Trump, Tax Cuts and Republicans
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Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared U.S. President Donald Trump's sweeping tariffs would tip the global economy into a recession.
That's how much the WSJ Dollar Index has now lost this year. The dollar now weaker than it was on Nov. 5, before a post-election rally. Here's why consensus expectations for a stronger U.S. currency p
Tariffs will be enacted on roughly $4 trillion in goods imported annually to the United States once the large wave of country-specific higher rates take effect on April 9. Here’s where Trump’s tariffs stand now, and what’s coming next:
President Trump says his new tariffs will grow the U.S. economy. But how much will this growth plan cost you? What you need to know.
President Donald Trump’s announcement of sweeping new tariffs triggered the worst day for stock markets in five years on Thursday, sending shockwaves across the nation and in Alabama. “When you dump over the apple cart, it’s totally expected to have major ramifications,” Retirement Systems of Alabama CEO David Bronner said Thursday in a statement.
President Donald Trump may hope his tariffs bring manufacturing and jobs to the U.S., but the reality is not so simple, according to experts.
As stocks continued to slide after markets opened, President Trump is speaking at a $1 million dollar-a-person candlelight dinner Friday at Mar-a-Lago, according to an invitation reviewed by CBS News. The fundraiser is for MAGA Inc, a super PAC that supports Mr. Trump.
President Donald Trump’s massive tariffs announced on dozens of nations Wednesday were pitched as “reciprocal,” matching what other countries charge the United States dollar for dollar, even taking into account non-tariff barriers like value-added taxes and other such measures.