Wednesday, April 30, 2025

Economy contracts as Trump gets Grinchy and Senate fails to move on tariff relief

Trump, on Tariffs, Says ‘Maybe the Children Will Have 2 Dolls Instead of 30’ - The New York Times

At the end of a cabinet meeting, the president allowed for the possibility that trade war could disrupt supply chains.

 The Senate, deadlocked at 49-49, rejects a bipartisan measure to undo Trump’s tariffs.

Trump Blames Biden After U.S. Economy Shrinks Amid Tariff War - The New York Times