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Under the threat of tariffs, the USA's commodity trade deficit hits a historical record! The first quarter GDP is likely to face a severe setback.
Due to companies importing Commodities in large quantities to avoid tariff costs, the USA's trade deficit in Commodities expanded to a record 162 billion dollars in March.
Trump has criticized Powell again, this time without naming him.
A week after claiming he had no intention of firing Powell, Trump again publicly criticized the Federal Reserve, stating, "We have a Federal Reserve that is not performing well," and believes he understands interest rates "better than he does."
Trump Trade Wars Could Turn GDP Negative in the First Quarter. Here's Why.
As Investors Await Trade Deals, Trump Says He'll 'Be Nice' - but Not 'If It Takes Too Long'
Trump Touts 'Greatness' in Michigan Rally as Voters' Economic Concerns Mount
Trump's Speech Marking 100 Days in Office Is Coming in an Hour, as Tariffs Weigh on Markets
