Old2 The Economy
Election Nov 2024 - April 30, 2025
Election Nov 2024 - April 30, 2025
The following are news articles (from the Nov 2024 Election - April 30, 2025) that were once listed on our website. Much of the information is still relevant, but it was taken off the www.dalecodemocrats.com website to reduce storage requirements and for brevity. This is a good source for history and can be used to help explain some of the current actions of today.
US economy contracts at 0.3% rate in Q1, first GDP pullback in 3 years
US economy goes into reverse from Trump’s abrupt policy shifts | CNN Business
https://www.cnn.com/2025/04/30/economy/us-gdp-q1/index.html
Hakeem Jeffries Torches Trump Over Breaking No. 1 Campaign Promise: 'They Lied'
https://www.yahoo.com/news/hakeem-jeffries-torches-trump-over-160349804.html
New York Post: White House ‘preparing’ farmer bailout plan over tariffs impact as industry faces ‘full-blown crisis’
https://nypost.com/2025/04/30/business/white-house-considering-farmer-bailout-plan-due-to-trade-war/
Comment: How much is it going to cost the taxpayer to pay for this bailout to farmers who are impacted by foreign retaliation caused by Trump's trade war?
Reuters: UPS to cut 20,000 jobs on likely lower Amazon shipments, profit beats estimates
https://www.reuters.com/markets/us/ups-reports-fall-first-quarter-revenue-2025-04-29/
Axios: Consumer confidence shows "pervasive pessimism"
https://www.axios.com/2025/04/29/consumer-confidence-jobs
NPR: U.S. coffee roasters face uncertainty as coffee-growing countries face steep tariffs
NPR: Trump is giving automakers a break on tariffs
https://www.npr.org/2025/04/28/nx-s1-5380249/trump-tariffs-automakers
Comment: Good news that some tariffs are being lowered, but this is yet another example of changing, inconsistent economic policy. Businesses can't plan when policy changes day to day.
CNN Poll: A growing majority says Trump has made the economy worse, with most skeptical of his tariff plans
https://www.yahoo.com/news/cnn-poll-growing-majority-says-200050543.html
Yahoo Finance: Trump Promised a Markets Boom. 100 Days In, Stocks Have Only Seen Damage
https://finance.yahoo.com/news/trump-promised-markets-boom-100-230000847.html
CNBC: China insists no tariff talks underway with Trump and Xi or top aides, despite U.S. claims
https://www.cnbc.com/2025/04/28/trump-xi-tariffs-china-bessent.html
marketplace.org: Where will U.S. farmers sell pork, cotton during trade war?
Comment: Important question for Alabama farmers?
Farm Progress: China says it doesn’t need U.S. grain as Brazil soybeans pour in
New York Post: US farmers in ‘full-blown crisis’ as Chinese orders for pork, soybeans plunge on Trump tariffs
Axios: Retail wipeout: Trump tariffs stoke fears of shortages and price hikes
https://www.axios.com/2025/04/26/trump-tariffs-shortages-prices-china-products
CNN: How Trump’s 145% China tariffs could crush American small businesses: ‘There’s no facility here that makes what we need’
https://www.cnn.com/2025/04/26/business/trump-tariffs-small-businesses/index.html
Yahoo Finance: South Korea to approach trade talks with US 'cautiously', industry minister says
https://finance.yahoo.com/news/south-korea-approach-trade-talks-112359965.html
CNN: Not feeling the trade war pain yet? Get ready
https://www.cnn.com/2025/04/25/business/trump-tariff-pain-customers-nightcap/index.html
How Trump’s promise of ‘Drill, baby, drill’ faded to ‘Delay, baby, delay’ for oil companies
https://www.yahoo.com/finance/news/trump-promise-drill-baby-drill-100000514.html
CNN: China quietly rolls back retaliatory tariffs on some US-made semiconductors, import agencies say
Yahoo Finance: China Cancels US Pork Shipments After Tariffs Raise Prices
https://finance.yahoo.com/news/china-cancels-us-pork-shipments-142436866.html
China cancels 12,000 metric tons of US pork shipments
https://www.yahoo.com/news/china-cancels-12-000-metric-203206832.html
BBC: China tells Trump: If you want trade talks, cancel tariffs
https://www.bbc.com/news/articles/c8dglmm5j52o
NBC News: Trump says the U.S. and China are 'actively' discussing tariffs. Beijing says that's false.
Video: 'Reality bites Donald Trump in the you know where': China contradicts the White House over tariffs
https://www.yahoo.com/news/reality-bites-donald-trump-know-202029262.html
Trump starts the clock for new tariffs to take effect | CNN Business
https://www.cnn.com/2025/04/23/business/new-tariffs-trump-weeks/index.html
Trump chaos has already damaged the economy. It may be too late to fix
https://www.cnn.com/2025/04/23/business/trump-tariffs-fed-damage
NBC News: The trucking industry hits the brakes with tariffs set to dent imports
Fact check: Trump lies about the price of eggs, groceries and gas
https://www.yahoo.com/news/fact-check-trump-lies-price-174116098.html
Trump’s tariffs driving thousands of layoffs at US manufacturing plants
https://share.newsbreak.com/creyfqyi
Trump economic approval rating falls to 37 percent: Survey
https://share.newsbreak.com/cretus44
The Tariffs Are Coming for Baby Products | WIRED
https://www.wired.com/story/tariffs-are-coming-for-baby-products/
Boeing CEO: China stopped taking aircraft amid Trump's trade war
https://www.cnbc.com/2025/04/23/boeing-ceo-trump-trade-war-tariffs-china.html
China tariffs will ‘come down substantially,’ Trump says, hinting at major U-turn on trade war | CNN Business
https://www.cnn.com/2025/04/22/business/trump-china-trade-war-reduction-hnk-intl/index.html
Comment: Is this a real change in trade policy, or just the daily message fluctuation resulting from Trump's mood on any given day?
AP News: US Treasury secretary says trade war with China is not ‘sustainable’
CNBC: Bessent says he expects 'de-escalation' in U.S.-China tariff fight in the 'very near future'
https://www.cnbc.com/2025/04/22/bessent-trump-tariffs-china-deescalate.html
Comment: "Treasury Secretary Scott Bessent told investors in a closed-door meeting Tuesday he expects 'there will be a de-escalation' in President Donald Trump's trade war with China in the 'very near future,' a person in the room told CNBC." Is Bessent providing inside information to a select group of investors, without notifying the public? Is this why the market soared today? Who traded before the news was leaked to the public?
CNN: Trump’s trade war will hit US prosperity hard, IMF warns
https://www.cnn.com/2025/04/22/economy/imf-us-global-economies-tariffs-intl/index.html
Collections on millions of student loans risk slowing the economy, experts say - ABC News
The Hill: Trump’s attacks on Fed’s Powell ramp up GOP’s economic fears
https://thehill.com/homenews/senate/5259689-trump-attacks-federal-reserve/
Axios: Trump edges closer to crossing the market's reddest line
https://www.axios.com/2025/04/22/trump-powell-fed
Wall Street and the dollar tumble as investors retreat further from US | AP News
https://apnews.com/article/stocks-markets-rates-inflation-trump-68a6a7f7765d78d46329abbecfbe0797
WSJ: Fed, Tariff Fears Send Dow Down More than 900 Points
https://www.wsj.com/finance/stocks/global-stocks-markets-dow-news-04-21-2025-5bdd7935
CNN: US stocks tumble and dollar hits three-year low as Trump continues to bash Fed Chair Powell
https://www.cnn.com/2025/04/21/investing/us-stock-market/index.html
CNBC: Trump ramps up attacks on Powell, demands 'loser' Fed chair lower rates 'NOW'
https://www.cnbc.com/2025/04/21/trump-powell-attacks-interest-rates-fed.html
NPR: China warns of 'countermeasures' against any deals that harm its interest
https://www.npr.org/2025/04/21/g-s1-61668/china-tariffs-trump-trade
Fact check: Trump falsely claims grocery prices are down
https://www.cnn.com/2025/04/17/politics/fact-check-trump-grocery-prices-down
Fact check: Trump falsely claims gas prices hit $1.98 in some states
https://www.cnn.com/2025/04/17/politics/fact-check-trump-gas-prices-false-claims
Politico: Bessent privately urges caution as Trump attacks Powell
https://www.politico.com/news/2025/04/17/trump-powell-fired-fed-00295552
Axios: Can Trump fire Fed chair Jerome Powell? Here's what to know.
https://www.axios.com/2025/04/17/trump-fire-jerome-powell-fed-humphreys-executor
CNN: Mortgage rates climb to highest level in two months as Trump’s tariffs continue to rock markets
https://www.cnn.com/2025/04/17/economy/mortgage-rates-trade-war-tariffs/index.html
CNN: Trump’s showdown with China deepens, with huge stakes for the economy
https://www.cnn.com/2025/04/13/politics/trump-china-xi-trade-war-recession-fears/index.html
Trump has tariffs, taxes, and the debt ceiling on a collision course for this summer
The Hill: House Democrat blasts tariffs reversals: ‘Chaos and confusion isn’t good for anybody’
https://thehill.com/homenews/house/5247044-gabe-amo-criticizes-trump-tariffs/
Secretary Lutnick pours cold water on tech tariff exemptions - TheStreet
https://www.thestreet.com/technology/secretary-lutnick-pours-cold-water-on-tech-tariff-exemptions
Comment: Yet another reversal.
CNBC: Trump exempts phones, computers, chips from new tariffs
https://www.cnbc.com/2025/04/12/trump-exempts-phones-computers-chips-tariffs-apple-dell.html
Comment: Trump gets to pick economic winners and losers. Is tribute or market manipulation involved in his decisions?
Experts warn of compounding insurance crises setting the stage for a major fallout: 'That is going to spill over into housing markets'
https://www.yahoo.com/news/experts-warn-compounding-insurance-crises-104523871.html
Consumers now face "tariff surcharges" for some goods as companies pass along costs
https://www.cbsnews.com/amp/news/trump-tariff-surcharge-prices/
Postage Stamps Are Jumping Up in Cost Again. Here's the Last Day to Buy Before the Proposed Price Hike
Axios: After Trump tariffs, global investors don't trust the U.S.
https://www.axios.com/2025/04/11/trump-tariffs-china-global-investors
AP News: Freak sell-off of ‘safe haven’ US bonds raises fear that confidence in America is fading
https://apnews.com/article/treasurys-bond-market-yield-tariff-46b4818710f01b8cc93fd002081167b0
Yahoo Finance: US bond funds hit by heavy outflows as recession, inflation fears mount
https://finance.yahoo.com/news/us-bond-funds-hit-heavy-120021775.html
China says it's raising tariffs on U.S. goods to 125% - CBS News
https://www.cbsnews.com/news/china-says-it-will-raise-tariffs-on-u-s-goods-to-125/
Trade war escalates as China says it will raise tariffs on US goods to 125% | AP News
https://apnews.com/article/china-us-trump-tariffs-2e05057e973e1e26d1b95c5be003b4cd
Beijing slaps 125% tariffs on U.S. goods in latest U.S.-China trade escalation : NPR
https://www.npr.org/2025/04/11/nx-s1-5361056/china-us-trade-war-tariffs-escalation
US consumer sentiment plummets to second-lowest level on records going back to 1952 | CNN Business
https://www.cnn.com/2025/04/11/economy/us-consumer-sentiment-april/index.html
Stock market today: Dow slides 1,000 points, Nasdaq, S&P 500 clobbered as stocks resume Trump tariff sell-off
Trump threatens to put higher tariff rate back if countries don’t strike deals
https://www.yahoo.com/news/trump-threatens-put-higher-tariff-185657021.html
Comment: More threats and chaos in the future?
CNBC: Trump dodged a disaster from the bond market, but the damage isn’t over yet
Axios: Trump blinked, but the global economy will never be the same
https://www.axios.com/2025/04/10/trump-pauses-tariffs-90-days-china
CNN: Trump’s day of tariff mayhem contains a scary lesson for his second term
Trump’s morning ‘buy’ call nets huge returns for those who listened
Comment: Information for insider trading?
"Investors who followed President Donald Trump’s blunt advice to buy stocks on Wednesday morning received a windfall when the president hours later rolled back some of his market-roiling tariffs."
Trump administration accused of 'market manipulation' with tariff reversal: 'WTF! Who's in charge?'
Stock market today: Dow explodes 3,000 points higher, S&P 500 has best day since 2008 as Trump pauses most reciprocal tariffs
BBC: What would a US-China trade war do to the world economy?
https://www.bbc.com/news/articles/c4g2089vznzo
US Postal Service seeks to hike cost of a first-class stamp to 78 cents - ABC News
https://abcnews.go.com/US/wireStory/us-postal-service-seeks-hike-cost-class-stamp-120656899
CNN: Rally in US stocks evaporates as White House doubles down on China tariffs
https://www.cnn.com/2025/04/08/investing/us-stock-market-dow-tariffs/index.html
Jeffries accuses Trump of tanking the economy to create opportunities for the rich
https://share.newsbreak.com/cjcdrvhs
Comment: Jeffries accusation was on Monday, April 7th. On Wednesday, April 9th, Jeffries was proven correct, as suddenly Trump paused most reciprocal tariffs.
U.S. stocks fall again, wiping out earlier gains as Trump tariff shock remains
https://www.npr.org/2025/04/08/nx-s1-5355624/world-markets-international-trump-tariffs
Trump's tariff talks had "nothing to do with the market," Bessent says
https://www.axios.com/2025/04/08/futures-stock-market-trump-tariffs
Comment: The stock market reaction would suggest otherwise.
CNN: Tariffs on China set to rise to at least 104% on Wednesday, White House says
https://www.cnn.com/2025/04/08/business/trump-china-tariff/index.html
CNBC: China says it will 'fight to the end' after Trump threatens 50% additional tariffs
NBC News: China vows to ‘fight to the end’ if Trump raises tariffs to 104%
https://www.nbcnews.com/news/world/china-vows-fight-end-trump-raises-tariffs-104-rcna200138
BBC: Donald Trump threatens new 50% tariffs on China
https://www.bbc.com/news/articles/c8rgkkl7v8lo
Reuters: Dow, S&P 500 end wild session lower, Trump digs in on tariffs
Trump threatens more tariffs on China as global markets shudder over how much pain economy can take | AP News
https://apnews.com/article/trump-tariffs-stock-market-52a00ea2bb92a067ee72343941b02cd4
US plans to hike existing duties on Canadian lumber — even before planned tariffs hit
https://amp.cnn.com/cnn/2025/04/07/economy/us-double-canadian-lumber-duties
Carscoops: Audi Stops Sending Cars To US Amid Tariff Shock
https://www.carscoops.com/2025/04/audi-stops-sending-cars-to-us-amid-tariff-shock/
Bessent says Americans who are ready to retire aren't worried about 'day-to-day' fluctuations
Comment: More "Spin"?
ABC News: Trump's top economic adviser says 50 countries have reached out to negotiate tariffs
Comment: Here's the Administration's "spin." We can check the Administration's credibility by evaluating future impacts to our economy and foreign relations. Right now, neither appear to be doing very well.
Yahoo: Five things to know about the US$5 trillion market selloff that is roiling the globe
https://ca.finance.yahoo.com/news/five-things-know-us-5-221915116.html
Markets plunge with S&P 500 down 6% and Dow down 2,200 after China retaliates against Trump tariffs
https://www.yahoo.com/finance/news/asian-stocks-slid-wall-street-032919278.html
CNBC: Dow drops 2,200 points Friday, S&P 500 loses 10% in 2 days as Trump's tariff rout deepens: Live updates (04/04/25)
https://www.cnbc.com/2025/04/03/stock-market-today-live-updates.html
Axios: Fed's Powell: Tariff inflation could persist, slower growth likely
https://www.axios.com/2025/04/04/fed-powell-tariffs-inflation-growth
The Guardian: China hits back hard at ‘bullying’ Trump tariffs as global recession fears grow
Axios: Foreign visits into the U.S. fell off a cliff in March
https://www.axios.com/2025/04/04/foreign-visits-american-airports-travel-warnings
Politico: ‘This Could Get Much Uglier’: The Fatal Flaw in Trump’s Trade War
https://www.politico.com/news/magazine/2025/04/03/trump-tariffs-manufacturing-confusion-00267945
CNN: DOGE drove layoff announcements to their third-highest-ever level in March
https://www.cnn.com/2025/04/03/economy/us-jobs-report-preview-march-doge-layoffs/index.html
Axios: Coffee, shrimp, other food prices could soar with Trump tariffs
https://www.axios.com/2025/04/03/trump-tariffs-food-prices-coffee
Axios: Trump takes the ultimate risk with the global economy
https://www.axios.com/2025/04/03/trump-global-trade-war
Trump tariffs list: The US global tariffs plan at a glance - BBC News
https://www.bbc.com/news/articles/c1jxrnl9xe2o
10 grocery items likely to see higher prices due to tariffs : NPR
https://www.npr.org/2025/04/04/nx-s1-5351324/tariffs-higher-grocery-prices-trump
NPR: It's been a wild rollout of Trump's tariffs. Here's how we got here
https://www.npr.org/2025/04/02/nx-s1-5345926/trump-tariffs-timeline
NBC News: Goods imported from China now face a 54% tariff rate
NPR: Today is Trump's 'Liberation Day.' What does that mean for tariffs?
https://www.npr.org/2025/04/02/nx-s1-5345802/trump-tariffs-liberation-day
Yahoo: ‘Very disturbing’: Canadians flee Florida, worrying business owners
https://www.yahoo.com/news/very-disturbing-canadians-flee-florida-144513765.html
Jim Cramer: Trump is the ‘one person who’s standing in the way of a great economy’
https://share.newsbreak.com/celupstt
NPR: Trump is betting the economy on his tariff theory
https://www.npr.org/2025/04/01/1241995539/trump-tariff-liberation-day-strategy
Axios: Canadians' demand for U.S. travel is cratering
https://www.axios.com/2025/03/31/canada-us-travel
CNN: Recession odds are rising as Trump’s trade war escalates, Goldman Sachs says
https://www.cnn.com/2025/03/31/business/recession-tariffs-goldman-sachs/index.html
CNBC: First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey
Axios: The s-word rippling through Wall Street and Main Street
https://www.axios.com/2025/03/30/stagflation-economy-inflation-growth
CNN: Trump says he ‘couldn’t care less’ if auto prices rise because of tariffs
https://www.cnn.com/2025/03/29/business/trump-auto-prices-tariffs/index.html
Markets News, March 28, 2025: Stocks Plunge on Hot Inflation Reading, Weak Consumer Sentiment; Major Indexes Post Weekly Losses as Recovery Stumbles
https://www.investopedia.com/dow-jones-today-03282025-11704900
Americans haven’t been this worried about rising unemployment since 2009, survey shows | CNN Business
https://www.cnn.com/2025/03/28/economy/us-consumer-sentiment-march/index.html
CNN: Why the American consumer is fed up
https://www.cnn.com/2025/03/28/business/consumer-economy-recession/index.html
Trump tariffs slam US airlines as travel demand falters
Canadians pull back on U.S. trips, threatening to widen travel deficit
https://www.cnbc.com/2025/03/28/canada-united-states-travel.html
Yahoo Finance: Trump wants to replace income tax with tariffs — how would this affect middle-class Americans?
https://finance.yahoo.com/news/trump-wants-replace-income-tax-121400084.html
US Travel Warnings Could Cost Tourism Industry $120 Billion: Expert - Newsweek
https://www.newsweek.com/us-travel-warnings-could-cost-tourism-120b-2051535
CNN: The job market is ‘frozen.’ That’s not a good sign for DOGE casualties
https://www.cnn.com/2025/03/27/economy/us-jobless-claims-doge-federal-applications/index.html
Automakers aren’t rushing to move production to US factories to avoid tariffs | CNN Business
https://www.cnn.com/2025/03/27/cars/us-automakers-production-tariffs-analysis-intl-hnk/index.html
'Tesla wins, Detroit bleeds': Wall Street analysts say Musk is clear auto tariff winner
Axios: "Chaos and uncertainty": Canadian leaders blast U.S. auto tariffs
https://www.axios.com/2025/03/27/trump-tariffs-canada-autos
Yahoo Finance: Shares of GM and other automakers slump following Trump tariffs, with Tesla the exception
https://finance.yahoo.com/news/shares-gm-other-automakers-slump-151649890.html
Yahoo Finance: Planned US auto tariffs shake global industry as price hikes, job losses loom
https://finance.yahoo.com/news/auto-industry-rocked-trumps-25-005508916.html
Forbes: The Perfect Storm: Steel Tariffs, 25% Auto Tariffs, China Ship Fees
BBC.com: Trump announces 25% tariffs on car imports to US
https://www.bbc.com/news/articles/cly341xr45vo
Axios: How Medicaid and SNAP cuts could affect your state
https://www.axios.com/2025/03/26/medicaid-snap-cuts-map
Comment: Click on map for estimated job losses in each state.
CNN International: Consumer confidence plummets to lowest level since January 2021
https://edition.cnn.com/2025/03/25/economy/us-consumer-confidence-march-recession/index.html
POLITICO: Consumer confidence in future job prospects plunges to 12-year low
https://www.politico.com/news/2025/03/25/consumer-confidence-inflation-job-market-00247264
Axios: Debt stress signals growing cracks in household finances
https://www.axios.com/2025/03/25/consumer-confidence-debt-student-loans
Watchdog warns DOGE cuts threaten financial system
https://www.axios.com/2025/03/24/fdic-doge-banks-regulator
Trump says any country buying Venezuelan oil will face a 25% tariff
https://www.cnn.com/2025/03/24/business/trump-venezuela-oil-tariffs/index.html
Yahoo Finance: Trump Signs Executive Order To Decrease Federal Spending: 4 Ways That Could Impact Your Wallet
https://finance.yahoo.com/news/trump-signs-executive-order-decrease-120111716.html
Cato Institute: The Long-Term Reputational Costs of Trumpian Protectionism
https://www.cato.org/blog/long-term-reputational-costs-trumpian-protectionism
TIME: Trump’s Self-Inflicted Economic Wounds
https://time.com/7269516/trumps-self-inflicted-economic-wounds/
Commerce Secretary Lutnick reportedly told friends in private he’s ‘not thrilled’ with Trump’s whipsaw approach to tariffs
https://www.yahoo.com/news/commerce-secretary-lutnick-reportedly-told-174906213.html
New home construction is stalling as homebuilder sentiment sours over Trump’s tariffs, economists say
https://share.newsbreak.com/c6cf0hwv
Canadian airline cancels flights to Tennessee as other US routes suspended
https://www.yahoo.com/news/canadian-airline-cancels-flights-tennessee-122804499.html
Powell: Trump tariffs will ‘delay’ progress against inflation
Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey
Retail sales came in weaker than expected, another bad sign for the US economy | CNN Business
https://www.cnn.com/2025/03/17/economy/us-retail-sales-february/index.html
NBC News: Are we heading into a recession? Here’s what the data shows
The Guardian US: Americans increasingly worried about tariffs despite Trump’s assurances, new poll shows
https://www.theguardian.com/us-news/2025/mar/17/trump-tariffs-recession-poll
Forbes: Recession Warning Signs Are Flashing Red As Consumer Confidence Collapses
Fortune: From $500 to $5000: Millennials are watching monthly student loan payments skyrocket funder Donald Trump
Stock market today: S&P 500 enters correction, Dow sinks 500 points amid Trump's latest tariff threats
Video: ‘Idiotic and Dangerous’: Republicans running out of answers for Trump torching the economy
https://www.yahoo.com/news/iditotic-dangerous-republicans-running-answers-204416689.html
CNN: Trump threatens 200% tariff on European alcohol as trade war escalates
https://www.cnn.com/2025/03/13/business/alcohol-tariffs-eu-trump-trade-war/index.html
Amid U.S.-Canada trade war, Trump makes some false or misleading claims to justify tariffs.
https://www.cbsnews.com/amp/news/trump-tariffs-canada-trade-fact-check/
BBC.com: Trump: Tariffs on Indian drugs will be a bitter pill for Americans
https://www.bbc.com/news/articles/ckg8ke45gq0o
Europe Hits Back at Trump Tariffs by Targeting Republican States
https://www.yahoo.com/news/europe-hits-back-trump-tariffs-131301710.html
The Associated Press: Canada and the EU swiftly retaliate against Trump’s steel and aluminum tariffs
AL.com: Alabama among states with products targeted by EU tariffs
https://www.al.com/news/2025/03/alabama-among-states-with-products-targeted-by-eu-tariffs.html
Video: Trump's 25 percent tariffs on steel and aluminum imports take effect, Europe retaliates
NPR: The U.S. buys electricity from Canada. Now it's a focus of the trade war
NPR: Stocks sink again, as Trump doubles down on tariffs
https://www.npr.org/2025/03/11/nx-s1-5324700/tariffs-stocks-wall-street-trump-priorities-markets
CNN: How the US economy went from booming to a recession scare in only 20 days
https://www.cnn.com/2025/03/11/business/recession-economy-trump-dow-stocks/index.html
ABC News: Trump vowed to make the economy better on Day 1. Now he says the US is in 'transition.'
https://abcnews.go.com/Politics/trump-vowed-make-economy-day-1-now-us/story?id=119674028
NPR: As Trump downplays economic fears, this data shows people feel differently
https://www.npr.org/2025/03/11/nx-s1-5323098/trump-economy-uncertainty-tariffs-confidence
The Associated Press: EU chief says member countries must use a new defense loan to buy European, not American
https://apnews.com/article/eu-defense-spending-us-ukraine-8cbd54ba81c086aa8e47ea3a0971febb
POLITICO: USDA cancels $1B in local food purchasing for schools, food banks
POLITICO: Ontario imposes fee on power exports, warns of potential cutoff new over Trump's tariff threats
https://www.politico.com/news/2025/03/10/ontario-premier-ratchets-up-pressure-over-tariffs-00221052
Dow falls by almost 900 points in market rout after Trump says he won’t rule out a recession | CNN Business
Stock market today: Dow sinks 900 points, Nasdaq plunges 4% in worst day since 2022
Axios: Trump's economic shock therapy
https://www.axios.com/2025/03/09/trump-economic-shock-inflation-recession-markets
Video: Steve Kornacki: How the economy is responding to Trump’s on-again, off-again tariff
https://www.youtube.com/watch?v=4mbT5l6BK3w
Video: Commerce Sec. Lutnick says foreign goods may get 'more expensive' with tariffs: Full interview
https://www.youtube.com/watch?v=wqpZLwXKCmI
Comment: Lutnick's claim that it's all about fentanyl sounds like total BS to me. What do you think?
Video: Looming tariffs rattle economy
https://www.youtube.com/watch?v=Lqs2A9PgjGQ
Video: ‘Investors are spooked’ by Trump’s ‘whiplash’ on tariffs: Fmr. Biden economic advisor
https://www.youtube.com/watch?v=ISPuX2hhmes
Video: 'Reverse Robin Hood on steroids': Former Labor Secy. torches Trump's economic policy
https://www.youtube.com/watch?v=20VQwkP22Co
Chances of US Recession Surge, Probability Model Forecasts - Newsweek
https://www.newsweek.com/probability-model-forecasts-us-recession-2041102
Treasury Secretary Scott Bessent says the economy may slow as part of a ‘detox’ from government spending
https://finance.yahoo.com/news/treasury-secretary-scott-bessent-says-172419577.html
Comment: More spin & BS
Trump threatens new tariffs on Canada, including 250% tax on dairy
https://www.cnn.com/2025/03/07/business/tariffs-trump-canada
Canada suspends imports from biggest US pork processing plant
https://www.yahoo.com/finance/news/canada-suspends-imports-biggest-us-162637398.html
Donald Trump's tariff roller coaster causes Republican lawmakers anxiety
https://thehill.com/homenews/senate/5178981-trump-tariffs-republican-whiplash/
Trump tariffs: US expands exemptions to Canada and Mexico tariffs - BBC News https://www.bbc.com/news/articles/c5y03qleevvo
Trump’s team promised governments would ‘eat’ its tariffs. Execs say they’re passing on at least 50% to consumers
https://www.yahoo.com/finance/news/trump-team-promised-governments-eat-113833282.html
Trump delays tariffs on many products from Mexico and Canada
https://www.theguardian.com/us-news/2025/mar/06/trump-canada-mexico-tariff-delay-exemptions
Trump walks back tariffs on a wide range of goods from Mexico and Canada for one month
Dow closes nearly 500 points higher, S&P 500 surges over 1% on hopes for Trump tariff concessions (Updated 03/05/25)
https://www.cnbc.com/2025/03/04/stock-market-today-live-updates.html
Tariff rollercoaster: Trump temporarily pauses Canada, Mexico levies for autos
https://www.axios.com/2025/03/05/tariffs-canada-mexico-trump
Ontario Premier Doug Ford reacts to Trump's tariffs, plans to remove American liquor and implement surcharge on electricity - ABC News
Hopes of US golden age fade as investors start to worry about ‘Trumpcession’ risk
https://share.newsbreak.com/bxla5lhv
Yahoo Finance: Will Social Security's Restructuring Impact Your Monthly Benefits? Here's What To Know
https://finance.yahoo.com/news/social-securitys-restructuring-impact-monthly-213045785.html
NPR: American businesses reel as Trump tariffs start to bite
https://www.npr.org/2025/03/04/nx-s1-5316843/trump-tariffs-canada-mexico-us
What will cost Americans more from sweeping tariffs on Mexico, China and Canada | CNN Business
https://www.cnn.com/2025/03/04/economy/what-cost-more-americans-us-tariffs/index.html
China targets US soybeans, lumber in stepped-up response to Trump tariffs
https://finance.yahoo.com/news/china-suspends-soybean-imports-three-105704278.html
Dow tumbles again, loses more than 1,300 points in two days as Trump ignites trade war: Live updates (Updated 03/04/25)
https://www.cnbc.com/2025/03/03/stock-market-today-live-updates.html
The Guardian US: China and Canada retaliate after Trump trade tariffs come into effect
https://www.theguardian.com/us-news/2025/mar/04/trump-tariffs-canada-mexico-china
Canada hits back at US tariffs after warning of 'existential threat' - BBC News
https://www.bbc.com/news/articles/c89ye749nxvo
Trump tariffs on Canada and Mexico take effect | AP News
https://apnews.com/article/trump-tariffs-canada-mexico-china-643086a6dc7ff716d876b3c83e3255b0
Trump's tariffs will raise the roof on home prices
https://www.yahoo.com/finance/news/trumps-tariffs-raise-roof-home-154956826.html
The Hill: Canadian premier says he will cut off electricity exports to US ‘with a smile on my face’
https://thehill.com/policy/international/5173914-ontario-premier-doug-ford-tariff-threat/
Dow tumbles 650 points as Trump confirms tariffs on Mexico and Canada will start Tuesday
https://www.yahoo.com/finance/news/dow-tumbles-650-points-trump-210336722.html
USA TODAY: 'No room left': Trump says 25% tariffs on imports from Canada, Mexico begin on Tuesday
China Readying Tariff Countermeasures on U.S. Agriculture
https://www.agriculture.com/china-readying-tariff-countermeasures-on-u-s-agriculture-11689435
Trump’s 25% tariffs on Canada and Mexico will hurt automakers : NPR
https://www.npr.org/2025/03/03/nx-s1-5316162/trump-tariffs-canada-mexico-cars-auto-industry
Social Security payments could suffer interruption soon as DOGE causes ‘system collapse,’ former commissioner warns—‘start saving now’
https://www.yahoo.com/news/social-security-payments-could-suffer-172129159.html
The Associated Press: The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Comment: When all else fails, just "cook the books."
The US economy has suddenly been thrown into reverse as key GDP indicator flashes stunning negative forecast
Consumers cut spending by most in four years last month | PBS News
https://www.pbs.org/newshour/economy/consumers-cut-spending-by-most-in-four-years-last-month
Forbes: Here Comes The Job Market Downturn
https://www.forbes.com/sites/eliamdur/2025/02/28/here-comes-the-job-market-downturn/
Trump administration to impose tariffs on Mexico and Canada beginning March 4, will also double 10 percent tariffs on China | PBS News
Trump plans tariffs on Mexico and Canada for Tuesday, while doubling existing 10% tariffs on China
https://apnews.com/article/trump-tariffs-mexico-canada-71761a2894e13a050717afda4fd8131a
Trump creates more confusion on tariffs - POLITICO
https://www.politico.com/news/2025/02/26/trump-mexico-canada-tariff-confusion-00206197
Inflation, looming trade war take a toll as confidence of the U.S. consumer tumbles | AP News
Consumers Sound Alarm on Trump Economy as Expectations Reach Recession Level | Economy | U.S. News
Consumer confidence falls by the most since 2021 : NPR
https://www.npr.org/2025/02/25/nx-s1-5307965/consumer-confidence-sentiment-inflation-trump-tariffs
The Guardian US: US consumer confidence plunges in February in its biggest decline in four years
https://www.theguardian.com/us-news/2025/feb/25/consumer-confidence-february
Trump launches review that could lead to copper tariffs - POLITICO
https://www.politico.com/news/2025/02/25/trump-copper-tariffs-00206039
Forbes: DOGE Layoffs Pose ‘Growing’ Risk To U.S. Economy And Markets, Says Apollo Economist
Alabama Political Reporter: Farmers in Alabama and across the U.S. hurt by USDA funding freeze
Tariffs And Policy Repeals Could Force U.S. Auto Industry To Fail, Ceding Economic Growth To China
The Dow plunges 750 points as bad economic news piles up fast
https://finance.yahoo.com/news/dow-plunged-400-points-unitedhealth-161000364.html
CNN: Dow tumbles more than 700 points as inflation and tariff fears mount
https://www.cnn.com/2025/02/21/investing/stock-market-dow-jones/index.html
‘Very, Very Bad’: Ex-Government Economist Makes Bleakest Trump Prediction
https://www.yahoo.com/news/very-very-bad-ex-government-113952320.html
The New Republic: A Furious Trump Is Learning That Food Prices Are Out of His Control
https://newrepublic.com/post/191764/trump-inflation-egg-food-prices
China’s Tariffs Hit U.S. Coal, Oil, and LNG Exports | OilPrice.com
https://oilprice.com/Energy/Energy-General/Chinas-Tariffs-Hit-US-Coal-Oil-and-LNG-Exports.html
Video: The Truth About Trump’s Tariffs - Robert Reich
https://www.youtube.com/watch?v=AfVGUiet39E
Trump says he's considering auto tariffs in the "neighborhood of 25%"
The Hill: Trump on potential EU food imports ban: ‘Let them do it’
https://thehill.com/homenews/administration/5148895-trump-eu-trade-war-food-imports/
Comment: Impact to Wiregrass farmers?
Cutting funding for science can have consequences for the economy, US technological competitiveness
The American Prospect: Banks Approve of Republicans Increasing Bank Fees
https://prospect.org/economy/2025-02-17-banks-approve-of-republicans-increasing-bank-fees/
Forget Trump’s tariffs, the president’s bond market threat is worse | Heather Stewart | The Guardian
NBC News: Small businesses struggle to find their footing one month into Trump 2.0
Sen. McConnell: Trump tariffs are bad policy. At $1,200, Kentuckians will pay the price.
https://www.yahoo.com/news/sen-mcconnell-trump-tariffs-bad-100913093.html
Axios: Trump promises to target VAT systems, putting 175 countries on notice
https://www.axios.com/2025/02/15/trump-vat-tariff-europe
The Associated Press: New tariffs announced and Trump and Modi meet
https://apnews.com/live/trump-presidency-updates-2-13-2025
The Associated Press: The latest inflation report shows that high prices are Trump’s major economic challenge
https://apnews.com/article/trump-inflation-tariffs-prices-consumer-50c4738216756499c8cdc17ab77d6d4f
BBC.com: US inflation unexpectedly increases
https://www.bbc.com/news/articles/c3d57zm9m0po
CNBC: Trump's Mexico and Canada tariffs could add nearly $6,000 to the average cost of a car, by one estimate
President Trump's tariff impact: Why Alabama auto industry could suffer
What would Alabama stand to lose in a trade war with Mexico and Canada? - al.com
TheTravel: Canadians Say "Adios" to Disney World and Universal Studios, Canceling Their U.S. Trips and Going Here Instead for Their Summer Vacations
Comment: Many drive down US Hwy 231 on their way to Florida and stay in our motels, buy our gas, and eat in our restaurants.
The Associated Press: US inflation got worse with rising prices on groceries and gasoline
https://apnews.com/article/inflation-economy-federal-reserve-48e77a855078b37bf3ccd58c9db94c82
Forbes: Chevron Will Lay Off Up To 20% Of Employees—Impacting Up To 9,100
Tariffs atop tariffs? White House says levies on Canada would be cumulative
https://www.cbc.ca/news/world/white-house-cumulative-tariffs-1.7456590
Fortune: Europe's revenge on U.S. tariffs will hit America where it hurts most, targeting treasured exports like bourbon, jeans, and motorcycles
The US Sun: Ford CEO warns brand is ‘maxed out’ and will be forced to make huge cuts in WEEKS due to tariffs – despite...
https://www.the-sun.com/motors/13496186/ford-ceo-warns-brand-cuts-tariffs/
The goods facing higher prices from US metal tariffs - BBC News
https://www.bbc.com/news/articles/c3vp06k90d5o
The Associated Press: Trump says he will announce 25% steel and aluminum tariffs Monday, and more import duties are coming
ABC News: Migrant farm workers go on high alert amid immigration raids
A potential labor shortage could have a severe impact on the U.S. economy.
https://abcnews.go.com/US/migrant-farm-workers-high-alert-amid-immigration-raids/story?id=118434172
POLITICO: ‘Reciprocal’ tariffs on every country to be announced next week, Trump says
https://www.politico.com/news/2025/02/07/trump-reciprocal-tariffs-announced-next-week-00203165
TIME: Here’s Where China’s Retaliatory Tariffs on the U.S. Could Hit Hardest
https://time.com/7213855/china-retaliatory-tariffs-impact/
CNBC: Tariffs: How they work, who pays for them and why Trump loves them
https://www.cnbc.com/2025/02/06/tariffs-trump-china-canada-mexico-explainer.html
OilPrice.com: Drill Baby Drill Is Dead, Oil Executives Say
https://oilprice.com/Latest-Energy-News/World-News/Drill-Baby-Drill-Is-Dead-Oil-Executives-Say.html
Yahoo Finance: 'I Love Canada More Than I Love Spotify'—Canadians Are Canceling Netflix, Amazon, Disney+, And Spotify En Masse, Despite The Tariff Pause
https://finance.yahoo.com/news/love-canada-more-love-spotify-203038519.html
NPR: Here's how Trump's tariffs could impact you and your wallet
Axios: Fed official: Ignoring supply chain risks from tariffs could fuel inflation
https://www.axios.com/2025/02/05/tariff-inflation-fed-goolsbee-supply-chain
The Associated Press: Mexican border cities are in limbo as tariff threats spark fears of a recession
https://apnews.com/article/mexico-us-trade-tariffs-trump-8d754294e6ca482dbb382f029bdbfcad
TheStreet: Canada’s call to cancel U.S. travel could mean massive losses
https://www.thestreet.com/travel/canadas-call-to-cancel-u-s-travel-could-mean-massive-losses
USA TODAY: China restricts metal exports in response to US tariffs. Why they're important.
The Guardian US: US health department condemns private equity firms for role in declining healthcare access
https://www.theguardian.com/us-news/2025/feb/06/private-equity-healthcare
Trump’s spending halts raise concerns for Kansas farmers, global stability
Trump says Americans could feel 'some pain' from tariffs as he threatens more import taxes | AP News
Elon Musk creates confusion about IRS’ Direct File — but the free tax program is still available
https://apnews.com/article/irs-direct-file-musk-18f-6a4dc35a92f9f29c310721af53f58b16
WIRED: USPS Halts All Packages From China, Sending the Ecommerce Industry Into Chaos
https://www.wired.com/story/tariffs-trump-ecommerce-amazon-temu/
China strikes back at Trump, retaliating with new tariffs as it 'firmly opposes' US plan - ABC News
The Associated Press: Wall Street swings after Trump announces tariffs and then puts some on hold
https://apnews.com/article/stock-market-trump-tariffs-5f365936ea9bdf45a0460556f3a5f4e8
Trump imposes tariffs on Canada, Mexico and China. Costs could increase | AP News
US consumer confidence dips again to start the year, according to business group | AP News
Forbes: What To Expect In The Job Market And Economy As The ‘Border Czar’ Deports People
How will the new U.S. tariffs on Canada, Mexico and China affect consumers?
Saskatchewan's Potash may be Canada's Trump Card | Mining & Energy
https://www.miningandenergy.ca/read/saskatchewans-potash-may-be-canadas-trump-card
Trudeau says Canada 'ready' for Trump tariffs as ministers make final push in D.C.
https://www.cbc.ca/news/politics/trudeau-trump-tariffs-1.7447136
Canada will bring ‘forceful but reasonable’ retaliation to Trump tariffs, Trudeau says | Canada | The Guardian
https://www.theguardian.com/world/2025/jan/31/trump-tariffs-canada-trudeau
Booze, oil and orange juice: How Canada could fight Trump tariffs - BBC News
https://www.bbc.com/news/articles/c93qnk92174o
Mexico has alternative plans to respond to Trump's tariff threats: President
Axios: Trump tariffs threaten to interrupt Americans' economic gains in recent years
https://www.axios.com/2025/01/31/trump-tariffs-canada-mexico-inflation
The Guardian: Why Trump tariffs will be ‘very bad for America and for the world’
https://www.theguardian.com/business/2025/jan/31/trump-tariffs-us-economy
Trump says Canada and Mexico to be hit with 25% tariffs on Saturday - BBC News
https://www.bbc.com/news/articles/ckg0m79gm10o
The Associated Press: Trump says tariffs on Canada and Mexico coming Saturday, and he's deciding whether to tax their oil
https://apnews.com/article/trump-tariffs-canada-mexico-oil-afb915762af6994573353135bcd30a1b
Trump White House rescinds memo freezing federal money after widespread confusion
https://apnews.com/article/donald-trump-pause-federal-grants-aid-6d41961940585544fa43a3f66550e7be
All federal grants and loan disbursement paused by White House
https://amp.cnn.com/cnn/2025/01/27/politics/white-house-pauses-federal-grants-loan-disbursement
Trump orders a funding freeze as his administration reviews federal loans and grants | AP News
https://apnews.com/article/donald-trump-pause-federal-grants-aid-f9948b9996c0ca971f0065fac85737ce
Forbes: GOP Plans Would Raise Taxes On Student Loan Borrowers, Students In School
Trump’s tariffs could raise car prices at dealerships — very quickly | CNN Business
https://www.cnn.com/2025/01/27/business/american-cars-trump-tariffs/index.html
Yahoo Finance: What are tariffs and how do they work?
https://finance.yahoo.com/news/tariffs-211432063.html
The Guardian US: Republicans reportedly ready to cut Medicaid funding to pay for Trump plans
https://www.theguardian.com/us-news/2025/jan/23/republicans-medicaid-funding-trump
Texas Public Radio: 'Everyone's nervous' — U.S. farmers gather in San Antonio ahead of mass deportations
Co-operate or else: Trump's Colombia face-off is warning to all leaders
https://www.bbc.com/news/articles/cglynrxjyl5o
Trump issuing ‘emergency 25% tariffs’ against Colombia after country turned back deportation flights
https://www.cnn.com/2025/01/26/politics/colombia-tariffs-trump-deportation-flights/index.html
The Associated Press: Trump tells Davos elite to invest in US or face tariffs
Canada will ‘respond robustly’ if Trump imposes ‘unfair tariffs,’ says PM Trudeau
The Guardian US: Trump executive orders threaten healthcare of millions of Americans
https://www.theguardian.com/us-news/2025/jan/22/trump-executive-orders-healthcare
AL.com: What is Trump going to do about the price of eggs? Inflation is not his ‘Number 1 issue’
Nobel economist Paul Krugman says Trump's policies will leave his blue-collar base feeling 'brutally scammed'
https://www.yahoo.com/news/nobel-economist-paul-krugman-says-142648313.html
POLITICO: Gone with the wind, in with the gas
Jamie Dimon says the 'Buffett Rule' approach to taxing the wealthy could solve America's debt problem
https://finance.yahoo.com/news/jamie-dimon-says-buffett-rule-014552492.html
Maddow Blog | To pay for tax breaks, Republicans reportedly weigh health care cuts
https://www.yahoo.com/news/maddow-blog-pay-tax-breaks-142354943.html
AutoZone Will Be Raising Prices For Consumers Thanks To Donald Trump’s U.S. Tariff Plans
https://share.newsbreak.com/a02ce4jh
3 Major Retailers Who Will Raise Prices Immediately Under Trump — Tariffs Play Key Role
https://www.yahoo.com/finance/news/3-major-retailers-raise-prices-150119217.html
CNN: Trump threatens 100% tariff on BRICS countries if they pursue creating new currency
https://www.cnn.com/2024/11/30/politics/trump-brics-currency-tariff/index.html
The Hill: Trump threatens ‘100% Tariffs’ on countries that buck US dollar: Find another ‘sucker’
US farmers gird for trade wars on Trump tariff pledges
https://share.newsbreak.com/9tggrt5a
Trump's proposed trade war raises the chances of a US recession to 75%, Wall Street strategist says
https://share.newsbreak.com/9tg8inf8
The exact thing that helped Trump win could become a big problem for his presidency
https://finance.yahoo.com/news/inflation-haunted-harris-trump-isn-103049029.html
Trump privatization plan will add thousands a year to typical mortgage: expert
Wall Street isn’t buying Trump’s deportation threats or Elon Musk’s spending cut claims
https://finance.yahoo.com/news/wall-street-isn-t-buying-100048935.html
For News Articles links from before the 2024 election, please go to:
https://sites.google.com/view/demoldnews/home/old-the-economy?authuser=0
There you will find a continuation of the news links & comments from the period prior to the November 2024 election. The article history can be viewed as follows:
www.dalecodemocrats.com (latest)
sites.google.com/view/dem2oldnews/home/ (Nov 2024 election - April 30, 2025)
sites.google.com/view/demoldnews/home/ (Prior to 2024 election)