Economic Data & Political Influence - Concerns arise over potential political manipulation of economic data, specifically at the Bureau of Labor Statistics [2] - The integrity of the Bureau of Labor Statistics is emphasized, highlighting the credibility and experience needed for the role [3] - The possibility of rigging data is dismissed, emphasizing the established processes and controls in place [5] - The administration's credibility is at risk if it attempts to discredit independent data, as people are aware of ongoing economic challenges [4] - The president's claims of political manipulation send a negative signal, potentially discouraging the release of credible data [7] - Cooking economic statistics is likely to be exposed quickly, triggering market reactions and internal dissent [8] - The administration is accused of trying to enforce a false version of reality by pressuring government agencies to align with its views [11][12][13] - There are concerns about scrubbing data related to vaccines and climate change, undermining independent data relied upon for policy decisions [15] Trade & Tariffs - The president's strategy involves leveraging tariffs to push forward a geopolitical agenda [19] - The EU may not be able to fulfill its promise of $600 billion in exchange for lower tariffs [16] - A 15% tariff rate is considered a potential floor, marking a significant change in the world economy [17][18] - The president's tactics involve extreme escalation to pressure countries into submission [22]

There there was a big correction in the market after liberation day which were much much higher levels and quite concerning uh across the board and there was some question as to whether they were going to be to negotiate or not. Um right now the market is is looking at some certainty and some uncertainty. Um clearly the market's driven right now by a lot of AI spending a lot of capex in technology.This is all very very good things for the US economy on trade. I think it's going to take time to see how these ...

Trade Policy Objectives - The president aims to rebalance trading relationships for greater equality [1] - Tariffs are viewed as a revenue-generating tool [2] Tariff Impact & Revenue - A 10% baseline tariff across the board could generate over $2 trillion over a long period, significantly impacting the budget deficit [2] - Current tariffs range between 15% and 30% [2] Market Adjustment - The market is gradually adjusting to a higher baseline tariff environment [3] - Progress appears to be underway regarding trade with China [3]

Trade Policy - Tariffs were intended to reduce the trade deficit between imports and exports [1] - The U S trade deficit decreased in June [1] - Tariffs may have had an unforeseen impact on the trade deficit [1]

From @WSJopinion: Absent amid the MAGA triumphalism has been any consideration of what can’t be seen—the economic activity that hasn’t and won’t happen because of the tariffs, writes @MattHennessey https://t.co/pfukwzUdJc ...

And as President Trump's tariffs take effect, various industries share, in their own words, the impact on their operations and their bottom lines. As we head out to break, we take a look at the auto industry and how it's being affected by tariff policy. Since inception, I really wanted to focus on American manufacturers.So about 95% of our supplier pool is domestic. Or so we thought. We're discovering that's not exactly true.Meaning many of our suppliers, the key components or elements of their products tha ...

President Trump reiterated his criticism of the Bureau of Labor Statistics, said he was close to picking a new Fed chair, and teased new tariffs on semiconductors. Joining me now, Muhammad Alerian, president of Queens College of Cambridge to talk about that and many other things. Muhammad, good to see you.Good morning, Julie. I would like to start with this whole situation over the Bureau of Labor Statistics, the BLS. Um, with President Trump's removal of the person who heads up that agency, what does that ...

The Swiss president is heading to the U.S. in a last-ditch effort to head off punishing tariffs that threaten to cripple key sectors of the country’s economy https://t.co/IZyIja1VwL ...

Trade Relations & Tariffs - President Trump and Canadian Prime Minister are expected to discuss tariffs, following a 35% tariff imposed on Canadian goods [1] - The imposition of tariffs potentially violates the Canada US Mexico agreement (CUSMA), previously touted as a beneficial deal [2] - The US seeks to renegotiate existing trade deals, believing current agreements disadvantage Americans [3] - Canada possesses a slight trade advantage due to energy exports, crucial for US energy independence [4] Economic Performance & Growth - Canada's per capita economic growth has significantly lagged behind other developed nations over the past 10 years, with only 05% GDP growth compared to the US's 201% [6] - The Canadian government's lack of attention to the economy and insufficient investment are contributing factors to the slow growth [7] - The new Canadian Prime Minister aims to boost the economy through infrastructure development, trade diversification, and reduction of interprovincial trade barriers [8] Future Trade Agreement - The anticipated deal is expected to be an incremental revision of the existing agreement negotiated four years prior [10] - Potential adjustments include Canada removing the digital services tax and modifications to supply management, possibly increasing the US dairy quota [11] - Maintaining the integrated auto trade between Canada and the US is a key objective for all parties involved [12]

Trump is winning a second chance for Smoot and Hawley, says @johnauthers. Time will tell if his tariffs play out the same way (via @opinion) https://t.co/hNcNBeYWmD ...