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The strength of the U.S. dollar influences trade, inflation and investment, but as President Trump noted Friday, the currency’s power comes with trade-offs. “I’m a person that likes a strong dollar, but a weak dollar makes you a hell of…
European Union officials warned on Monday that countermeasures are still on the table if they cannot reach a trade deal with the United States to avoid the 30 percent tariffs that President Trump announced over the weekend would take effect…
U.S. stocks have come roaring back after cratering at the onset of President Trump’s trade war, with the S&P 500 index hitting a record high last week following a new agreement with the United Kingdom and the loose confirmation of…
In May, President Trump announced plans for a Golden Dome missile defense system, a multi-layered system designed to ward off ballistic, cruise and hypersonic missiles launched against North America. It is estimated to cost $175 billion and will take three…
Group of Seven (G7) alliance leaders on Sunday are set to gather in Canada amid an upcoming deadline for President Trump’s tariff policy and an outbreak of conflict in the Middle East. Leaders from France, Germany, the European Union, the…
Citadel founder Ken Griffin knocked the Trump administration for a series of moves he said would undoubtedly cause stagflation. Griffin, who’s notably criticized the president’s trade policies, slammed the White House for promoting tax reductions amidst a fiscal deficit. “It…
That was the assessment of the Trump administration recently offered in a private conversation with a senior European diplomat from a major NATO country. That gloomy view of transatlantic relations is widely shared in Europe, and not just because a…
President Trump’s approval rating held steady in the latest Harvard CAPS/Harris poll as economic concerns have ticked down a bit. The poll released Monday showed Trump’s approval rating at 47 percent, just 1 point down from where it was last…
The U.S. Chamber of Commerce asked the Trump administration Wednesday for tariff exemptions for certain businesses and products, raising concerns about a recession. “The Chamber is hearing from small business owners every day who are seeing their ability to survive…
As the Trump administration reasserts its “America First” trade doctrine, a new wave of Section 301 sanctions targeting China’s shipbuilding and logistics sectors is poised to reshape global supply chains. The stated objective is clear: restore industrial sovereignty, rebalance global…