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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
Employment Market & Economic Data - July新增就业岗位仅73,000个,远低于预期,且5月和6月的就业报告也被大幅下调,总计减少了258,000个就业岗位[2][3] - 过去三个月的平均新增就业岗位为35,000个,远低于维持人口增长所需的150,000个[3] - GDP第二季度增长率为3%,但主要是由于进口大幅下降,而非经济繁荣的迹象[13][14][15] Trade & Tariffs - 美国与欧盟、印度尼西亚、日本、巴基斯坦、菲律宾、韩国、英国和越南达成了贸易协议,但远未达到声称的200个[8][9] - 对巴西的关税提高到50%,理由是对前总统的政治迫害[11][12] - 对加拿大商品的关税从25%提高到35%,不包括在美墨加贸易协定中的商品[12][13] International Relations - 加拿大和墨西哥正在制定一项价值1200亿美元的“北部走廊协议”,以促进两国之间的贸易,不涉及美国[16] - 美国与加拿大之间的关系因关税和贸易政策而受到损害,需要重建信任[23][24][25][26][27]
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
Trade Policy - Dozens more countries are now affected by Trump's tariffs [1]
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 ...
X @BBC News (World)
BBC News (World)· 2025-08-01 22:01
Trump fires lead official on economic data as tariffs cause market drop https://t.co/xtmsAMWPk5 ...