US President Donald Trump (Source: AP) WASHINGTON: President Donald Trump said he’s joining some of his top economic advisers on Wednesday for negotiations at the White House over tariffs and trade with a top Japanese official who is traveling to Washington for the talks. The Republican president said in a post on his social media […]
Donald Trump was under tremendous pressure from friends, CEOs, reports claimed. While the White House described Donald Trump’s U-turn on tariffs as “the art of the deal”, insiders aware of what transpired behind the announcement of the 90-day pause said there was tremendous pressure from CEOs, friends, GOP senators, markers and bond prices. Axios reported […]
Ackman now says he was wrong to blame Howard Lutnick for the tariffs. Donald Trump-backer hedge fund manager Bill Ackman said Monday it was unfair of him to lash out at Donald Trump’s commerce secretary Howard Lutnick. The comment came after Ackman created a meltdown almost equal to the market meltdown — criticizing the Trump […]
Howard Lutnick clarified why penguin islands have been taxed. Donald Trump‘s commerce secretary Howard Lutnick clarified that a 10% baseline tax on the Heard and McDonald islands — which are literally inhabited by only penguins — was not a mistake and not an AI thing. As Lutnick appeared on CBS’ Face the Nation, host Margater […]
President Trump’s top aides raced to defend his expansive global tariffs on Sunday, downplaying the prospect that his new taxes on imports could cause a significant spike in prices or tip the U.S. economy into a painful recession. As Mr. Trump departed Mar-a-Lago for another day of golfing at his club in Jupiter, Fla., his […]
Trump tariff mastermind Howard Lutnick said there’s no way the president would back off on reciprocal tariffs. Donald Trump’s commerce secretary Howard Lutnick Thursday said that people should just let the president run the global economy because he knows what he has been doing. He’s been talking about it for 35 years, Lutnick said defending […]
