In a prestigious gathering in Saudi Arabia, over 30 business leaders joined President Trump for lunch, discussing investments and corporate strategies amidst trade uncertainties. Key players like Elon Musk and Boeing's CEO were present.
In a surprising announcement, Jaguar Land Rover has confirmed it has no intentions of building cars in the US, citing President Trump's tariffs as a significant factor. This comes after a pause in shipments and growing concerns across the motor industry about the unpredictable trade landscape.
Despite fears of an economic slowdown fueled by Trump's trade policies, Wall Street executives express cautious optimism about the U.S. economy and investment opportunities at the Milken Institute Global Conference.
The U.S. stock market has made a remarkable recovery following President Trump's unexpected tariffs. After a dramatic drop, the S&P 500 is back to its April levels, but uncertainty looms as companies adjust forecasts amidst turbulent trade policies.
General Motors reveals that the Trump administration's tariffs will cost it $4-$5 billion this year, prompting a drastic cut in earnings projections. The auto giant's CEO, Mary Barra, warns of broader economic implications as tariffs loom over the industry.
In a dramatic Senate session, Vice President JD Vance cast a tie-breaking vote to kill a bipartisan effort aimed at blocking Trump's controversial tariffs, solidifying the president's trade policies amid economic concerns.
In a surprising statement, Trump suggested that children might receive only two dolls instead of the usual 30 due to potential trade policies affecting toy availability during the holiday season.
In a critical move, Senate GOP leaders have successfully defended Trump's tariffs, with Vice President Vance casting the tie-breaking vote. Despite economic contraction, the bill to rein in tariffs was rejected, signaling ongoing support for Trump's trade policies.
The latest economic report reveals that the U.S. economy contracted in the first quarter, highlighting the significant effects of Trump's tariffs on businesses and consumer confidence amidst rising uncertainty.
U.S. President Trump's trade war is wreaking havoc on major corporations. With companies like UPS cutting 20,000 jobs and GM abandoning outlooks, the uncertainty is palpable. Are consumers bracing for a major economic downturn?
