Trump, tariffs
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Consumer prices rose 2.3% in April compared to a year ago, cooling slightly from the previous month and defying fears of an inflation surge in the aftermath of President Donald Trump's "Liberation Day" tariffs last month. The reading -- which marked the lowest inflation rate since 2021 -- matched economists' expectations.
The S&P 500, which plummeted as much as 12% in the days following the "Liberation Day" tariff announcement, is now up over 3% since.
The U.S.-China pause on the tit-for-tat tariffs that were applied after President Donald Trump's "liberation day" announcement has researchers at Deutsche Bank asking "if the last 6 weeks have been a bad dream and never actually happened,
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Raw Story on MSNTrump's Liberation Day tariffs will face 'first major legal test this week': reportThe fate of Donald Trump's so-called "Liberation Day" tariff proposals will hang in the balance this week in a little-known Manhattan courtroom considers the limits of executive powers. According to a report from the Wall Street Journal,
A coalition of small businesses challenged President Donald Trump's tariffs at the Court of International Trade, arguing that the emergency Trump declared to justify them was unlawful.
Irish exports grew by more than 94% to €37.3bn in March, its highest on record, driven by companies stockpiling goods in the US
US inflation edged up 2.3% in April, slightly below expectations, sparking optimism in financial markets. Nasdaq and S&P 500 futures saw gains, fueled by hopes of Federal Reserve rate cuts. While this offers relief to households grappling with past price surges,
President Donald Trump’s massive China tariffs are jeopardizing American fireworks shows, threatening to drive up prices and limit supplies.
The Associated Press on MSN7d
How the stock market made back all its losses after Donald Trump escalated the trade warIt felt much longer, but the U.S. stock market needed just a few weeks to roar all the way back to where it was on President Donald Trump’s “Liberation Day.”
President Donald Trump is expected on Monday to embark on an official trip to the Middle East, a major international trip.