The White House on Thursday clarified that China faced a minimum tariff rate of 145 percent on all imports to the United States. A day earlier, President Trump had said that he was increasing tariffs […]
Tag: United States Politics and Government
Bond Sell Off Raises Questions About U.S. Safe Haven Status
A sharp sell-off in U.S. government bond markets and the dollar has set off fears about the growing fallout from President Trump’s tariffs, raising questions about what is typically seen as the safest corner for […]
U.S. Bond Sell-Off Is Another Worrisome Echo of the Liz Truss Fiasco
The parallels between President Trump and Liz Truss, Britain’s shortest-serving prime minister, are growing starker. Ms. Truss triggered market turmoil in 2022 after she proposed sweeping tax cuts that she proposed to pay for with […]
Trump Administration Cuts Princeton Funding to Study Climate Change
The Trump administration announced it is cutting nearly $4 million in federal funding for climate change research at Princeton University, saying that the work promoted “exaggerated and implausible climate threats” and increased “climate anxiety” among […]
Oil Prices Tumble as China-U.S. Tariffs Weaken Economic Confidence
U.S. oil prices bounced back to around $62 a barrel on Wednesday afternoon, more than erasing earlier losses after President Trump said he would pause his reciprocal tariffs for most countries for 90 days. The […]