[ad_1] For all his grandstanding, barely three months since taking office, US President Donald Trump has virtually reversed his headline-grabbing tariffs, barring the de minimis 10% on all countries and 20-25% on steel, aluminium and automobiles. Item-specific tariffs on computers, smartphones and electronic peripherals from China have also been reversed for the moment, with a…
[ad_1] US President Donald Trump said on Tuesday he has “no intention of firing” Jerome Powell, but would like to see the Federal Reserve chairperson be “a little more active” as far as cutting interest rates goes. Also Read: Mint Quick Edit | Trump versus Powell on US Fed policy Trump has been highly critical…
[ad_1] You might be able to think of a dozen ways through which a public backlash might compel Donald Trump, the President of the United States, to back down on his tariffs imposed on Chinese goods. But if I were to ask you to imagine the kind of pressures that would push Xi Jinping, the…
[ad_1] The bond market spoke; Donald Trump blinked. The lettuce theory of Liz Truss holds true: No leader, not even one who has shrugged off assassination attempts and a fraud trial, can remain steadfast in the face of a policy-induced meltdown that punishes voters it aims to protect. The question is: What now? What’s clear…
[ad_1] It’s rare for choppy seas to make people on dry land giddy, but when earthly trade is subject to unearthly forces that originate from a mercurial White House, anything can happen. On 9 April, US President Donald Trump’s ‘reciprocal tariffs’ had just kicked in hours earlier when he backed down. He announced a 90-day…
[ad_1] It’s hard to know which is more unsettling: that the leader of the free world could spout complete drivel about its most successful and admired economy. Or the fact that on April 2nd, spurred on by his delusions, Donald Trump announced the biggest break in America’s trade policy in over a century—and committed the…
