Trade Policy & Tariffs - Former US Vice President Mike Pence criticizes President Trump's tariffs, stating they have led to trillions of dollars in lost investments [1] - The analysis suggests a shift in trade policy from leveraging tariffs to lower trade barriers to a broad-based industrial policy with potentially harmful effects on the American economy and consumers [5][6] - The industry emphasizes the importance of free trade with free nations and being tough on trade abusers, aiming to lower trade barriers for American prosperity [7] - Concerns are raised that broad tariffs could lead to a $3,000 increase in the cost of goods for the average American household [24] - The report highlights potential risks of permanent unilateral tariff barriers, advocating for free trade agreements and expansion of trade as key to American growth [13][14] Geopolitical Stance - The analysis commends the current administration's approach to the Middle East, particularly its support for Israel [33][40] - The report suggests that the previous administration's policies towards Iran, including isolating Iran and taking down the ISIS caliphate, had Iran on its back heels [37][38] - The industry expresses concern over the Biden administration's return to a policy of appeasement toward Iran, which is believed to have emboldened enemies of Israel [34] - The analysis advocates for continued military support to Ukraine and punishing sanctions on Russia until a just and lasting peace can be secured [51]

Economic Resilience and Uncertainty - The American economy demonstrates resilience despite uncertainty [3] - Uncertainty has settled, influencing market reactions, but the economy is still holding [3] - A Ben Franklin close (pros and cons analysis) is relevant for decision-making [3][4] Fiscal Policy and Business Impact - Companies have certainty regarding tax rates and 100% expensing of equipment [4] - Deregulation and AI are also factors influencing the economy [4] - The budget is settled, providing certainty, despite positives and negatives [6] Tariffs and Inflation - Tariff uncertainty is a key consideration [6] - There is more certainty on the tariff side compared to April [7] - Several months of tariff revenue have amounted to $25 billion to $30 billion [7] - The pricing effect of tariffs is working its way through, but the impact on consumer behavior is not yet significant [8] - Inflationary effects remain a concern [8] - Different entities along the value chain absorb different pieces of the tariff impact [9] - Lower gas prices (under $3) are a significant positive [9] Federal Reserve (The Fed) Policy - The Fed is expected to wait on interest rate adjustments due to inflation concerns [10] - The Fed aims to avoid stagflation [10] - The Fed needs to ensure that any rate adjustments do not lead to renewed inflation [10][11] - Current data does not indicate significant inflation [11]

The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to President Donald Trump's tariffs. https://t.co/QTl5KiOSOC ...

say Apple should consider I don't like this story replacing a longtime CEO Tim Cook in favor of a more product focused CEO since his lack of products has been so bad for the company and the stock over the last 5 years you're Steve Kovak you're here which light shed person not green Walter Pich and so look don't call him Walt either but oh he doesn't like that I know that I call him Walter but look I my reaction was kind of the same as yours words like yes we've been talking over and over again Apple's had a ...

President Trump's copper tariffs won’t start until next month, but metals markets have already seen major disruptions this year, writes @milliemun https://t.co/CBwUNDLwM0 ...

Although Donald Trump has tempered his Liberation Day barrage, tariffs have been relentlessly creeping up. Contrary to received wisdom, this is hurting America’s economy https://t.co/6ZqSm1NmIuPhoto: AP https://t.co/gp6qmNVNzM ...

A brewing debate inside the Federal Reserve over how to address risks posed by President Trump’s tariffs threatens to end a period of relative unity https://t.co/eWJ0AD1iw4 ...

A Bank of Japan report offered little clarity over the impact of Trump’s tariffs, underscoring the central bank’s wait-and-see mode on rates https://t.co/Mt1y7Vvsdy ...

I'm going to send letters. That's the end of the trade deal. I could send one to Japan.Dear Mr. . Japan, here's the story. You're going to pay a 25% tariff on your cars.America's most famous pen pal. Joining us now, Democratic Senator Tammy Baldwin of Wisconsin. I'm sorry.That was Dear Mr. . That was the dumbest thing I've heard in a long That's our president, y'all. Go America.Why not dear Miss Japan. Well, talk about it. Well, well, well, that's another story on the Let's Let's start where Alicia left off ...

Continuing questions about the impact of Trump administration tariffs caused U.S. equities to be higher but little changed at midday. https://t.co/nVaBRwoXHL ...