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Interview: Vijay Prashad: Even Marco Rubio said that, "by sanctioning countries, the US is losing the power to sanction them".
"Can BRICS fulfil its potential as a significant force in a multi-polar world?"
From now on the Federal Reserve faces a harder balancing act, as Donald Trump reenters the political fray with threats against Fed Chair Jerome Powell. On one side, economic momentum is weakening: business investment is retracting in the face of political chaos as the “animal spirits” that drive growth are deflating. On the other side, inflationary pressures are building from Trump tariffs. Now layered atop this economic instability is the political wildcard of Donald Trump’s chaos-monkey act, in the context of his very clear and very present desire to fire his own former choice for Fed Chair, Jerome Powell. Inflation bares its teeth, recession looms, and Trump wants the Fed Chair’s head on a pike. These are waves that might wash the sandcastle order of economic stability and prosperity away. —From Brad DeLong’s ‘Grasping Reality’ newsletter #Fed #FederalReserve #banking #finance #economy #economics #EconomicPolicy #TrumpTariffs #TradeWar #Stocks #StockMarket
Morten Morland @mortenmorland @thetimes on #RachelReeves #TradeTalks #TrumpTariffs #TradeWar – political cartoon gallery in London original-political-cartoon.com
Dave Brown @DaveBrownToons @Independent on #Trump #RachelReeves #TradeTalks #TrumpTariffs #TradeWar #PopeFrancis #PapalSuccession – political cartoon gallery in London original-political-cartoon.com
US Treasury Secretary Scott Besent refutes claims of Trump proposing unilateral tariff cuts on China, emphasizing no current dialogue and potential for mutual reductions
#YonhapInfomax #USTreasury #ScottBesent #TrumpTariffs #ChinaTrade #FederalReserve #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60009
Boeing hopes to find new buyers for up to 50 planes returned by China https://www.theguardian.com/business/2025/apr/23/boeing-hopes-to-find-new-buyers-for-up-to-50-planes-returned-by-china #Airlineindustry #Trumptariffs #Airtransport #DonaldTrump #Worldnews #Business #Tariffs #Boeing #Airbus
Rachel Reeves dashes hopes of early breakthrough in UK-US trade deal https://www.theguardian.com/us-news/2025/apr/23/rachel-reeves-dashes-hopes-of-early-breakthrough-in-uk-us-trade-deal #InternationalMonetaryFund(IMF) #Trumpadministration #Economicgrowth(GDP) #Governmentborrowing #Internationaltrade #Food&drinkindustry #Economicpolicy #Globaleconomy #Budgetdeficit #Publicfinance #RachelReeves #Trumptariffs #DonaldTrump #Environment #USpolitics #Economics #Business #Politics #Tariffs #Farming
#Felon47 Backs Down-Again
After meeting with CEO’s who deliver a brutal assessment of #TrumpTariffs
He pledges to back down on ridiculous tariff war with China
He’s not playing 3D Chess or even checkers
He’s smearing his shit on the wall & calling it a masterpiece
https://finance.yahoo.com/news/live/trump-tariffs-live-updates-white-house-considers-slashing-china-tariffs-after-trump-hints-at-deescalation-191201476
Trump’s “trade war” with China was never strategy — it was a con. Tariffs bled American families while his buddies cashed in on insider trades. Now even his own Treasury Sec says it’s unsustainable. “Art of the Deal”? Nah. Art of the Loser.
#TrumpTariffs #TrumpGrift #China
apnews.com/article/tari...
US Treasury secretary says tra...
Rehn calls for unified EU response to Trump’s tariffs and shared defence https://www.byteseu.com/948504/ #EUBonds #EUDefence #EUTariffs #EuropeanEconomicStrategy #Finland #FinlandEconomy #OlliRehn #TrumpTariffs #U.S.TradePolicy
Trump’s an unstable bully – but it’s hard to defend the economic orthodoxies he is attacking | Larry Elliott https://www.theguardian.com/commentisfree/2025/apr/23/donald-trump-unstable-bully-economic-orthodoxies #InternationalMonetaryFund(IMF) #FederalReserve #Globaleconomy #RachelReeves #Trumptariffs #DonaldTrump #WorldBank #Economics #USeconomy #Worldnews #USnews
Interview: Vijay Prashad: Even Marco Rubio said that, "by sanctioning countries, the US is losing the power to sanction them".
"Can BRICS fulfil its potential as a significant force in a multi-polar world?"
USD/KRW exchange rate finds support at 1,420 level during London trading hours, rising 4.40 won amid U.S.-China trade negotiation expectations and market volume dynamics
#YonhapInfomax #USD/KRW #ExchangeRate #TrumpTariffs #USChinaTrade #ForexMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59991
To Trump’s addled brain, which only sees things in terms of profit or loss (never both), a trade deficit with another country is an “unfair” advantage that must be neutralised. He views the economy not as a balance sheet but a series of scores to be settled. This is of course nonsensical. #Trumpland #TrumpTariffs