Quotes
We have no chance unless he does tarifs and holds people to what's going on,
he told interviewer Larry Kudlow
Just a couple of weeks ago we were getting questions about whether we think the US economy’s re-accelerating - and now all of a sudden the R word is being brought up repeatedly
Gennadiy Goldberg, head of US interest rate strategy at TD Securities, told BloombergInvestors are beginning to realise that Trump’s policies might have negative consequences, even for people in the US where the prospect of recession is now being talked up
He added
The market volatility is much less about the bad news of tariffs and much more about the uncertainty of tariffs,
David Bahnsen, chief investment officer at the Bahnsen Group, told The New York Times
The most important thing that we have to leave here with is a strong sense that Ukraine is prepared to do difficult things.”
As he flew to Saudi Arabia for talks with senior Ukrainian officials, Rubio told reporters
In a world of so-called lowercase pop, Gaga still has the caps-lock on in a bold, 96-point font, like she did in 2009,
our critic Lindsay Zoladz wrote in a review of the albumI think it’s helped me feel more like I inhabit the role and that I’m living that lifestyle,
one saidTrump's leverage credibility with tariffs is quickly eroding,
says Alfonso Peccatiello, chief investment officer at Palinuro Capital
We're going to take in hundreds of billions of dollars in tariffs and we're going to become so rich, you're not going to know where to spend all that money,
Trump said
It’s starting to have the intended effect of onshoring in the US,
Hassett said, citing recent job figures that showed an increase of 10,000 manufacturing jobs in February
Everyone is talking about uncertainty. Surely there’s uncertainty in exactly how the trade policy will work itself out, but the tax policy is almost sure to work,
Hassett saidYou are going to see over the next two years the greatest set of growth coming from America,
Lutnick saidWe are in the throes of a manufactured correction,
Sam Stovall, chief investment strategist at CFRA Research, told CNBCDespite a calm exterior, (Fed policymakers) grow increasingly anxious about the rising risks to both sides of the mandate and the institution's ability to resist pressure from U.S. President Donald Trump to cut rates should the labor or financial markets begin to slide before the Fed can gauge the inflationary impacts of not just tariffs, but the entire Trump agenda,
Tim Duy, chief U.S. economist at SGH Macro Advisors, wrote in a noteMarkets are now starting to get concerned about the prospects for growth in 2025,
said Paul Donovan, the chief economist at UBS global wealth managementWhile we did expect growth-constraining policies (tariffs and immigration controls) to precede growth-supportive initiatives (tax cuts and deregulation), their severity has been greater than we anticipated. This is especially the case with tariffs, which have come in faster and broader than we had penciled in,
it saidWhile President Trump ended up softening the 25% tariff on Canada and Mexico soon after implementation, we expect the next few months to bring a critical goods tariff, a global auto tariff, and a 'reciprocal' tariff,
Goldman said
The reason for the downgrade is that our trade policy assumptions have become considerably more adverse and the administration is managing expectations towards tariff-induced near-term economic weakness,
Jan Hatzius, Goldman's chief economist, said in a note to clients MondayI have spoken to many exporters during my extensive field study trips and they told me that it is their US customers who ultimately shoulder the tariff costs, and they will pass the burden on to US consumers,
Wang told the Global Times on the sidelines of the two sessions in Beijing
Across-the-board tariffs will hurt US businesses, consumers and farmers and undermine our global competitiveness,
Stein said in the statement