Bessent Takes Tricky Center Stage as Trade Wars Roil U.S. Economy
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Bessent Takes Tricky Center Stage as Trade Wars Roil U.S. Economy

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The traditional gathering of former Treasury secretaries to welcome a newly minted one into the fold is usually a lighthearted and pleasant affair. But when the group convened this month, on President Trump’s “Liberation Day,” the tone was strikingly serious. The dinner, organized…

Markets Worry About Finding an Exit From Trump’s Trade Fight
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Markets Worry About Finding an Exit From Trump’s Trade Fight

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The trade battle intensifies There’s no letup in sight to the trade war: This morning, China raised its tariffs on U.S. imports yet again. Beijing said it would not make economic sense to raise them further, and called the Trump administration’s dizzying tariffs…

Stocks Jump in Asia After Trump’s Tariff Reprieve
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Stocks Jump in Asia After Trump’s Tariff Reprieve

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Following President Trump’s decision to pause punishing tariffs on dozens of countries, markets in Asia reacted predictably: Stocks soared in the countries that were spared. In early trading on Thursday, benchmark indexes rose more than 9 percent in Taiwan, 8 percent in Japan…

Inside Trump’s Reversal on Tariffs: From ‘Be Cool!’ to ‘Getting Yippy’
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Inside Trump’s Reversal on Tariffs: From ‘Be Cool!’ to ‘Getting Yippy’

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines For the past week, President Trump has been urging calm in the face of the financial chaos that he created and resisting calls for him to rethink his approach. “I know what the hell I’m doing,” he told Republicans on Tuesday as the…

Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
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Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump on Wednesday abruptly reversed course on steep global tariffs that have roiled markets, upset members of his own party and raised fears of a recession. Just hours after he put punishing levies into place on nearly 60 countries, the president said…

Bond Sell Off Raises Questions About U.S. Safe Haven Status
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Bond Sell Off Raises Questions About U.S. Safe Haven Status

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines A sharp sell-off in U.S. government bond markets has sparked fears about the growing fallout from President Trump’s sweeping tariffs and retaliation by China, the European Union and others, raising questions about what is typically seen as the safest corner for investors to…

Opinion | Trump’s Lust for Power Cannot Be Satiated
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Opinion | Trump’s Lust for Power Cannot Be Satiated

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines It is a fool’s errand to try to rationalize President Trump’s obsession with tariffs. This is not to say that people haven’t tried. There are any number of theories that seek to explain Trump’s preoccupation with tariffs and trade wars. Perhaps he wants…

Analysis: Trump’s Tariffs Disrupt Global Trade Without a Clear Strategy
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Analysis: Trump’s Tariffs Disrupt Global Trade Without a Clear Strategy

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines As the breadth of the Trump revolution has spread across Washington in recent weeks, its most defining feature is a burn-it-down-first, figure-out-the-consequences-later recklessness. The costs of that approach are now becoming clear. Administration officials knew the markets would dive and other nations would…

Trump Maintains 104% China Tariffs as U.S. Officials Signal Openness to Talks
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Trump Maintains 104% China Tariffs as U.S. Officials Signal Openness to Talks

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump’s next round of punishing tariffs on some of America’s largest trading partners was set to go into effect just after midnight on Wednesday, including stiff new levies that will increase import taxes on Chinese goods by at least 104 percent. Mr….