Articles

  • 1 week ago | vox.com | Andrew Prokop

    Donald Trump’s “Liberation Day” tariff policy, in which he declared trade war on the entire world simultaneously, was a bizarre and nonsensical undertaking, seemingly shaped only by the president’s own whims. But since that initial announcement, the policy has been modified to bear at least a little bit more of a resemblance to what Trump’s more sophisticated advisers wanted.

  • 1 week ago | letterboxd.com | Andrew Prokop |William Dieterle

    Daniel Webster is a guy you don’t hear too much about anymore. Once viewed as a sort of American statesman/saint — JFK hailed him in Profiles in Courage for “courageously” defying antislavery critics to try and keep the Union together in the Compromise of 1850 —his legacy now lacks the moral clarity now preferred in our historical heroes.

  • 1 week ago | vox.com | Andrew Prokop

    For many years, Donald Trump has viewed unpredictability as one of his greatest negotiating assets. He believes deliberately acting “crazy,” as he reportedly told aides in 2017, is a highly effective way to win concessions in advance of a deal. As I’ve written, this is akin to what President Richard Nixon dubbed the “madman theory” — that if he convinced foreign leaders he was willing to do unthinkable things, they’d back down out of fear.

  • 1 week ago | flipboard.com | Andrew Prokop

    Why Trump should fear the bond market“The market now believes that trade policy can change from minute to minute,” said Chip Hughey, a managing director of fixed income securities at Truist. Bond investors went ballistic when President Donald Trump’s tariffs took effect this week. Consider it a preview for what’s in store. The sharp …

  • 2 weeks ago | vox.com | Andrew Prokop

    After a week of intensifying market turmoil, President Donald Trump stepped back from the brink of financial crisis Wednesday, announcing a 90-day “pause” on the exorbitant tariff levels he’d imposed on dozens of countries. It was not a total climbdown: Trump intensified a trade war with China by hiking its tariff level up to 125 percent. And he is also keeping in place a 10 percent tariff for other countries.

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Andrew Prokop
Andrew Prokop @awprokop
12 Apr 25

Daniel Webster, a guy you don’t hear too much about anymore https://t.co/SwazhmEHvW https://t.co/wnuvr5wfq9

Andrew Prokop
Andrew Prokop @awprokop
11 Apr 25

Same tbh

Acyn
Acyn @Acyn

Leavitt: I can tell you Scott Bessent is keeping a close eye on the bond market. He spoke to the white house and I know he is keeping his eyes on it day-to-day. https://t.co/35zzYTRFQs

Andrew Prokop
Andrew Prokop @awprokop
11 Apr 25

https://t.co/8KMHgW1dPq