The president’s free-wheeling approach and rapid-fire tweets are driving up uncertainty to historic levels
predicts 1.5 percent growth in the third quarter, a figure dragged down by a 2.4 percent drop in nonresidential equipment investment.Treasury Secretary Steven Mnuchin. | Pablo Martinez Monsivais/AP Photo
The commentary from executives often centers on the uncertain outcome of the tariff battle with China — which heats up and cools off with dizzying frequency — as well as a lack of clarity on where exactly the U.S. economy is going. And some elements of uncertainty have actually faded, including threats of a debt limit breach that plagued the U.S. economy earlier this decade.“The biggest threat to the expansion is certainly trade-related uncertainty,” said Jim O’Sullivan, chief U.S. economist at High Frequency Economics. “But you can’t lay everything at Trump’s feet. It’s hard to disentangle his impact from other forces affecting growth and we are not seeing a collapse yet, just slowing trends.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump GOP primary challenger Mark Sanford says growing field of Republican candidates strengthens anti-Trump messageFormer South Carolina Gov. Mark Sanford, who announced this weekend that he will launch a longshot primary bid for the 2020 Republican nomination, argued Monday that the growing field of Republicans challenging President Donald Trump strengthens their anti-Trump message.
Read more »
Trump denies knowledge of Air Force stay at Trump resort in ScotlandThe president denies knowledge of why U.S. Air Force crew overnighted at a Trump resort in Scotland, U.S. Air Force has launched a review of guidelines for crew lodging
Read more »
Donald Trump craves Chrissy Teigen's approval'A Twitter spat isn't going to lose Trump the election. But with every repeated act of misogyny -- blatant or subtle or in between -- voters see him in sharper relief,' writes JillFilipovic for CNNOpinion
Read more »
After Trump kills Taliban deal, Afghans face longer odds for peaceAnalysis: The only thing that seems certain after President Trump's cancellation of a deal with Taliban is more bloodshed, foreign diplomats and experts say.
Read more »
President Trump declares peace talks with the Taliban 'dead''As far as I'm concerned, they are dead.' After calling off a secret meeting with the Taliban at Camp David, Pres. Trump declared that Afghanistan peace talks are finished.
Read more »