Trump, Dollar
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Ed Yardeni, President of Yardeni Research cited the US administration’s flexibility in allowing Nvidia to sell certain chips to China as an example of pragmatic trade policy. “Everything is negotiable,
The dollar edged up across the board on Friday as U.S. President Donald Trump's ramped-up tariffs on Canada and other trading partners sparked a flight to safety.Trump issued a letter late on Thursday that said a 35% tariff rate on all imports from Canada would apply from August 1.
Former Chicago Mayor Rahm Emanuel has a stark warning for Democrats’ fundraising efforts as numbers start to trickle in from the second financial quarter. In an interview with the Washington Examiner,
“Putin will not negotiate as a loser,” one of his longtime associates tells TIME by phone from Moscow. “He knows that winners don’t get punished, and if he wins, all of this” — the sanctions, the tariffs — “will go away.”
The dollar fell versus the euro and yen on Wednesday after hitting multi-week highs the day before, as U.S. data pointed to tariff-driven inflation prompting investors to slightly scale back their bets on Federal Reserve rate cuts.
Senate Republicans are gearing up to advance a multibillion-dollar clawback package from President Donald Trump, but dissent among the ranks threatens to stymie the process. Senate Majority Leader John Thune, R-S.D., intends to put Trump’s $9.4 billion ...