The proposal for DOGE dividend checks to taxpayers faces opposition due to inflation concerns and fiscal responsibility from leading political figures.
Trump's announcement on reciprocal tariffs could trigger a global economic fallout, affecting trade with major partners and raising fears of inflation and reduced growth.
U.S. inflation increased last month, with rising grocery and gasoline costs affecting families and businesses, prompting concerns about interest rate cuts.
U.S. businesses brace for Trump's tariffs on imports from Canada, Mexico, and China, fearing increased costs, inflation impacts, and consumer price changes.
President Trump's 25% tariffs on Canada and Mexico, and 10% on China will commence Saturday, raising concerns over economic implications and retaliation from those countries.
The U.S. economy expanded at a 2.8% rate in 2024, driven by strong consumer spending, but inflationary pressures persist as policies shift under President Trump.
Trump attacks Fed Chair Jerome Powell for maintaining interest rates as inflation persists, raising concerns about the Fed’s independence and economic policy.