Markets Recoil In Horror As Latest Trade Threat Sparks Global Stock Bloodbath
Global investors shuddered on Thursday at the prospect of the Trump administration raising the prospective tariff on an additional $200 billion in Chinese goods to 25% from 10%.
On Wednesday evening, officials confirmed that Trump has directed Robert Lighthizer to ponder more than doubling the planned rate on the next round of duties, a move ostensibly designed to force China to the table amid separate reports that Steve Mnuchin is attempting to get the ball rolling again on negotiations.�
Hey H, is there any place that records an updated Phillips curve? I’d love to see what effects this is having and yours was about the only outlet I could find suggesting the curve is not dead. When I search online I basically only hear about how the curve is “dead”