Trump, inflation
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On May 30, 2025, U.S. President Donald Trump announced a plan to increase the import tariffs on steel and aluminium from 25 percent to 50 percent. As quoted by Antara, Trump did this to protect America's domestic industry.
Stocks sold off sharply intraday after multiple reports suggested President Trump is considering firing Fed Chair Jerome Powell.
There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair Powell from the helm of the central bank,
Sky News analysis reveals the carmaker's benefit from state subsidies is threatened after its founder's row with the president.
Financial markets were reacting in an understandable way to conflicting reports over the future of Federal Reserve Chair Jerome Powell, and whether President Donald Trump will or won't be firing him soon.
Explore the impact of tariffs on U.S. copper markets. Click for risks for Southern Copper Corporation in Peru, and why I suggest a long FCX/short SCCO strategy.
Investors have so far behaved as if they’re counting on the U.S. president to back down, having seen previous U-turns from his administration.
Johnson & Johnson has shrugged off the impact of tariffs as the US-based healthcare group raised its earnings and sales guidance for 2025. J&J, which warned of $400mn in duty costs following President Donald Trump’s “liberation day” tariffs announcement in April,