Trump’s tariff plans could devolve into hostile trading blocs, this expert says

Date:

January 6, 2025

President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief economist at the International Monetary Fund.

Source link

Mindy Kaling Praises Meghan Markle’s Cooking: ‘Blew Me Out of the Water’

Avataar releases new tool to create AI-generated videos for products

Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Trump’s tariff plans could devolve into hostile trading blocs, this expert says

Recent posts

Harris now leads Trump in swing-state polls, according to one polling average

Under Armour’s ‘affinity for the underdog’ helps send stock toward record gain

China stimulus plans spark a commodities rally, but a soft landing still isn’t a sure bet

Businesses and families want these tax breaks. Congress might not deliver until at least next year.

Why Skittles, Cheez-Its and other snacks could get more expensive with this $36 billion merger

Michael Burry of ‘Big Short’ fame ups his bets on Chinese Internet stocks

Newell’s stock soars after earnings again, as turnaround efforts take shape

Oil prices tick higher as investors await OPEC+ decision

Starbucks stock rallies on hopes of a turnaround under its new CEO — the head of Chipotle Mexican Grill

U.S. Steel’s stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end

Boeing unveils $6 billion quarterly loss ahead of key vote by striking machinists

Investing legend Howard Marks shares how investors can take advantage of ‘irrational’ markets

Trump’s choice of Dr. Oz to oversee Medicare and Medicaid could be ‘devastating’ for millions of Americans

U.S. gold demand dropped in October, offering some voter insights for election day

4 life and investing lessons from NYSE icon Art Cashin, dead at 83

Related articles

McDonald’s new McValue menu foreshadows cheaper fast food elsewhere — and more struggles for chains, analysts say

Are ‘Magnificent Seven’ bonds now worth buying after months-long selloff?

Job openings reverse long decline, but the U.S. labor market is still not out of the woods

Tesla faces more risk than its stock reflects, prompting a downgrade

$119 billion of U.S. government debt to be issued this week, raising questions about demand

Mike Johnson elected House speaker, easing concerns over delays to market-friendly bills

New Orleans attack and Las Vegas Cybertruck explosion put car-rental app Turo in the spotlight

Why the U.S. economy is still strong despite the Fed’s 2022-23 rate hikes

Company

Follow us