Former Sears boss says CEOs won’t challenge Trump’s tariffs out of ‘cowardice’—but the holidays are fast approaching, and ‘the party is over’
He expects many shelves at retailers will be empty this holiday season.
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Even the author of ‘Trumponomics’ admits ‘tariffs are taxes—and taxes are bad’
Trump’s former economic advisor Stephen Moore tells Fortune tariffs have dragged down growth and raised prices, and says he’s concerned about Trump publicly dictating prices on drugs and beef.
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Europeans rush to Zelenskyy’s defence after tense Trump meeting
EU seeks to secure deal on frozen Russian assets and more sanctions on Moscow to show support for Ukraine
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China is well positioned for a trade showdown with Trump
Rare earths are not the only Chinese product that America would struggle to replace
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The boardroom bet on Trump’s industrial policy
CEOs would be wise to avoid staking too much on the US president’s pet projects