Simon Montlake

4 days ago | csmonitor.com | Simon Montlake

Meme coins have become a profitable new business for President Donald Trump’s family company. The Trump-branded digital tokens are part of a broader push by the Trump Organization – which is managed by Mr. Trump’s sons, and in which the president holds a majority ownership stake – into cryptocurrency, a form of digital money that Mr. Trump once derided but now embraces. Ahead of his Jan. 20 inauguration, Mr. Trump began promoting two meme coins, $TRUMP and $MELANIA, to his supporters.

1 week ago | csmonitor.com | Simon Montlake

The fallout from President Donald Trump’s punitive tariffs hit Wall Street first. Now it’s Main Street’s turn, as dramatically higher import costs start to ripple through the broader economy. The full effects, including higher prices, out-of-stock items, and even empty shelves could be weeks or months away, say analysts. Many businesses scrambled to stockpile imported goods in March, and some people also bought items early, in anticipation of Mr. Trump’s tariffs.

3 weeks ago | csmonitor.com | Simon Montlake

Most politicians never forget the races they lost. But perhaps no elected official has ever been as fixated on an electoral defeat as President Donald Trump. Despite successfully recapturing the White House last November, Mr. Trump has continued to circle back with regularity to the 2020 election, which he still insists was stolen from him.

1 month ago | csmonitor.com | Simon Montlake

A belief in tariffs as an essential tool in economic statecraft has been a constant in President Donald Trump’s career. His recent unprecedented moves to impose sweeping import tariffs – starting at 10% and rising to 50% and more – sparked panic in global markets and rattled U.S. trading partners. On Wednesday, President Trump abruptly announced a 90-day pause during which all countries except China would pay only a 10% tariff, to allow for talks.

1 month ago | csmonitor.com | Simon Montlake

For months, Democrats have watched aghast as President Donald Trump has unleashed his head-spinning, all-of-government brand of disruption. Boxed out of federal governing, Democratic voters have bewailed the impotence of their party’s leaders as the Republican administration has dismantled government agencies, claimed wartime powers to deport immigrants – and, last week, imposed an unprecedented level of tariffs that sparked a rout in global financial markets.