President-elect Donald Trump likely will return to cornerstones of his previous economic platform such as tariffs, lower taxes and sanctions when he assumes office in January, his former Treasury secretary said Thursday.Steven Mnuchin, who held the post throughout Trump's first term from 2017-21, told CNBC that he sees those items...
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Record numbers of wealthy Americans are making plans to leave the U.S. after the election
Ferragudo, Portugal.Gonzalo Azumendi | Stone | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.A growing number of wealthy Americans are making plans to leave the...
Trump’s proposed tariffs could raise prices for consumers and slow spending
Shoppers walk through the Fashion Centre at Pentagon City, a shopping mall in Arlington, Virginia, February 2, 2024.Saul Loeb | Afp | Getty ImagesFor retailers and consumers finally feeling some relief from inflation, President-elect Donald Trump's tariffs proposal introduces fresh uncertainty around how prices could change during his presidency, analysts...
Global ETFs slide as investors see Trump tariff policies hurting trade
A balcony above a trading floor inside the Euronext NV stock exchange in Paris on March 13, 2023.Nathan Laine | Bloomberg | Getty ImagesSeveral U.S.-listed funds tracking global stocks pulled back in Wednesday's session as investors considered Donald Trump's victory harmful to international equities.Closely followed exchange-traded funds from iShares tracking...
Trump win and threat of more tariffs raises expectations for more China stimulus
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019.Aly Song | ReutersBEIJING โ Donald Trump's 2024 presidential win has raised the bar for China's fiscal stimulus plans, expected Friday.On the campaign trial, Trump threatened to...