Quotes
I’m going to say this at the risk of my job,
senior economics reporter Steve Liesman told business network anchor Kelly Evans regarding Trump’s volatile on-again-off-again tariffs and tariff threats
We need massive amounts of capital if we want to fund our deficits, pay for the things we want to pay for, sell our bonds and have high stock prices, and it seems as if this administration is doing everything it can to chase the foreign capital away.”
He also warnedThat is insane. There is just no other way of describing it,
Liesman emphasizedI’m saying manufacturing is that you can make it happen. And when you get angry, and when you kind of lose your temper, and you get mad ... it gets people nervous and upset,
He warned ... he added, referring to Trump.jpg)
If Trump is serious on what he is saying about sticking with these tariffs, he is betting his presidency on their success, and on the patience of the American people, at a moment when the people do not appear in a patient mood,
said William Galston, a scholar at the Brookings Institution
When the president thinks about tariffs, he is usually thinking about three things: leverage, revenue and re-industrialization,
Mr. Froman said on WednesdayYou can do this once or twice and bring people to the table, ... but at some point the countries say we are going to retaliate,”
he said ... as Canada and the European Union now haveTo the extent that another country’s practices harm our own economy and people, the United States will respond,
Mr. Bessent said last week in a speech to the Economic Club of New York
President Trump’s economic policies are simple,
Vice President JD Vance wrote on social media on MondayYour CHIPS act is a horrible, horrible thing,
he told lawmakersWe all know that people who are relying on retirement accounts watch them daily. And so, I think maybe he needs to be a little more sensitive to that,
said Republican Senator Shelley Moore Capito of West Virginia
The market is one piece of the puzzle,
Marshall, of Kansas, told ReutersWhat may have seemed like a quick fix in Trump’s mind has become a big mess that will not only take a long time to clean up, but has also left consumers and businesses with higher prices, fewer choices, and more uncertainty,
said Dave Wallack, the group’s executive directorIt may not make any difference to him, because he's a billionaire. But to the everyday investor, it's a really big deal to lose this amount of money,
he saidEvery member of the Trump administration is playing from the same playbook—President Trump’s playbook—to enact an America First agenda of tariffs, tax cuts, deregulation, and the unleashing of American energy,
White House spokesperson Kush Desai told the paperSecretary Lutnick’s long and immensely successful private sector career makes him an integral addition to the Trump administration’s trade and economic team,
Desai told The JournalI think some so much of this anxiety that we have in this country is all about the fear of retirement,
he said
The decision was purely economic, and we believe this is going to be great long term investment,
Fink saidCould we have one quarter or two quarter of a flattening of our economy as we try to reset the economy? Absolutely,
Fink saidRight now the president is focusing on tariffs, but when he talks about reciprocal tariffs, actually, that may bring down tariffs over the long run,
Fink said