Refusal to Compromise One of the defining characteristics of President Trump’s approach to trade has been his refusal to compromise. He seems unwavering in his belief that the United States is a victim of unfair practices by other countries, particularly in his trade war with China. His threats to increase tariffs on imports to over […]
Author Archives: Jack Smith
Markets, News
Live updates: Trump news, China tariff war escalates, Supreme Court backs deportations
08
Apr
Apr
President Trump’s Tariff Threats Threats from President Trump loom large, as he has signaled plans to impose an additional 50% tariff on China if the country fails to remove its retaliatory duties. With growing fears of a global recession, Trump remains steadfast in his approach, stating he is not considering a pause in enforcing these […]
Markets, News, World
US stocks set for a major bounce back from their tariff doom spiral | Business News
08
Apr
Apr
Stock Market Overview For investors, the recent volatility has created a significant opportunity for a rebound. After a sharp decline driven by fears surrounding President Trump’s tariff policies, Dow futures surged by 1,000 points or 2.5%. This bounce back is likely fueled by stocks appearing historically cheap, as the price-to-earnings ratio for S&P 500 companies […]
News
Trump seems to think America needs a recession. Some people are still recovering from the last one
22
Mar
Mar
A recession may seem to you just another stage in the cycle of the economy, but it can have deep, even permanent, consequences for people and communities. As President Donald Trump suggests the need to sacrifice some of the economy’s gains in exchange for fighting the coronavirus, it’s worth remembering just what a toll the last recession [...]