• Top Biden Aide to Trump: 'Declare Victory' in Trade War
  
  Former President Joe Biden's top economic adviser, Jared Bernstein, said he would advise President Donald Trump to publicly "declare victory" in the ongoing trade war, arguing that doing so could ease economic uncertainty and help the markets recover, The Hill reported.
• Credit Crisis at the Gates
  
  How the Trade War Shakes the Financial System
• Can Trump's 'Gold Card' Visa Program Solve Our National Debt Crisis?
  
  Last week, President Trump floated an idea to sell what he called the "Gold Card" Visa Program, in which wealthy foreigners seeking entry to America would have the opportunity to purchase a special visa with a whopping price tag of $5 million.
• Debt Ceiling Disaster Ahead?
  
  The U.S. is running out of money. Fast. If Congress doesn't raise the debt ceiling, we could hit the "X-date" as early as July 2025, according to the Congressional Budget Office (CBO). That's the day the government officially can't pay its bills.
• Fed's Christopher Waller: Tariffs a Major Shock
  
  The Trump administration's tariff policies are a major shock to the U.S. economy that could lead the Federal Reserve to cut interest rates to head off recession even if inflation remains high, or alternately leave little lasting imprint if they turn out to be a negotiating...
• The President is Right to Preserve Tax Cuts to Protect US Businesses, Working Families
  
  Financial markets are whipsawing surrounding the president's ongoing efforts to right-size America's trade imbalances through tariffs. It's a noble goal if the result yields greater prosperity and a reduction in global tariffs and other non-tariff barriers.
• Xi Calls on China, Vietnam to 'Oppose Unilateral Bullying' on Regional Tour
  
  Chinese leader Xi Jinping Monday called on his country and Vietnam to "oppose unilateral bullying," Beijing's state media reported, during a regional tour as leaders confront US tariffs.
• Recognizable Reaction Patterns in the Bureaucratic Babylon
  
  Donald Trump's tariff offensive has opened the door to real trade negotiations. But the EU remains stubborn, clinging to hidden trade barriers and generous subsidies.
• White House Adviser: US, EU Making Progress on Tariffs
  
  U.S. and European Union negotiators have met numerous times and are making enormous progress, White House economic adviser Kevin Hassett said Monday as EU negotiators were in Washington for talks on President Donald Trump's tariffs.
• Trump's Tariff Policy Is Working Spectacularly
  
  What a volatile week we just had. High threatened tariffs were paused, mostly because about half of the world was eager to negotiate a new trade deal. The stock market couldn't decide if it should go up or down, so we saw spectacular moves in both directions.
• Trump Starts Tariff Talks With Seoul, Japan, India
  
  South Korea's acting President Han Duck-soo said on Monday President Donald Trump appeared to have directed talks on tariffs to begin immediately with South Korea, Japan and India, Yonhap News Agency reported. Han also said he expected there to be a video meeting...
• Taiwan President: 1st Phase of US Tariff Talks 'Smooth'
  
  Taiwan's first phase of tariff talks with the United States went "smoothly" and the government hopes to take this challenge as an opportunity to promote a new Taiwan-plus-the-United States layout for trade, President Lai Ching-te said Monday.
• Ray Dalio: US at a Recessionary Fork in the Road
  
  Founder of Bridgewater Associates, the world's largest hedge fund according to "Meet the Press," Ray Dalio said on Sunday that the United States stands at a fork in the road, the choices being something worse than a recession or an economy that is "handled well."
• Kevin Hassett: Trump's Trade Strategy Going to Plan
  
  The Trump administration's trade strategy is all going according to plan, even with the turnabouts on tariffs, as it addresses the United States' "national emergency" of being too dependent on foreign goods, National Economic Council Director Kevin Hassett said.
• Schumer, Warren Call on SEC to Probe Tariff Pause
  
  Senate Minority leader Chuck Schumer, D-N.Y., and Sen. Elizabeth Warren, D-Mass., called for a probe into whether Trump administration officials or those close to them profited from insider knowledge of President Donald Trump's pause on tariffs announced this week.
• Brokerages Slash S&P 500 Annual Targets
  
  Analysts expect U.S. President Donald Trump's tariffs to weaken global economic growth, fuel volatility in global markets and raise inflationary pressures.
• Consumer Sentiment Plunges on Trade War Angst
  
  Consumer sentiment fell sharply in April, the fourth consecutive month of declines, as an intensifying trade war fueled anxiety over American jobs and rising inflation.
• Trump: Tariffs Succeeding Despite China's Response
  
  President Donald Trump said Friday that his administration's tariff policy is succeeding, after China's announcement that it is responding to his moves by raising its tariffs on American goods to 125%.
• Sen. Ricketts: China 'One of Biggest Offenders' on Tariffs
  
  China has remained one of the "biggest offenders" when it comes to tariffs against the United States, including with its announcement Friday that it will enforce retaliatory tariffs of 125% on U.S. goods in response to President Donald Trump's moves, Sen. Pete Ricketts said.
• Wholesale Inflation Falls More Than Expected to 2.7%
  
  U.S. monthly producer prices unexpectedly fell in March amid a sharp decline in the cost of energy products, but tariffs on imports are expected to drive inflation higher in the coming months.
• Jamie Dimon: Economy Facing 'Considerable Turbulence'
  
  JPMorgan Chase CEO Jamie Dimon warned Friday the U.S. economy faces "considerable turbulence," Yahoo Finance reports.
• UN: Tariffs to Be 'Catastrophic' for Developing Nations
  
  "Reciprocal tariffs" and countermeasures could have a catastrophic impact, even worse than foreign aid cuts, on developing countries, the director of the United Nation's trade agency told Reuters on Friday...
• US-China Tariff Turmoil Rings Recession Alarm
  
  Beijing Friday increased its tariffs on U.S. imports to 125%, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods to 145% and raising the stakes in a trade war that threatens to up-end global supply chains.
• Tariffs Threaten to End Quarter Century of Cheap Goods for US
  
  President Donald Trump's new tariffs threaten to push up prices on clothes, mobile phones, furniture and many other products in the coming months, possibly ending the era of cheap goods that Americans enjoyed for about a quarter-century before the pandemic.
• Short-Term Pain, Long-Term Gain - The Golden Age of Trump and Equalization Tariffs
  
  For over 40 years, the American leaders have tolerated tariffs imposed on their citizens, but change is on the horizon.

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