Donald Trump
Everyone is talking ‘TACO’ trade. Investors say don’t count on Trump chickening out
“Trump Always Chickens Out,” or TACO, is a gibe that has ruffled the U.S. president’s feathers, and investors have, by now, seen it happening enough times to know his playbook. The phrase, coined by a Financial Times columnist, refers to Donald Trump’s pattern of threatening steep tariffs that rattle markets, only to ease or postpone […]
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Four tools at the Trump administration’s disposal after a U.S. court blocks tariffs
US President Donald Trump prepares to sign executive orders in the Oval Office of the White House in Washington, DC, on May 23, 2025. Mandel Ngan | Afp | Getty Images U.S. President Donald Trump is expected to find a workaround after suffering a major blow to a core part of his economic agenda. The […]
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CNBC Daily Open: Trump’s ‘reciprocal’ tariffs face an uncertain future — and that’s good for markets and businesses
President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden on April 2, 2025. Saul Loeb | Afp | Getty Images U.S. President Donald Trump has been accused of walking back on his trade policies — a Financial Times columnist succinctly described that apparent […]
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Elon Musk thanks Trump, says he’s leaving government work with DOGE
Tesla CEO Elon Musk reacts while wearing a cap with the words “Gulf of America” as he attends a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., U.S., April 30, 2025. Evelyn Hockstein | Reuters With his official stint in government coming to an end, Elon Musk thanked […]
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CNBC Daily Open: ‘Reciprocal’ tariffs in limbo as U.S. court steps in
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Carlos Barria | Reuters U.S. President Donald Trump has been accused of walking back on his trade policies — a Financial Times columnist succinctly described that apparent pattern as the “TACO” theory, […]
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Nvidia CEO Jensen Huang explains why chip exports to China are strategically important
In a Wednesday interview with CNBC’s Jim Cramer, Nvidia CEO Jensen Huang explained why he thinks it’s necessary to export his company’s artificial intelligence technology to China, saying trade with the country is vital if the U.S. wants to be a global leader in AI. “That’s probably the most important strategic reason to be in […]
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Court strikes down Trump reciprocal tariffs
U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images A federal court ruled Wednesday that President Donald Trump exceeded his authority with his reciprocal tariffs, dealing a blow to a […]
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Credit default swaps are back in fashion — even if the panic might be overblown
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 27, 2025, in New York City. Timothy A. Clary | Afp | Getty Images Investors are getting nervous the U.S. government might struggle to pay its debt — and they are snapping up insurance in case it […]
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Asia-Pacific markets set to mostly climb as investors await Bank of Korea decision
Hongdae street in Seoul city, South Korea Twenty47studio | Moment | Getty Images Asia-Pacific markets were set to mostly climb Thursday as investors look toward the Bank of Korea decision. Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 38,350 while its counterpart in Osaka last traded at […]
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Nvidia CEO Jensen Huang hammers chip controls that ‘effectively closed’ China market
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | Afp | Getty Images As pleased as Wall Street was with Nvidia’s quarterly results on Wednesday, CEO Jensen Huang said the company is […]
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