Trump, Tariffs and J.P. Morgan
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Newsweek |
President Donald Trump's widespread tariffs could put the U.S. economy "perilously close to slipping into recession" by driving up inflation and hurting consumer spending, JP Morgan's chief economist ...
Reuters |
Britain said it believed a trade deal with the United States was close as it sought to soften the impact of U.S. President Donald Trump's sweeping tariffs which threaten an escalating global trade wa...
Reuters |
Wall Street benchmarks slumped on Thursday, ending with the largest one-day percentage losses in years, as U.S. President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a g...
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The 10% or greater tariffs on imports from most countries worldwide announced Wednesday by President Donald Trump earned a scathing reaction from the top U.S. economist at the U.S’ biggest bank, JPMorgan Chase, leading a cold response from Wall Street to Trump’s plans to upend the global trade order.
By Nupur Anand and Niket Nishant (Reuters) -Shares of U.S. banks tumbled to multi-month lows on Thursday, after President Donald Trump's sweeping tariffs plan sparked fears of a recession and a slowdown in consumer spending that could hurt earnings.
Philadelphia Eagles superstar running back Saquon Barkley gifted a signed football to President Trump's 11-year-old grandson, Joseph.
And new polling shows that Americans are losing faith in how Trump is handling the economy. But Trump’s not backing down. On Wednesday, he’s expected to announce sweeping across-the-board tariffs on imported goods during a Rose Garden ceremony that he’s promoting as “Liberation Day” and the “rebirth of our country.
Investment bank JPMorgan downgraded its recommendation for emerging currencies to "underweight" on Thursday after U.S. tariffs exceeded its worst-case scenario.
Philadelphia Eagles running back Saquon Barkley met several members of President Trump's family and gave his grandson an autographed football.
Saquon Barkley, Philadelphia Eagles running back, gave a signed football to Ivanka Trump's son at the J.P. Morgan Tech 100 Summit. This act garnered mixed reactions online. Despite the social media speculation,
Bankers worldwide are paring back deals and generating less revenue. In the U.S., which accounts for almost half of global M&A transactions, first-quarter volume slipped 13% to $436.56 billion. And while IPO activity increased, a prolonged trade war will make it less palatable in the future, said Matt Witheiler of Wellington Private Investments.