According to new commentary from the Brookings Institution, there are a few major reasons that economists have been wrong on Trump’s policies. Source: businessinsider.com

Even after the Supreme Court invalidated many of the president’s levies, foreign leaders and executives assume that U.S. tariffs are here to stay, in one form or another. Source: nytimes.com

By Selena Li and Ben Blanchard HONG KONG/TAIPEI, Feb 21 (Reuters) – U.S. trading partners in Asia started weighing ⁠fresh ⁠uncertainties on Saturday after President Donald Trump vowed ⁠to impose a new tariff on imports, hours after the Supreme Court struck down many of the sweeping levies he used … Source: usnews.com

U.S. trading partners in Asia started weighing fresh uncertainties on Saturday after President Donald Trump vowed to impose a new tariff on imports, hours after the Supreme Court struck down many of the sweeping levies he used to launch a global trade war. Source: reuters.com

During his campaign, German Chancellor Friedrich Merz signaled a radical change from previous leaders’ cheerleading for trade with China: He warned business chiefs against bigger investments there and not to count on government help if things went wrong. Source: bloomberg.com

President Donald Trump has pushed the United States to the brink of war with Iran even as aides urge him to focus more on voters’ economic worries, highlighting the political risks of military escalation ahead of this year’s midterm elections. Source: reuters.com