Democrats rail against Apple after Trump unveils electronic tariff exemption
Democrats have denounced the Trump administration, who allegedly supported sector-specific businesses by giving them the ability to bypass fallout from tariffs with Saturday's exemption from electronic devices from “mutual” tariffs imposed on countries around the world, including China. Smartphones, computers, routers and semiconductor chips have all been ruled out from the rise in the president's […]
Yellen slams Trump tariff agenda as ‘worst self-inflicted policy wound'
Former Treasury Secretary Janet Yellen placed emphasis on the Trump administration's trade war on Friday evening, blowing up the latest rollout of import taxes on almost every trading partner of President Trump. “This is the worst self-harm scar I've ever seen in my career given to our economy,” she told CNN's Anderson Cooper in an […]
Gold’s record climb still has legs even with tariff volatility
George Milling-Stanley, chief gold strategist at State Street Global Advisors, says 40% of the gold in the last 12 months still have feet. This is why. Gold reached a fresh record of $3,139.90 for a ounce this week after crossing the $3,000 mark for the first time in March. President Donald Trump's tariff rollout hurt […]
Karl Rove urges Trump to avoid tariff ‘happy talk’ amid economic uncertainty
The role of longtime Republican operatives and Fox News contributor Carl has urged President Trump and his administration to avoid “happy talk” about tariffs amid uncertainty over the country's economy. “Remember, one of the problems we had under Biden was that we talked about happy things. 'Bidenomics is at work' and people didn't believe it. […]
China tariff surcharges are showing up on American consumers’ receipts
O'Leary Ventures Chairman Kevin O'Leary explains how the US can fix trade and economic problems with China “once once” in “Editing the Evening.” American consumers are noticing a new line of shopping receipts: tariff surcharges. Even if President Donald Trump suspends 90 days on tariffs, businesses and customers are feeling the impact of importing products, […]
Consumer sentiment plunges on recession fears, tariff uncertainty
Hilary Kramer, manager of Greentech Research Investment Analyst and Portfolio, discusses how investors can navigate the market during the tariff turbulence to “make money.” In April, consumer sentiment fell sharply in April as 12 months of inflation expectations surged to the highest level among the 1981 president. Donald Trump's The escalation of the trade war. […]
Stock market rout as Dow, S&P, Nasdaq hit by tariff fears
Fisher Investments founder Ken Fisher analyzes President Donald Trump's mutual tariff recipients and losers in “Varney & Co.” The two-day market genocide concluded one of the most volatile weeks of US stocks since 2020, the height of Covid as a global investor in US tariffs and retaliation. The S&P 500 slipped deep into the correction […]
Truckers on Edge: Job Security Shaken by Tariff Uncertainty!
Truck operators keenly recognize the repercussions of tariffs on individuals involved in transporting vehicles and auto components, particularly across the United States and Canada. Although traffic flows consistently, including numerous 18-wheel vehicles, over the ambassador bridge linking Detroit to Canada, truck drivers and businesses assert that uncertainty is still impacting operations. Truck drivers worry that […]
Ocasio-Cortez and other Democrats accuse Trump admin officials of insider trading after stock market tariff surge
New York democratic socialist Rep. Alexandria Ocasio-Cortez voiced that Trump administration officials may have used the president's mercury fee announcement to increase personal wealth. Stock markets have had historic clashes after President Donald Trump issued massive tariffs, but soon recovered much of the loss after suspending most of the tariffs on Wednesday. Democrats hit the […]
Trump threatens to put higher tariff rate back if countries don’t strike deals
President Trump threatened on Thursday that he would reverse the course with a 90-day suspension on country-specific tariffs if the country does not sign a contract with his administration earlier. “We don't do the deal we want to do, or we have to do, that's good for both parties – that's good for both parties […]