12 00:28
馃摪 Topics like interest rate cuts, tariffs, job reports, and other economic data has dominated 2025 crypto price swings. Our latest insight takes a look at an easy way to quantify chatter about some of the most important topics to be more profitable. 馃憞https://t.co/NMhhRWBMfO https://t.co/6iDBniR6EV ...
U.S. government reports $345 billion deficit for August, larger than expected
CNBC Television路 2025-09-11 18:43
All right, we got some breaking news out of Washington DC. The Treasury Department is releasing its monthly interest statement and Megan Cassella is all over the story. She's got the details.Megan, Don, that's exactly right. This time it was another big deficit month for the US Treasury. The US running a $345 billion deficit for the month of August.That compares with about $300 billion expected among economists surveyed by Dow Jones. Now, on an adjusted basis, that accounts for standard calendar differences ...
U.S. Commerce Secretary Lutnick: India has to stop buying Russian oil
Youtube路 2025-09-11 15:24
Trade Negotiations - India is under pressure to open its market and cease purchasing Russian oil, which has increased from 1% to 40% of its oil imports since the Ukraine war began [1] - Upcoming trade deals are anticipated with Taiwan and Switzerland, while South Korea's compliance with agreements remains to be seen [1] Success Stories in Trade Agreements - The trade agreement with Europe involves 450 million people and a 20 trillion dollar economy, allowing for complete market access to the U.S. and a 15% tariff payment [1] - Japan has committed 550 billion dollars for investments in the U.S., including infrastructure projects like the Alaska pipeline and nuclear power plants, in exchange for tariff reductions [1] Economic Impact - Tariffs are generating 40 billion dollars monthly, contributing to deficit reduction without significantly causing inflation [1] - A projected 10 trillion dollars in factory construction is expected, leading to a surge in construction jobs and GDP growth exceeding 4% next year [1]
David Rubenstein: The economy is in reasonable shape
CNBC Television路 2025-09-11 11:57
Market Trends & Historical Data - 30 years ago, the Dow started the year under 4,000 and finished around 5,000, compared to today's Dow at approximately 45,000 [2] - 30 years ago, the price of oil was about $11 per barrel [3] - Investors generally view the economy as being in reasonable shape, but are uncertain about the impact of tariffs [21] - The IPO market is loosening up, which is a good sign that the economy is not in big trouble [22] Monetary Policy & Inflation - The market expects the Fed to reduce interest rates by 25 basis points [9][19] - A 50 basis point cut by the Fed would scare the markets, suggesting the economy is weaker than perceived [9] - The Fed's dual mandate includes worrying about both inflation and unemployment [11] - Current inflation is still about 80 basis points above the Fed's 2% target [12] - There is pressure on the Fed to lower interest rates [13] Economic Outlook & Labor Market - The economy is in reasonably good shape, growing reasonably well for its size, though not at 5% annually [14] - The Fed is more likely to reduce by 25 basis points [16] - Unemployment is now a concern, and the economy is weakening a bit [19]
X @Anthony Pompliano 馃尓
Anthony Pompliano 馃尓路 2025-09-10 15:40
Trade & Inflation - The author suggests tariffs are not inflationary [1] - The author anticipates economists may not apologize for previous statements [1]
X @The Wall Street Journal
The Wall Street Journal路 2025-09-10 14:48
Policy & Regulation - Supreme Court ruling in favor of the president on tariffs could authorize new tax revenue without Congressional approval [1] Potential Impact - The ruling could potentially allow the president to raise new tax revenue independently [1]
X @The Economist
The Economist路 2025-09-10 12:20
Xi Jinping has retaliated against Donald Trump with his own tariffs. China is now courting other parts of the world. What does all this mean in practice? https://t.co/LXt5TJoFo9 ...
5 Things To Know: September 10, 2025
CNBC Television路 2025-09-10 11:06
Five things to know ahead of the opening bell. The Supreme Court agreeing to hear the White House's appeal of lower the lower court ruling that many of President Trump's tariffs are illegal. It's going to hear oral arguments in the first week of November.In other tariff news, tensions could be easing between the US and India. In a post on Truth Social yesterday, President Trump saying India and the US are continuing negotiations to address the trade barriers between our two nations. Then last night on X, Mo ...
The Last Word With Lawrence O鈥橠onnell - Sept. 9 | Audio Only
MSNBC路 2025-09-10 10:52
The last word with Lawrence O'Donnell starts right now. Hey Lawrence. Hey Jen.Uh so Donald Trump went out to a restaurant in Washington DC tonight. As if that's a big deal for presidents. Uh President Obama used to do it with some regularity and uh it was completely normal part of the schedule uh when you were working there, wasn't it.Yeah. Also, he went to a fancyish restaurant. Not a crime, but went to one that was very close to the White House.So, it wasn't like he was venturing out into the city of DC t ...
Sec. Scott Bessent calls for 'good data' after weak jobs report: Full interview
NBC News路 2025-09-07 13:42
Tariffs and Trade - The administration believes good policies are in place to create high-paying jobs [1] - The US has lost 42,000 manufacturing jobs since the tariffs were announced in April [1] - John Deere reported a 29% decrease in net income in its most recent quarter due to higher tariffs, costing the company $300 million so far, with another $300 million expected by year-end, and laid off 238 employees [2] - Nike anticipates tariffs will cost the company around $1 billion this year, while Black & Decker expects $800 million in costs, and the big three automakers have paid over $2 billion in tariffs [4] - Goldman Sachs estimates that 86% of the tariff revenue collected so far has been paid by American businesses and consumers [7] - The administration is confident it will win at the Supreme Court regarding reciprocal tariffs, but there are other avenues to take if not [12] - The administration may have to refund about half of the tariffs if the court rules against them [13] Economic Indicators and Policy - The National Economic Council Director called the jobs numbers "weak," and Moody's chief economist called it a "jobs recession" [1] - The Treasury Secretary anticipates a substantial acceleration in the economy by the fourth quarter [1] - The administration believes the Federal Reserve is too late in cutting rates [1] - The US bond market has been the best performing bond market in the developed world, attributed to tariff income and fiscal improvement [14] Federal Reserve - The administration is interviewing potential successors for Fed Chair Jerome Pal, whose term ends in May [15] - The administration seeks a Fed chair with an open mind who will factor in different policies [16] - The administration claims the Fed has consistently overestimated GDP when Democrats are in office and underestimated GDP when Republicans are in office [17] Russia and Sanctions - The administration is prepared to increase pressure on Russia and needs European partners to follow suit with sanctions and secondary tariffs on countries that buy Russian oil [21][22]