Adam Nichols

2 weeks ago | rawstory.com | Adam Nichols

President Donald Trump began Monday with a Truth Social post celebrating his tariff moves — as experts warned a chaotic multi-day market plunge was set to continue. Fears of an international trade war have sent markets spiraling since Trump announced Wednesday a baseline 10% tax on imports from all countries, along with higher rates for nations running trade surpluses with the U.S.Experts were gearing up for a bloodbath when the U.S. market opened Monday, heralded by a massive decline in Asia.

2 weeks ago | rawstory.com | Adam Nichols

A Treasury expert cited by Donald Trump in defense of his tariffs has a message for the president: “They got it wrong.”Brent Neiman, a Biden-appointed Treasury official, was one of four economic leaders whose work on trade was held up by the president to justify the international charges he levied last week — immediately prompting a now multi-day market plunge. Neiman took to the New York Times' opinion pages Monday in an effort to distance himself from Trump’s actions.

3 weeks ago | rawstory.com | Adam Nichols

An election denier was silenced late Monday as she veered into a conspiracy theory live on CNN — and was immediately shut down. Host Abby Phillip had been discussing President Donald Trump’s suggestion over the weekend that he was seriously considering running for a third term — a move that would violate the U.S. Constitution. Guest Ashley Hayek, the executive director of pro-Trump nonprofit America First Works, started to claim that he would actually be winning a fourth election.

3 weeks ago | rawstory.com | Adam Nichols

A pair of House Republicans told Politico they’re longing for their party to get a bloody eye in crucial elections in Florida and Wisconsin Tuesday. The two, who were not named by the magazine, are longing for bruising defeats — or at least close calls in the Florida votes — as a way to shore up their party's future in the midterms. “An ‘April 1st massacre’ would be ‘a beautiful thing,’” Politico described one of them as saying.

3 weeks ago | rawstory.com | Adam Nichols

Even America’s wealthiest people are cutting back on their spending amid uncertainty over the nation’s economic future, a report claimed Monday. “Strikingly, economists say Americans of all income levels, including the wealthiest, are rethinking their spending — in what could be a pivotal warning,” the report in The Washington Post claimed.