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Scott Bessent: "We will be taking about $100 billion in tariff income thus far this year, and that's with the major tariffs not having started until the second quarter, so we could expect that that could be well over $300 billion by the end of the year."
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WATCH: Failed politician Stacey Abrams explain how Trump plans to become King of America 🤡
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BREAKING: Copper prices surge as much as +20% after Trump imposes a 50% tariff on copper imports.
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WATCH: Trump says he used his Presidential powers to take Sec. Rubio's Grandfather Clock 🤣
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The closest Papa Johns to the Pentagon is reporting very high traffic for a Tuesday as of 3:12pm ET
The 2nd closest Dominos to the Pentagon has above average traffic.
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The 2nd closest Dominos to the Pentagon has above average traffic.
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💥BREAKING:
🇺🇸 PRESIDENT TRUMP SAYS TARIFFS HAVE HAD “ZERO” IMPACT ON INFLATION.
POWELL “HAS BEEN WHINING LIKE A BABY ABOUT NON-EXISTENT INFLATION FOR MONTHS… CUT INTEREST RATES JEROME.”
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🇺🇸 PRESIDENT TRUMP SAYS TARIFFS HAVE HAD “ZERO” IMPACT ON INFLATION.
POWELL “HAS BEEN WHINING LIKE A BABY ABOUT NON-EXISTENT INFLATION FOR MONTHS… CUT INTEREST RATES JEROME.”
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BREAKING: US financial conditions are now the easiest since September 2024.
By comparison, financial conditions were slightly restrictive in the 2nd week of April.
Recent easing has largely been driven by a weaker US dollar and hopes of rate cuts.
Supporting this view, the Goldman Sachs Financial Conditions Index, adjusted for inflation, has fallen to near its lowest level since 2022.
US markets are already pricing-in rate cuts.
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By comparison, financial conditions were slightly restrictive in the 2nd week of April.
Recent easing has largely been driven by a weaker US dollar and hopes of rate cuts.
Supporting this view, the Goldman Sachs Financial Conditions Index, adjusted for inflation, has fallen to near its lowest level since 2022.
US markets are already pricing-in rate cuts.
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