Trump’s pledge to raise the global baseline tariff rate from 10% to 15% is reverberating across markets, with investors now weighing whether a recent rally in overseas equities can hold.
In a post on TruthSocial, Trump said he would immediately increase the worldwide tariff rate to 15% following a Supreme Court decision related to trade authority. He also signaled that additional, “legally permissible” tariffs could be introduced in the coming months, reinforcing a more aggressive trade…
Noem faced Republican criticism
Republicans largely kept the focus on the large numbers of migrants who came into the country under former President Joe Biden,
portraying Noem as the leader of a cleanup effort of the former administration’s mess.
But she did come under some harsh questioning by members of her own party.
Senator Tillis, who called on Noem to resign following the shootings in Minneapolis, criticized her for erroneously arresting American citizens, for…