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Trump threatens 30% tariffs on EU and Mexico from August 1
US president announces new levies on trading partners in letters posted to social media
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Elon Musk’s feud with Donald Trump is hugely damaging to Tesla but don’t expect any action from the board
“They should, but they won’t.”
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The U.S. debt outlook is so dire it now resembles the student loan crisis, former White House economic adviser says
“I, like many other longtime doves, am joining the hawks, because our nation’s budget math just got a lot more dangerous.”
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Columbia may be nearing a truce with Trump in funding fight
It could set a precedent for deals with other universities President Donald Trump has gone after, including Harvard.
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Africa’s top garment exporter could fold under US tariffs, minister says
Lesotho, which supplies Levi’s and Wrangler, declares ‘state of disaster’ as Trump threat triggers job cuts
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Here’s how a $1,000 ‘Trump account’ could swell to $100,000 by age 21—and $2 million by 60—even with modest contributions from families
Families can contribute up to $5,000 a year into Trump accounts, with employers allowed to chip in up to $2,500 of that amount.
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Risk of Powell ouster is underpriced, Deutsche Bank strategist says
“Investors would likely interpret such an event as a direct affront to Fed independence, putting the central bank under extreme institutional duress.”
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The new age of geoeconomics
Donald Trump’s tariff threats are just part of a much wider shift. Gillian Tett explains why commerce is being subordinated to statecraft — and how we can adapt