Tag Archives: economic

Economic growth beats expectations as Trump tariffs loom

Economic growth beats expectations as Trump tariffs loom

China’s economy has beaten expectations even as US President Donald Trump’s tariffs and a prolonged crisis in the property market weigh on growth. Official figures show the world’s second largest economy grew by 5.2% in the three months to the end of June, compared to the same time last year. That’s better than the 5.1% forecast by many economists but …

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Economic council head says Trump’s ability to fire Fed’s Powell is ‘being looked into’

Economic council head says Trump’s ability to fire Fed’s Powell is ‘being looked into’

National Economic Council Director Kevin Hassett said Sunday that the president’s authority to fire Federal Reserve Chair Jerome Powell was “being looked into.” Asked in an interview on ABC News’ “This Week” whether he believes President Donald Trump has the authority to fire Powell, whom the president has repeatedly bashed over interest rates, Hassett said, “That’s a thing that’s being …

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Head of Trump’s economic council circles around questions on 50 percent tariff on Brazil – Politico

Head of Trump’s economic council circles around questions on 50 percent tariff on Brazil  Politico White House defends tariffs on Brazil despite trade surplus  ABC News – Breaking News, Latest News and Videos Opinion | Trump’s Brazilian Trade War  The Wall Street Journal Tariffs on Brazil Could Leave Coffee Drinkers With a Headache  The New York Times Trump says he will speak to Lula …

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