Donald Trump

Auto Added by WPeMatico

Schiff Criticizes Trump’s Rate Cut Idea, Says Transition to Manufacturing Economy Requires Higher Rates

by

Economist Peter Schiff has said he disagrees with U.S. President Trump’s idea that lowering interest rates would help the U.S. shift to a manufacturing-based economy. Schiff: Lowering Interest Rates Counterproductive Economist Peter Schiff has panned the idea supported by then-U.S. President Donald Trump that lowering interest rates could help America transition from an import-dependent economy … Read more

Over 1,300 Economists Condemn Trump’s Tariffs as Economic Folly

by

A coalition of over 1,300 economists—including Nobel laureates and former policymakers—has publicly denounced the Trump administration’s 2025 tariff policies as reckless, harmful, and historically misguided. Trump’s Tariffs Face Elite Academic Rebuke In a sweeping condemnation of U.S. trade policy, more than 1,300 economists have signed the “Anti-Tariff Declaration,” a public statement opposing the Trump administration’s … Read more

‘We’re Talking to China,’ Trump Says as Markets Prepare for Trade Uncertainty

by

Over the next week, all eyes will focus on U.S. President Donald Trump’s tariffs after equities and crypto markets rode a roller coaster last week. Trump says China has sought dialogue repeatedly, as the tariff standoff between the U.S. and China reaches unprecedented heights, with each side levying steep duties on the other’s goods. Markets … Read more

Elizabeth Warren: ‘If Chairman Powell Can Be Fired, It Will Crash the Markets’

by

Democratic Senator Elizabeth Warren of Massachusetts is once again alarmed by the Federal Reserve’s trajectory, and warned on CNBC that U.S. markets would “crash” if President Donald Trump were allowed to remove Chair Jerome Powell. Warren Warns U.S. Could Become ‘Two‑bit Dictatorship’ In an interview with CNBC, Sen. Warren expressed serious concerns over President Trump’s … Read more

Trade War: Tit-for-Tat Tariffs Show Limits of Unilateral Action, Web3 Leaders Say

by

Web3 experts emphasize that the ongoing trade war, while presenting challenges, can also act as a catalyst for innovation within the blockchain space. However, they argue that fostering a mindset of global unity can help mitigate the divisive effects of trade wars. Decentralized Governance Can Mitigate Disputes Caused by Protectionist Policies As the U.S.-China trade … Read more

Former SEC Chairman Jay Clayton to Serve as Interim US Attorney for the Southern District of New York

by

President Donald Trump already nominated Jay Clayton for the U.S. Attorney post, but Democratic minority leader Chuck Schumer has blocked the nomination, leaving Clayton in interim status. Trump-Era SEC Chairman Clayton to Lead SDNY Temporarily Former Chairman of the U.S. Securities and Exchange Commission (SEC) Jay Clayton will have to wait a little longer before … Read more

‘Powell’s Termination Cannot Come Fast Enough’: Trump Turns Up Heat on Fed Chair

by

U.S. President Donald Trump takes issue with Federal Reserve Chair Jerome Powell, asserting the central bank leader is “always too late and wrong.” Trump insists Powell should cut the federal funds rate immediately, declaring that his “termination cannot come fast enough.” Fed Showdown: Trump Calls for Powell’s Exit Over Delayed Moves During a week rattled … Read more

Trump’s Tariff Policy Threatens Dollar’s Safe Haven Status and Global Currency Dominance, Warns FX Strategist Wizman

by

Recent data indicates a breakdown in the dollar’s traditional correlation with other markets, as investors seek refuge in currencies like the Swiss franc and Japanese yen, which have recently strengthened. Thierry Wizman, global FX and rates strategist at Macquarie Group, stated that Trump’s tariffs policy shake-up not only threatens the dollar’s status as a safe … Read more