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Here's what else happened today: The stock market's Trump bump could end once Treasury yields reach 5% , JPMorgan says. Trump's proposed trade war boosts chances of a US recession to 75% ...
Big global investors are exiting popular trades that bet on U.S. President-elect Donald Trump’s tax and tariff policies boosting Wall Street and wreaking damage abroad and swooping in on some of ...
The market has already started pricing in a Donald Trump victory. A series of recent analyst notes detail how the former president’s protectionist economic policies would translate into market ...
Trump and some investors bought the company back that same year for $225 million. As part of the agreement, Trump withdrew a $100 million lawsuit he had filed against the casino's owners alleging damage to the Trump brand. Trump re-negotiated the debt, reducing by over $1 billion the repayments required to bondholders. [392] [393]
During the 2016 campaign, Trump's praise of Vladimir Putin blossomed into what many observers termed a "bromance". [317] In particular, Trump praised Putin as a "strong leader" and said that he expected to "get along very well" with Putin. Trump often described Putin as "a better leader" than Obama. [317]
When Chinese-American CBS News reporter Weijia Jiang accused Trump of attempting to treat the number of tests conducted as a "competition", despite the U.S. death toll, Trump replied, "well, they're losing their lives everywhere in the world, and maybe that's a question you should ask China". When accused by Jiang of having specifically said ...
The U.S. stock market soared on Wednesday, delivering significant gains in the first day of trading after the presidential election. The Dow Jones Industrial Average rose 3.6%. That performance ...
Trump said the tariffs would be imposed due to Chinese theft of U.S. intellectual property. [126] Trump said his planned tariffs on Chinese imports would make the United States "a much stronger, much richer nation". [127] However, the steps toward imposing the tariffs led to increased concerns of a global trade war. [126]