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The yield on the 10-year Treasury bond has risen steadily this year, as the Iran war rages, government spending worries intensify and artificial intelligence spending boosts growth.
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Despite threats from President Trump, the overall average weighted tariff on Chinese goods remained about the same, and is now lower than countries like Brazil and Canada.
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The president has unveiled a complicated system to forge ahead with his trade war, after the Supreme Court struck down his original levies.
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Households and businesses were already contending with an affordability crunch. A new round of tariffs could inflict more pain.
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Plus, the Friday news quiz.
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Is the US-Saudi nuclear deal on, or in limbo? Al JazeeraSaudi nuclear deal in doubt as Trump adds new condition regarding Israel The Washington PostFor South Korea, U.S.-Saudi Nuclear Deal Exposes a Double Standard The New York TimesWhy Trump may be undermining his own Saudi nuclear deal vox.com
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Roger Rogoff's lawsuit challenges whether Trump can fire a court-appointed U.S. attorney, setting up a novel test of presidential power over prosecutors.
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Harmeet Dhillon says DOJ will prosecute every illegal vote found, citing a "broken windows" strategy after New Jersey's noncitizen voter rolls bombshell.
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As renewed fighting with Iran sends oil and gas prices soaring, President Trump has imposed new global tariffs that could push up prices further.
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As Canada Opens Gordie Howe International Bridge, Americans Are Told to Stay Home The New York TimesHow the Gordie Howe bridge became a symbol of a strained US-Canada relationship BBCLive updates: Canadians ready for Gordie Howe Bridge celebration The Detroit NewsTrump wanted to block this bridge between the U.S. and Canada. It's about to open. The Washington PostA new
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Tehran slams Trump's threat to use frozen Iranian assets as ‘incendiary' Al JazeeraTrump considering a ‘massive attack' on Iran as Tehran labels UK ‘accomplice' to America CNBCUS to use frozen Iranian assets to fund war damages BBCTrump weighs broader Iran offensive as Iraq holds talks with Tehran Fox News
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How Trump upended the Saudi nuclear deal less than 24 hours after its signing CNNTrump Approves Landmark Nuclear Deal With Saudi Arabia in Big Win for Kingdom WSJOil-Rich Saudi Arabia Isn't Short on Energy. Here's Why It Wants to Go Nuclear. The New York TimesNuclear deal that would permit uranium enrichment by Saudi Arabia in limbo awaiting Trump admin sign-off CNNTrump's Saudi Nuclear Deal Is Too Important to Lie Abo
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A Pentagon official argues that "people can no longer take the United States for granted."
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Trump's new global tariff draws rebukes from trade partners over forced-labor justification CNBCUS hits dozens of trading partners with new wave of tariffs BBCFull list of 60 countries hit by new Trump tariffs over bizarre ‘forced labour' claim The IndependentTrump Administration Imposed New Tariffs of Around 10% on Over 80 Nations The New York TimesTrump imposes new tariff targeting dozens
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