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The Latest Breaking News from Kevin Hassett

Market Panic Deepens As World Scrambles To Temper Trump Tariffs

Asian markets took a huge plunge Monday as US futures pointed to significant losses on Wall Street over Donald Trump's punishing tariffs, even as countries sought compromise with the defiant president.

International Business Times

World Scrambles To Temper Trump Tariffs As Market Fears Mount

More than 50 countries have sought talks with President Donald Trump in a scramble to ease punishing tariffs on exports to the United States, the White House said Sunday, as trade partners braced for further fallout.

International Business Times

The ‘Dirty 15’ countries braced for harder hit from Trump’s tariffs as world prepares for ‘Liberation Day’

Trump is set to unleash his largest batch of trade tariffs on so-called ‘Liberation Day’ this Wednesday

The Independent UK

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Trump says reciprocal tariffs will target ‘all countries’

US president’s remarks dampen hopes that tariffs would target only certain countries.

Al Jazeera

Business execs are calling up Susie Wiles in panic over Trump’s mixed messages on tariffs

White House chief of staff said to be fielding calls from chief executives and lobbyists seeking clarity on the president’s policies

The Independent UK

Trump vows to take ‘hundreds of billions’ in tariffs as Australia’s hopes of getting exemption fades

Australia unlikely to escape US president’s global steel and aluminium tariffs despite intense lobbying to be carved out

The Guardian - AU

Global stock markets register heavy falls as White House tries to talk up Trump tariffs

Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020

The Guardian - US

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Trump Declines To Rule Out 2025 US Recession

President Donald Trump declined in an interview aired Sunday to rule out the possibility that the United States might enter a recession this year.

International Business Times

US economic worries mount as Trump implements tariffs, cuts workforce and freezes spending

President Donald Trump's flurry of tariffs, government layoffs and spending freezes may be doing more to harm the U.S. economy than to fix it

The Independent UK

Australia warned not to hit back at US with tariffs

The treasurer has pushed for Australia to be exempt from US tariffs on steel and aluminium imports, with a decision due soon from Donald Trump.

AAP

Treasurer to push for tariff exemption in US meeting

As superannuation giants attempt to build ties with US investors in Washington, Treasurer Jim Chalmers will try to secure a tariff deal with his US counterpart.

AAP

Alarm as bird flu now ‘endemic in cows’ while Trump cuts staff and funding

Experts say current US outbreak is unlikely to end without intervention with further mutation of virus likely

The Guardian - US

DOGE has teased $5,000 stimulus checks amid mass spending cuts. Here’s what we know

Budget experts have weighed in as rumors swirl about $5000 checks being delivered to every taxpaying household

The Independent UK

Government Efficiency Checks Not Expected To Cause Inflation Concerns

National Economic Council Director Kevin Hassett addresses concerns about inflationary impact of DOGE checks and emphasizes government spending as primary ...

Top News

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The Independent UK

DOGE embarrasses Trump again with accidental bird flu expert firings

ANALYSIS: The firing of bird flu experts while Trump’s team boasted about the federal response to the crisis was a misleading self-own by the White House

The Independent UK

As egg prices soar, Trump administration plans new strategy to fight bird flu

With egg prices soaring, the Trump administration is planning a new strategy for fighting bird flu that stresses vaccinations and tighter biosecurity instead of killing off millions of chickens when the disease strikes a flock

The Independent UK

Six more states join national milk testing strategy amid rampant spread of bird flu

Arkansas, Louisiana, Nebraska, New Hampshire, North Carolina, and West Virginia, bring total number of states in the program to 36

The Independent UK

White House scrambles to combat bird flu outbreaks and blasts Biden plan to ‘just kill chickens’

‘Why does it make any sense to have a big perimeter of dead chickens when it's the ducks and the geese that are spreading it?’ Kevin Hassett asks

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Top News

Trump Administration Developing Plan To Combat Avian Flu

Trump administration strategizes to combat avian flu outbreak affecting egg supplies and prices. Efforts include vaccination programs and biosecurity measures.

The Guardian - UK

Forget Trump’s tariffs, the president’s bond market threat is worse

Elon Musk’s crazed takeover of America’s financial plumbing risks shattering confidence in US institutions and in turn global financial stability

Top News

President Trump Delays Announcement Of Reciprocal Tariffs

Updates on President Trump's consideration of reciprocal tariffs with ongoing developments and a cautious approach by the administration.

Reason

This Trump Appointee Could Bring Fiscal Sanity to the White House

"Personnel is policy" has shaped past administrations. Kevin Hassett, who has been tapped to lead the National Economic Council, will have a hand in tax reform, debt reduction, and more.

Top News

Trump Administration In Talks To Potentially Remove Tariffs

Trump administration engages in talks with Mexico, Canada, and China to potentially remove upcoming tariffs. President Trump to evaluate proposals before m...

Fortune

The ‘Trump bump’ has survived tariff announcements—but will it survive the good, the bad, and the unknown in his cabinet?

Trump's picks fit into three groups: the fortifiers (the good), the detractors (the bad), and the mercurial influencers who might do good or harm.

Al Jazeera

Trump names first administration veterans Greer, Hassett to economic posts

US president-elect taps Jamieson Greer and Kevin Hassett as trade representative and top economic adviser, respectively.

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