At a news conference in London, the president says Republican senators would be “foolish” to try to stop him. Source: NYT > Business – Maggie Haberman and Nicholas Fandos
Mexico Will Face Tariffs Next Week, Trump Vows
At a news conference in London, the president says Republican senators would be “foolish” to try to stop him. Source: NYT > Business – Maggie Haberman and Nicholas Fandos
Powell, Eyeing Trade War, Says Fed Will Act to Sustain Expansion
Fed Chair Powell says the central bank is “closely monitoring” trade and “as always, we will act as appropriate” to sustain the expansion Source: NYT > Business – Jeanna Smialek
A Slower Economy. A Trade War. Now, China Faces Rising Food Prices.
Pork and fruit are costing more even as Beijing reassures the public that supplies are plentiful. Source: NYT > Business – Keith Bradsher and Alexandra Stevenson
Wall Street Pins Its Hopes on Fed Rate Cuts
Expectations that the Federal Reserve will start dropping interest rates have surged in recent days. Source: NYT > Business – Matt Phillips
Trump’s Tariffs Could Nullify Tax Cut, Clouding Economic Picture
President Trump’s plans to increase tariffs on imports from Mexico and China would wipe out the benefits of his signature tax cuts for the poorest Americans, analyses show. Source: NYT > Business – Jim Tankersley