Business Industrial
President Trump's trade war strategies and criticism of the Fed Chair create market uncertainty. Trade deals with China, Japan, and others stall, impacting stocks, bonds, and even driving investors to gold and Bitcoin.
Trump nominates Clayton as US Attorney for Southern District, crucial for financial crime investigations. Senate confirmation faces potential challenges despite Clayton's bipartisan past and focus on security and trafficking.
Trump criticizes the Fed and Powell, raising concerns about the Fed's independence and potential market turmoil. Tariffs, interest rates, and economic growth are key issues.
President Donald Trump said on Sunday he will introduce new 25% tariffs on all steel and aluminum imports into the US, on top of existing metals duties, in another major escalation of his trade policy overhaul.