Trump administration will set price floors across range of industries to combat China, Bessent says
https://www.cnbc.com/2025/10/15/trump-xi-china-bessent-price-floor-rare-earth-critical-mineral.html
https://redd.it/1o7ew7e
@r_econ
https://www.cnbc.com/2025/10/15/trump-xi-china-bessent-price-floor-rare-earth-critical-mineral.html
https://redd.it/1o7ew7e
@r_econ
CNBC
Trump administration will set price floors across range of industries to combat China, Bessent says
China has driven foreign competitors out of business over the past two decades by using its market dominance to slash prices, Treasury Secretary Scott Bessent said.
Trump threatens to cut US aid to Argentina if Milei loses election
https://www.theguardian.com/us-news/2025/oct/14/trump-threatens-to-cut-us-aid-to-argentina-if-milei-loses-election
https://redd.it/1o7b7rs
@r_econ
https://www.theguardian.com/us-news/2025/oct/14/trump-threatens-to-cut-us-aid-to-argentina-if-milei-loses-election
https://redd.it/1o7b7rs
@r_econ
the Guardian
Trump threatens to cut US aid to Argentina if Milei loses election
US president says ‘we will not be generous’ if leader fails to win key midterms after promising $20bn to prop up struggling economy
the ‘America First’ agenda is really paying off, just look at the results
https://redd.it/1o7k82g
@r_econ
https://redd.it/1o7k82g
@r_econ
US aims to raise $20bn ‘facility’ to support Argentina’s struggling economy
https://www.aljazeera.com/news/2025/10/15/us-aims-to-raise-20bn-facility-to-support-argentinas-struggling-economy
https://redd.it/1o7m0ty
@r_econ
https://www.aljazeera.com/news/2025/10/15/us-aims-to-raise-20bn-facility-to-support-argentinas-struggling-economy
https://redd.it/1o7m0ty
@r_econ
Al Jazeera
US aims to raise $20bn ‘facility’ to support Argentina’s struggling economy
The additional boost, which comes on top of a $20bn currency swap, comes shortly before Argentina's midterm elections.
Millions of Americans are risking health and homes by living without insurance
https://www.marketwatch.com/story/millions-of-americans-risk-their-health-and-homes-by-living-without-insurance-f816efe0?mod=mw_rss_topstories
https://redd.it/1o7dkmy
@r_econ
https://www.marketwatch.com/story/millions-of-americans-risk-their-health-and-homes-by-living-without-insurance-f816efe0?mod=mw_rss_topstories
https://redd.it/1o7dkmy
@r_econ
MarketWatch
Millions of Americans risk their health and homes by living without insurance
With premiums for health, vehicle and home insurance rising, many struggle to afford coverage. Too often they can’t afford to “go bare,” either.
China Wants Foreign Scientists. The Public Says No, Thanks. Since Beijing announced a new visa to attract young science and technology graduates, a backlash has erupted online, forcing the government to respond.
https://www.nytimes.com/2025/10/14/world/asia/china-stem-visa-racist-backlash.html
https://redd.it/1o7omm1
@r_econ
https://www.nytimes.com/2025/10/14/world/asia/china-stem-visa-racist-backlash.html
https://redd.it/1o7omm1
@r_econ
NY Times
China Wants Foreign Scientists. The Public Says No, Thanks.
Since Beijing announced a new visa to attract young science and technology graduates, a backlash has erupted online, forcing the government to respond.
Trump says he ‘defeated’ inflation — so why do prices keep going up?
https://thehill.com/opinion/white-house/5554596-tariffs-raise-consumer-prices/?fbclid=IwdGRjcANdLelleHRuA2FlbQIxMQABHlRTlEnZ1nFFiesWu48WKWGVc-t34xYheY8H4LBgtAGpbqxtFsHcW0nOSdHs_aem_FJLKa8WkD2tEf-NwWxZ1xw
https://redd.it/1o7tq3r
@r_econ
https://thehill.com/opinion/white-house/5554596-tariffs-raise-consumer-prices/?fbclid=IwdGRjcANdLelleHRuA2FlbQIxMQABHlRTlEnZ1nFFiesWu48WKWGVc-t34xYheY8H4LBgtAGpbqxtFsHcW0nOSdHs_aem_FJLKa8WkD2tEf-NwWxZ1xw
https://redd.it/1o7tq3r
@r_econ
The Hill
Trump says he ‘defeated’ inflation — so why do prices keep going up?
2025 will come to be known as the year everything in the country got more expensive.
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Fed Chair Jerome Powell blames President Trump’s immigration policies for slowing economic growth
https://redd.it/1o7tgd9
@r_econ
https://redd.it/1o7tgd9
@r_econ
Trump is threatening China with 500% tariffs. Below is a list of Chinese goods in American households
https://redd.it/1o7yy8n
@r_econ
https://redd.it/1o7yy8n
@r_econ
75% of Americans report soaring prices as Trump claims inflation ‘over’
https://www.theguardian.com/business/2025/oct/16/inflation-economic-pessimism-poll
https://redd.it/1o83f9e
@r_econ
https://www.theguardian.com/business/2025/oct/16/inflation-economic-pessimism-poll
https://redd.it/1o83f9e
@r_econ
the Guardian
75% of Americans report soaring prices as Trump claims inflation ‘over’
Exclusive poll: Inflation remains a concern despite president’s pledge to reduce prices on ‘day one’
24% of Republicans think the economy is deteriorating, compared with 60% of independents and 67% of Democrats.
https://www.theguardian.com/business/2025/oct/16/american-economic-pessimism-political-division
https://redd.it/1o84644
@r_econ
https://www.theguardian.com/business/2025/oct/16/american-economic-pessimism-political-division
https://redd.it/1o84644
@r_econ
the Guardian
Americans’ pessimism about the economy cuts across political lines
Inflation and a worsening job market are top of mind for many Americans, even among the president’s Maga base
75% of Americans report soaring prices as Trump claims inflation ‘over’
https://www.theguardian.com/business/2025/oct/16/inflation-economic-pessimism-poll?CMP=Share_iOSApp_Other
https://redd.it/1o857na
@r_econ
https://www.theguardian.com/business/2025/oct/16/inflation-economic-pessimism-poll?CMP=Share_iOSApp_Other
https://redd.it/1o857na
@r_econ
the Guardian
75% of Americans report soaring prices as Trump claims inflation ‘over’
Exclusive poll: Inflation remains a concern despite president’s pledge to reduce prices on ‘day one’
How does the USA - a country $37 trillion in debt - come up with a $40 billion bailout for Argentina's Wall Street creditors?
https://www.politico.com/news/2025/10/15/bessent-says-u-s-considers-doubling-aid-to-argentina-by-tapping-outside-funding-00609011?fbclid=IwZXh0bgNhZW0CMTEAAR4w8LhCBAJEjWQslIUcSypXLuXiWGtAwdcysM3VoR9VzHLRu-Elz9t6zdTq2w_aem_bb4WFMTcFPEWmIAralm6hg
https://redd.it/1o85ew8
@r_econ
https://www.politico.com/news/2025/10/15/bessent-says-u-s-considers-doubling-aid-to-argentina-by-tapping-outside-funding-00609011?fbclid=IwZXh0bgNhZW0CMTEAAR4w8LhCBAJEjWQslIUcSypXLuXiWGtAwdcysM3VoR9VzHLRu-Elz9t6zdTq2w_aem_bb4WFMTcFPEWmIAralm6hg
https://redd.it/1o85ew8
@r_econ
POLITICO
Bessent says US considers doubling aid to Argentina to $40B
The assistance is aimed at bolstering the country's collapsing currency and calming economic unrest before Oct. 26 midterm elections.
This is embarrassing and scary. Yesterday, Trump said that he spoke with Indian PM Modi and that India will stop buying Russian oil. Today, Indian gov says that the two leaders did NOT speak (and obviously no promises were made regarding oil purchases).
https://redd.it/1o85no3
@r_econ
https://redd.it/1o85no3
@r_econ
Trump’s Big Brag About The Economy Crushed By Brutal New Poll
https://newzsquare.com/trumps-big-brag-about-the-economy-crushed-by-brutal-new-poll/
https://redd.it/1o8agt4
@r_econ
https://newzsquare.com/trumps-big-brag-about-the-economy-crushed-by-brutal-new-poll/
https://redd.it/1o8agt4
@r_econ
NewzSquare.Com
Trump’s Big Brag About The Economy Crushed By Brutal New Poll
Donald Trump has spent months boasting about an economic turnaround. “Prices are ‘WAY DOWN’ in the USA,” he wrote in August. He promised to kill inflation “on
Average new car prices just topped $50,000 for the first time
New data from KBB shows that the price for a new car has topped $50,000 for the first time ever. That brings the average monthly payment to $749 per month.
"Erin Keating, an executive analyst at Cox Automotive, the world's largest automotive services provider, said that the higher prices of new cars are being driven by low loan rates, tariffs and electric cars.
"Today's auto market is being driven by wealthier households who have access to capital, good loan rates and are propping up the higher end of the market," Keating said.
"Tariffs have introduced new cost pressure to the business, but the pricing story in September was mostly driven by the healthy mix of EVs and higher-end vehicles pushing the new-vehicle ATP into uncharted territory," she added."
https://redd.it/1o88tnm
@r_econ
New data from KBB shows that the price for a new car has topped $50,000 for the first time ever. That brings the average monthly payment to $749 per month.
"Erin Keating, an executive analyst at Cox Automotive, the world's largest automotive services provider, said that the higher prices of new cars are being driven by low loan rates, tariffs and electric cars.
"Today's auto market is being driven by wealthier households who have access to capital, good loan rates and are propping up the higher end of the market," Keating said.
"Tariffs have introduced new cost pressure to the business, but the pricing story in September was mostly driven by the healthy mix of EVs and higher-end vehicles pushing the new-vehicle ATP into uncharted territory," she added."
https://redd.it/1o88tnm
@r_econ
ABC News
1 in 4 new car owners owe more than their vehicle is worth, data shows
New data published Wednesday shows that car debt has reached record levels, and a growing number of car owners owe more on their vehicles than they are worth.
Trump is really fkng the economy up real good rn with all of these tarrifs and sht
What the fck is up with trump. These tarrifs are doing more harm than good. The recent tarrifs implemented on china made crypto crash. I own tons of crypto so I really did feel the crash. Ngl, I lowkey now regret voting for trump. If he really wanted to do "America first policy", make people's lives easier first not fckd up. Instead of pouring all those billions to Israel, why not stop and spend it here on infrastructure and stuff instead.
https://redd.it/1o8czev
@r_econ
What the fck is up with trump. These tarrifs are doing more harm than good. The recent tarrifs implemented on china made crypto crash. I own tons of crypto so I really did feel the crash. Ngl, I lowkey now regret voting for trump. If he really wanted to do "America first policy", make people's lives easier first not fckd up. Instead of pouring all those billions to Israel, why not stop and spend it here on infrastructure and stuff instead.
https://redd.it/1o8czev
@r_econ
Reddit
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