⚡FACT: There are no tariffs on $BTC https://t.co/9nbmLIqEKp ...

An uncomfortable dynamic may be at play: markets might expect him to chicken out as the pain of tariffs becomes clear, but the lack of reaction might be emboldening him to press ahead https://t.co/sjL4xWy7sm ...

A lot of attention has been paid to the impact of tariffs on prices, says @mattyglesias, but the real damage is what they will do to the overall economy (via @opinion) https://t.co/LxtMwX0gha ...

Tariffs and Trade Policy - The President's use of emergency powers to impose tariffs is being challenged in courts, raising concerns about potential economic fallout [1] - The tariffs are extraordinarily high, reminiscent of the Smoot-Hawley Act during the Great Depression [2] - The constitutionality of the tariffs is questioned, as the power to levy tariffs is constitutionally granted to Congress [3] - The President's inconsistent tariff policies have created enormous uncertainty in global markets [5][6] - CEOs are preparing for continued uncertainty in international business relations due to the tariffs [8] Economic Impact - The President's actions have created greater economic uncertainty than even the COVID-19 pandemic at one point [6] - American companies are already paying higher prices due to the tariffs [10] - Consumers are expected to start feeling the impact of the tariffs in the next couple of months [10] Policy Implications - Restoring the power to levy tariffs to Congress could lead to more democratic policymaking [4] - The President has used tariffs to bully other countries for concessions [7] - The President's tariff rates have been subject to frequent changes according to his whims [7]

CEO Adaptation to Policy and Economic Volatility - Major company CEOs have learned to operate independently from Washington policy and have become adept at navigating volatility to remove uncertainty from their businesses [3] - CEOs express concern about the dramatic federal debt situation, which could create problems in the future [3] - High tariffs are generally viewed negatively by CEOs, who believe they can have a dramatic negative impact [8] - CEOs are blocking out political noise and focusing on facts, substance, and real policy [9] Impact of Tariffs and Supply Chain Strategies - Companies are considering relocating capital to Canada due to ongoing trade dynamics, demonstrating that tariff impacts can be bidirectional [7] - Securing the supply chain can involve onshoring, shifting to friendly markets in Southeast Asia, or relocating to Mexico [6] New York City's Economic Resilience and Challenges - New York City's economy is strong, attracting significant numbers of visitors and college graduates [11] - New York City needs to focus on competing with other centers around the country, particularly regarding companies moving to Dallas and Miami [19] - The city has the second-biggest tech hub and is a leader in drugs and healthcare innovation, second only to Boston [20] Democratic Party's Future Path - The Democratic Party needs to focus on what it stands for, diagnose issues effectively, and develop solutions that meet the needs of all Americans [21] - The party should focus on affordability in a practical way and ensure policy is driven from the ground up [21] - The Democratic Party should avoid extremes and unify on solving people's issues, focusing on getting food on the table, securing good jobs, and raising families [24]

In this Wall Street Week, we look at how AI is affecting new grads and how tariffs are affecting top executives https://t.co/wvRQop1roG ...

Trump’s tariffs have inflicted almost $12 billion of losses on global automakers, the biggest hit they have faced since the pandemic. This may be just the beginning. https://t.co/XDRsA0qBQp ...

Trump's tariffs have stunned the gold market. That's because the US Customs and Border Protection made clear that imports of one kilo and 100 ounce gold bars are now subject to tariffs. A major shock to the industry, which is used to those bars being exempt.Gold industry executives, analysts and traders are now all scrambling to understand what this US policy means for them, which is resulting in shipments being frozen and lots of price action. Gold futures, which are backed by those bars of gold, rose to a ...

Fed Nominee & Policy - The market and Federal Reserve system are likely to welcome all candidates for the Fed position [6] - Diversity of opinions is important at the Fed, and the potential nominees could bring a fresh look at policy [8] - By May of next year, the Fed board is likely to shift, with potentially four Trump appointees becoming the dominant force [13] Economic & Political Strategy - The administration will assess potential nominees based on their performance, statements, and reactions to the economy and data [2] - The nomination process is expected to intensify in the fall and conclude around January [3] - The president may be using the temporary nomination to gain leverage over the nominee [1] - The president's tariff strategy was a tactic to destabilize opponents and negotiate a more beneficial outcome [10][11]

Joining me now is Paul Christopher. He's head of global investment strategy at Wells Fargo Investment Institute. Great to see you.Thanks for being here, Paul. The question for you is uh I guess two things, right. One is why has that trend flipped.And two is how long is it going to last. >> Well, yeah, this the second question, that's your $64,000 question, but let me take a tackle the first one first. Uh we it's not unusual during a rally to see the market pause for a time when they start to get evidence of ...