Trump says it's Biden's economy, but businesses and economists beg to differ
WASHINGTON (AP) -- When the stock market was climbing in January 2024, Donald Trump knew exactly who deserved credit: He did.
Paul Wiseman And Christopher Rugaber, The Associated Press
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Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered
WASHINGTON (AP) -- President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he'd imposed barely 13 hours earlier on dozens of countries while escalating his trade war with China. The moves triggered a powerful stock market rally on Wall Street but left businesses, investors and America's trading partners bewildered about what...
Trump's reciprocal tariffs will overturn decades of trade policy
WASHINGTON (AP) -- President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The "reciprocal'' tariffs that he announced Thursday are likely to create chaos for global businesses and conflict with America's allies and adversaries alike.
Trump's economic plans would worsen inflation, experts say
WASHINGTON (AP) -- With characteristic bravado, Donald Trump has vowed that if voters return him to the White House, "inflation will vanish completely."