Trump, Dollar and Mexico
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President Donald Trump helped announce more than $90 billion in investments in AI and energy at an event in Pennsylvania on Tuesday.
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Market Talk: Trump's pressure on Powell risks dollar's dominance"Trump's got to be careful," warned Eric Diton, president and managing director of The Wealth Alliance, "because if he leans too hard on [U.S. Federal Reserve Chair] Jay Powell, or replaces him and brings in someone who is a Trump 'yes-man,
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,
Fmr. IMF Chief Economist: how Trump waking up ‘on the wrong side of the bed’ could affect the dollar
The dollar’s recent decline signals a loss of faith from global investors in the United States’ ability to honor its obligations. Harvard University’s Ken Rogoff says political dysfunction in Washington and Trump’s aggressive trade war fuel economic uncertainty and undermine America’s soft power in the world.
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.
“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.”