After taking on Musk, Trump now targets Newsom, threatening to arrest the governor of California

By: keiko

The US Northern Command said Monday that the Trump administration will send about 700 active-duty Marines to reinforce the National Guard in response to protests in Los Angeles. California officials said the move would escalate the protests further, which they consider unjustified. California has asked a federal court to stop the Trump administration from “illegally” […]

Funds are starting to seek alternatives to US Treasuries, and Asian market government bonds are in high demand

By: keiko

Doubts about the appeal of US Treasuries have prompted investors to turn to higher-rated alternative bonds, boosting the prices of bonds in Australia and Singapore. Strategists and portfolio managers are rethinking whether US Treasuries offer sufficient returns, a rare challenge for the world’s largest bond market, especially after recent downgrades and concerns that proposed tax […]

Dallas Fed President: It may take longer to assess interest rate cuts

By: keiko

Lori Logan, president of the Federal Reserve Bank of Dallas, said that it might take officials some time to know how the economy will respond to tariff and other policy changes, and thus to know how they should adjust interest rates. Logan outlined various risks facing the economic outlook in a speech at an event […]

Is Trump’s tariff policy unconstitutional?

By: keiko

The vast majority of President Donald Trump’s global tariffs have been ruled illegal and blocked by the US trade court, dealing a major blow to a pillar of his economic agenda. On Wednesday, a three-judge panel of the US Court of International Trade in Manhattan unanimously ruled in favor of the Democratic-led states and small […]

The peak of Asian countries’ investment in US dollar assets has passed

By: keiko

For decades, Asian export powers have been pursuing a simple financial strategy: selling goods to the United States and then investing the proceeds in US assets. As Donald Trump attempts to reshape global trade and the US economy, subverting the logic behind the $7.5 trillion investment in Asia, this model is now facing its greatest […]

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