U.S. President Donald Trump defended his tariff policies on Tuesday as he met the CEOs of America's biggest companies, including many whose market value has dipped in recent days as recession and inflation fears soured consumer and investor sentiment.
Trump Defends Tariffs Before Corporate America As Stocks Sell Off
How bad will the economic impact of the Trump administration's chaotic tariff policies be? Markets seem to think that if the president won't stop the damage, the Federal Reserve will. I think they're too complacent.
Trump’s Tariffs Will Be Worse Than Markets Think
SINGAPORE, March 12 (Reuters) - There is about a 40% chance of a U.S. recession this year and a risk of lasting damage to the country's standing as an investment destination if the administration undermines trust in U.S. governance, according to J.P. Morgan's chief economist.
J.P. Morgan Economist Sees 40% US Recession Chance and Risks To 'Exorbitant Privilege'
WASHINGTON, March 11 (Reuters) - The Republican-controlled U.S. House of Representatives voted on Tuesday to block the ability of Congress to quickly challenge tariffs imposed by President Donald Trump that have rattled financial markets.
The 216-214 vote, largely along party lines, delays lawmakers' ability for the rest of the year to force a vote that could revoke Trump's tariffs and immigration actions.
House Republicans Block Congress' Ability To Challenge Trump Tariffs
BEIJING, March 10 (Reuters) - China will continue to grow bilateral relations with Canada on the basis of mutual respect and equality, the foreign ministry said after Mark Carney won the race to lead Canada's ruling party and become the next prime minister.
China Says It Will Grow Relations With Canada On Basis Of Mutual Respect