Emergency warnings are lighting up all over financial markets, solely because of Donald Trump.
Trump transition
Posted inMoney, Politics, and Power
Congress Stops CFPB From Capping Overdraft Fees, Monitoring Big Tech
The two Congressional Review Act resolutions now go to President Trump.
Posted inTAP
Trump Undone (Well, Partially Put on Hold)
Today on TAP: The president is compelled to delay his tariffs. The Republican Congress failed to do it, so the markets did.
Posted inEconomic Policy
The Economic Consequences of the Tariff War
The economy was already stalling out before Liberation Day. A trade war on the entire world will only make everything worse.
Posted inTAP
Trump’s Tariffs: Borne Back Ceaselessly Into a Past That Never Was
Today on TAP: Rebuilding manufacturing? It’s more about humiliating every other world leader, and keeping his own taxes low.
Posted inMoney, Politics, and Power
Bloodlust and Boozing During Trump’s Wall Street Beatdown
A day in Manhattan as markets whipsaw amid the Trump tariff debacle
Posted inEconomic Policy
We Never Had Free Trade
The U.S. trading system since the 1970s has screwed American workers. But the main culprits are the American capitalists who devised the system, not foreigners.
Posted inPolitics
Can Congress Take Back Tariff Authority From Trump?
Absolutely. Whether they will is a matter of whether Republicans will continue to put loyalty to Donald Trump above the economy and the country.
Posted inEconomic Policy
I Hope MAGA Investors Enjoy the Crisis They Caused
Right-wing financiers thought Trump would unleash prosperity. Instead, his tariffs are nuking the markets.
Posted inTAP
How Trump Can Cause a Cargo Crunch
Today on TAP: Trump’s tariffs are messing with production arrangements in ways that are only beginning to reverberate.