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☆ Donald Trump falsely suggests Kamala Harris ‘happened to turn Black’
▼ + stars: | 2024-07-31 | by ( Eric Bradner | Aaron Pellish | ) edition.cnn.com time to read: +7 min

CNN —Former President Donald Trump falsely claimed Wednesday that his 2024 Democratic rival, Vice President Kamala Harris, “happened to turn Black” a few years ago, saying that “all of a sudden, she made a turn” in her identity. I didn’t know she was Black until a number of years ago, when she happened to turn Black, and now she wants to be known as Black. So I don’t know, is she Indian or is she Black?” the former president said. You have attacked Black journalists, calling them a ‘loser,’ saying the questions they ask are, quote, ‘stupid’ and ‘racist.’ You’ve had dinner with a White supremacist at your Mar-a-Lago resort. You’re voting for the president,” Trump said.

Persons: Donald Trump, Kamala Harris, “, Harris, ” Trump, –, ”, Barack Obama, Harris ’, Trump, Rachel Scott, Semafor’s Kadia Goba, Fox News ’ Harris Faulkner, Scott, Nikki Haley, ’ You’ve, Black, Tim Scott of, Feedback Trump, CNN Scott, Karine Jean, Pierre, ” Jean, NABJ, Abraham Lincoln, Lyndon B, Johnson, Daniel Dale, Scott Wednesday, rioter Ashli Babbitt, Vance, Fox News ’ Faulkner, Ohio Sen, JD Vance, who’s, CNN’s Donald Judd Organizations: CNN, Democratic, Republicans, Capitol, National Association of Black Journalists, Howard University, Wednesday, ABC, Fox News, Trump, Sen, White, ”, Civil, CNN Capitol Locations: Chicago, Indian, United States, Oakland , California, Washington, American, Lago, Tim Scott of South Carolina

Republican presidential nominee Donald Trump said Monday that while he "probably" will debate Vice President Kamala Harris, he "could also make a case" for avoiding a face-to-face confrontation with his likely Democratic opponent. Before that debate, Trump had repeatedly challenged Biden to face him "anytime, anywhere, anyplace." But when asked about debating Harris, he struck a different tone. "We'll see if Trump shows," Harris campaign spokesman Michael Tyler said in a statement. While Trump told reporters last week he would be willing to debate Harris "multiple times," he also said that he was "not thrilled about ABC."

Persons: Kamala Harris, Donald Trump, Trump, Harris, Joe Biden, —, Biden, I've, Fox, Laura Ingraham, Ingraham, Michael Tyler, Tyler, Let's, They're, Kamala, Steven Cheung Organizations: Democratic, West Allis Central High School, Republican, Fox News, Trump, GOP, ABC, Team Trump, Democrat Party Locations: Milwaukee , Wisconsin

☆ JD Vance once said he hates the police and that Trump is a 'morally reprehensible human being,' emails show
▼ + stars: | 2024-07-28 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

The emails show Vance, who had yet to embark on his run for the Senate, writing to his classmate Sofia Nelson, a Detroit-based public defender. In them, Vance denounced the GOP's embrace of Trump, calling the former president a "morally reprehensible human being," and expressed disappointment with law enforcement after the killing of Michael Brown, a Black 18-year-old, in 2014. AdvertisementIn 2015, Vance wrote that he was "obviously outraged at Trump's rhetoric," comparing him to a demagogue "willing to exploit the people who believe crazy shit." He also wrote in 2016 that "the more white people feel like voting for trump, the more black people will suffer. In a text message to a different former Yale classmate in 2016, Vance wondered if Trump could be "America's Hitler."

Persons: —, JD Vance, Donald Trump, Vance, Sofia Nelson, Nelson, Michael Brown, I've, Luke Schroeder, Trump, Schroeder, Sofia, Trumper, MAGA, Kamala Harris, Trump's, Harris, JD Organizations: Service, Yale University, The New York Times, Senate, Times, Business, Trump, New York Times, Yale, Fox News Locations: Ohio, Detroit, Arkansas

☆ Donald Trump once trashed bitcoin as ‘based on thin air.’ Now, he’s addressing crypto’s largest convention
▼ + stars: | 2024-07-27 | by ( Steve Contorno | Aaron Pellish | ) edition.cnn.com time to read: +8 min

Trump’s campaign would not say what sparked the former president’s 180-degree turn on bitcoin. Billionaire crypto tycoons Tyler and Cameron Winklevoss each pledged to donate $1 million worth of bitcoin to Trump’s campaign. The cryptocurrency industry has experienced a resurgence since the downfall of FTX. Trump supporters were not hard to find inside the Bitcoin Conference. Luke Broyles, a 25-year-old Michigander working in the crypto industry, was similarly unsure of Trump’s latest entreaties despite his recent rhetoric.

Persons: Donald Trump, Trump, bitcoin “, ”, ” Trump, Jacob Silverman, bitcoin, Sam Bankman, Larry David, Tom Brady, Fried, Brian Hughes, South Carolina Sen, Tim Scott, ” Scott, David Bailey, Bailey, cryptocurrency, tycoons Tyler, Cameron Winklevoss, Cryptocurrency, Ohio Sen, JD Vance, David Sacks, Biden, ” Sacks, “, ” Tyler Winklevoss, Eric Soufer, cryptocurrencies, ” Soufer, FTX, Robert F, Kennedy Jr, John Fischer, ” Fischer, Luke Broyles, Trump’s, ” Broyles Organizations: Nashville CNN, Twitter, United States, Biden, Capitalism, CNN, Republican, Trump, South, BTC Inc, Mar, Commission, Billionaire, Music City Center, Independent, Pew, Libertarian Party, Bitcoin Conference Locations: USA, Nashville, United States, Wisconsin, St, Cloud , Minnesota, South Carolina, Silicon, Washington, Atlanta, cryptocurrency

☆ How Elon Musk could benefit from a second Trump presidency
▼ + stars: | 2024-07-26 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

Read previewWith a few pen strokes, Donald Trump could make many of Elon Musk's problems go away. But Musk also stands to gain with a new administration controlling federal regulations. But with Trump as president, Musk wouldn't even need to dismantle the so-called "administrative state" to get federal agencies out of his way. As president, Trump could direct the Justice Department and other executive agencies to drop any actions against Trump and his friends' businesses, Gernhardt told BI. Existing federal laws from the EPA and Department of Interior could be relaxed, Blanchard said.

Persons: —, Donald Trump, Elon, Musk, Joe Biden, Trump, JD Vance —, Michael Gerhardt, Gernhardt, Jilian Blanchard, Blanchard, Gerhardt Organizations: Service, Business, University of North, SEC, SpaceX, Justice Department, Good Government, National Environmental, EPA, Department of Interior, Securities, Exchange Commission, Twitter, Interior Department Locations: Ohio, Silicon, University of North Carolina, Chevron, Texas

☆ Video: Nikki Haley said in January that if Trump was GOP nominee, Harris would be president. Hear her thoughts now
▼ + stars: | 2024-07-25 | by ( Caroline Baxendale | ) edition.cnn.com time to read: 1 min

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☆ What would happen to U.S. carmakers if Trump allows Chinese EV makers to produce in the U.S.?
▼ + stars: | 2024-07-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat would happen to U.S. carmakers if Trump allows Chinese EV makers to produce in the U.S.? Michael Dunne of Dunne Insights explains why he thinks former President Trump may allow Chinese EV makers to produce in the United States.

Persons: Michael Dunne, Dunne, Trump Organizations: Trump Locations: U.S, United States

☆ Vance’s selection solidifies Trump’s hold over the GOP
▼ + stars: | 2024-07-24 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +18 min

It’s just a decisive move toward America First on foreign policy.”Trump’s selection of Vance is one of the clearest barometers of the former president’s tightening hold over the GOP. Those included Christian conservatives, the business community, congressional insiders and traditional Republican foreign policy hawks shaped by Ronald Reagan’s vision of the US as the muscular leader of the free world. Instead, with Vance, Trump chose an acolyte and potential successor who could deepen and extend the direction the former president has set for the party. Vance has been most unequivocal in criticizing the internationalist approach to foreign policy centered on robust alliances. With the selection of Vance, Trump has broadcast his belief that he has conclusively won the internal GOP debate over all aspects of US interactions with the world – foreign policy, immigration and trade.

Persons: Ohio Sen, JD, Donald Trump’s, Republican Party’s reorientation, Vance, Trump, Trump’s, ”, Bill Kristol, “, It’s, Mike Pence, Ronald Reagan’s, Geoffrey Kabaservice, Dwight Eisenhower, Sen, Robert Taft, Taft, Richard Nixon, Ronald Reagan, George W, Bush, John McCain, Mitt Romney –, Patrick J, Buchanan’s, George H.W, George H.W . Bush, John Bolton, Bolton, James Mattis, Mark Esper, State Rex Tillerson, Mike Pompeo, Ivo Daalder, Barack Obama, Richard Fontaine, Republican Sen, Fontaine, “ Vance, Matthias Matthijs, Vance’s, Ohio Republican unreservedly, Donald Trump, ” Vance, Steve Bannon, Joe Biden, Adam Kinzinger, He’s, he’s, Biden, ” Trump, Vladimir Putin, Volodymyr Zelensky, ” Daalder, ” Matthijs, Putin, Aaron Friedberg, Gabriel Schoenfeld, Nikki Haley, Reagan, Haley Organizations: CNN, Ohio, Republican, GOP, Trump, America, New, Niskanen Center, Republican Party, American Free Trade, NATO, ”, H.R, McMaster, Defense, State, Chicago Council, Global Affairs, Center, New American Security, Johns Hopkins ’ School, International, Senate, Ohio Republican, NAFTA, Fox News, Air Force, National Guard, Businessweek, Taiwan, Biden, Chicago, South Carolina Gov, Ukraine Locations: New York, mollifying, Europe, Soviet Union, China, Canada, George H.W ., Asia, Ukraine, New American, Russian, Johns, America, Pennsylvania, Michigan, Israel, Taiwan, Vietnam, Afghanistan, Iraq, Milwaukee, Moscow, ”, Wisconsin, Mexico ”, Kabul, Kyiv, Trump

☆ Elon Musk says a Trump presidency would be good for Tesla, but 'devastating' for its rivals
▼ + stars: | 2024-07-24 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

Elon Musk was asked what would happen if Trump won the election and withdrew government support for EVs. He said it would be "devastating" for Tesla's rivals but would probably help Tesla "long term." Musk has been an outspoken supporter of Trump in recent weeks, despite his earlier criticism of EVs. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk thinks a Trump presidency could be good for Tesla, but "devastating" for its rivals.

Persons: Elon Musk, Trump, Tesla, —, Elon, Musk, Joe Biden's Organizations: EVs, Trump, Service

☆ Trump 2.0 could go 'nuclear' on China trade, while economists say Harris would remain tough
▼ + stars: | 2024-07-24 | by ( Dylan Butts | ) www.cnbc.com time to read: +5 min

According to Prasad and other experts, Harris' approach to China would likely be similar to that of Biden. Trump's biggest diversion from Biden-era trade policy would likely be tariffs levied on China. The Trump administration reached a "phase one trade deal" with China in 2019, but few terms were honored and subsequent phases never materialized. Tech warwatch nowThe Biden administration also announced rules limiting U.S. investment in Chinese firms developing sensitive technologies, citing national security concerns. She said channels for the two countries to discuss policy issues decreased significantly during the Trump administration, whereas the Biden administration emphasized its diplomatic engagement efforts.

Persons: Donald J, Trump, Bill Pugliano, Donald Trump, Joe Biden, Eswar Prasad, Kamala Harris, Biden, Prasad, Harris, Biden —, Stephen Weymouth, Economist Stephen Roach, William Reinsch, Scholl, Reinsch, JD Vance, Arthur Dong, Chris Miller, Miller, Rorry Daniels Organizations: Van, Getty, House, CNBC, U.S, Cornell University, Trump, International Monetary, Georgetown University, Economist, Center for Strategic, International Studies, Beijing, Georgetown, Tech, Asia Society Policy Institute Locations: Grand Rapids , Michigan, China, Beijing, Ohio, Washington, U.S, Japan, Netherlands

☆ Investors are missing how this solar stock would benefit if Trump wins the election, Morgan Stanley says
▼ + stars: | 2024-07-24 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

First Solar could emerge as clean energy winner under a second Trump administration, and investors should consider buying the stock on the cheap after its recent sell-off on "overblown" election risks, according to Morgan Stanley. But the risk of Republicans repealing the IRA is overblown, Morgan Stanley analyst Andrew Percoco told clients in a research note Tuesday. First Solar benefits from Trump tariffs Investors are missing how First Solar actually stands to benefit from tougher tariffs against China under a Trump administration, he said. Morgan Stanley estimates that the domestic tax credits currently represent about $101 of First Solar's $220.24 share price. Morgan Stanley has a price target of $331 for First Solar, implying 50% upside from Monday's close of $220.24.

Persons: Trump, Morgan Stanley, Joe Biden, Donald Trump, Goldman Sachs, Andrew Percoco, Brian Lee, Percoco, Goldman, wouldn't Organizations: White, GOP, Republicans, China, FSLR, Renewables Locations: U.S

☆ Trump wants a weaker dollar, but analysts say his policy direction points to just the opposite
▼ + stars: | 2024-07-23 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

Republican presidential nominee Donald Trump has said he wants a weaker dollar to boost US exports. Economists and analysts say a weak dollar policy would be costly and politically difficult to implement. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRepublican presidential nominee Donald Trump has made it clear he would like a weaker dollar to make American exports more competitive. But economists and analysts are flagging challenges to making the greenback weaker — especially if Trump wins a second term.

Persons: Donald Trump, —, Michael Strobaek, Lombard Odier Organizations: Service, Trump, Lombard, Business Locations: America, Swiss

☆ A 'Trump trade' hedge using options
▼ + stars: | 2024-07-22 | by ( Michael Khouw | ) www.cnbc.com time to read: +3 min

The reason this matters to investors is the so-called Trump trade. The stock market did very well following former President Donald Trump's victory over Hillary Clinton in November 2016, but smaller businesses, in particular, were beneficiaries. When we listen to some of the policy ideas that Trump has discussed, such as measures intended to protect smaller U.S.-based businesses, companies in the small-cap Russell 2000 index stand to benefit. Since the June 27 debate, the Russell 2000 has outperformed the S & P 500 by more than 6 percentage points. So, investors must acknowledge that if Trump's path to victory against Harris or a potential unknown pinch-hitter is less certain, then uncertainty must, by extension, apply to the Trump trade.

Persons: Joe Biden, Biden, Kamala Harris, Donald Trump's, Hillary Clinton, Trump, Russell, Harris, — Organizations: Trump, CNBC, NBC UNIVERSAL Locations: IWM

☆ Democrats may still lose the White House. But Biden stepping aside was the only way to change the race.
▼ + stars: | 2024-07-21 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Democrats have taken an unprecedented risk in pushing President Joe Biden out of the 2024 race. Biden was well on his way to becoming a one-term president. Needing a way to upend the race, Biden's campaign gambled on scheduling the earliest major presidential debate in history. Democrats' crescendoing calls for Biden to step aside on Friday, with at least nine saying Biden should step aside in just one day, underlined how untenable the situation had become. As Atlantic editor Ron Brownstein has pointed out, based on future Senate maps, Democrats could be facing years in the minority.

Persons: Joe Biden, Biden, Donald Trump, Trump's, Kamala Harris, Sen, JD Vance, Ohio, Harris, Trump, Ron Brownstein Organizations: Service, Business, Biden, Republican, GOP, Atlantic

☆ The 'Trump trade' is on pause. Political uncertainty is now in the driver's seat
▼ + stars: | 2024-07-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +11 min

It didn't take long to remember what a second Donald Trump presidential term would mean for the stock market, did it? He talked about how interested he was in the stock market and that he wanted his kids to learn so they watched my show together. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Donald Trump, Mike Pence, Sen, JD Vance, Mary Elizabeth Lease, Joe Biden, Biden's, Trump, Biden, let's, Kamala Harris, Doug Emhoff, —, Harris, that's, Lina Kahn, Jonathan Kanter, Vance, Mark Spitznagel, Spitznagel, Bristol Myers, ., Jim Cramer's, Jim Cramer, Jim, Chris Kleponis Organizations: Republican, Populist Party, Democratic Party, Devices, Nvidia, Biden, White House, Democratic, White, Big Tech, Federal Trade Commission, Biden Democrat, Trump, Nasdaq, Street, Universa Investments, Yahoo, America, Microsoft, Google, Palo Alto Networks, Palo Alto, Starbucks, Apple, PepsiCo, Myers Squibb, Pepsi, Jim Cramer's Charitable, CNBC, US, Afp, Getty Locations: Ohio, China, U.S, Taiwan, idiocy, Bristol, . Horton, Washington ,, Pennsylvania

☆ Opinion | One of the Republican Convention’s Weirdest Lies
▼ + stars: | 2024-07-21 | by ( David French | ) www.nytimes.com time to read: +1 min

I watched hour upon hour of the Republican National Convention, something I’ve done every four years since I was a young political nerd in 1984. Speaker after speaker repeated the claim that America was safer and the world was more secure when Trump was president. If past performance is any indicator of future results, Americans should brace themselves for more chaos if Trump wins. The theme of the second night of the convention was “Make America Safe Again.” Yet the public mustn’t forget that the murder rate skyrocketed under Trump. According to the Pew Research Center, “The year-over-year increase in the U.S. murder rate in 2020 was the largest since at least 1905 — and possibly ever.”

Persons: Mitt Romney, Donald Trump, Trump, ” Organizations: Republican National Convention, Republican, America, Trump, Pew Research Center Locations: America, Russia, U.S

☆ Biden will not seek reelection; endorses Harris
▼ + stars: | 2024-07-21 | by ( Michael Williams | ) edition.cnn.com time to read: +8 min

CNN —President Joe Biden says he is not seeking reelection in a letter posted to his official account on X. “It has been the greatest honor of my life to serve as your President,” Biden wrote. “My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President,” Biden wrote. It’s also the latest shocking development in a highly charged political campaign that has included an attempt on Trump’s life. The mood in the White House and at Biden’s campaign headquarters in Wilmington had turned sour.

Persons: Joe Biden, Kamala Harris, ” Biden, Biden, Harris, it’s, I’ve, Kamala, ”, Donald Trump, Lyndon Johnson, It’s, –, “, Lloyd Doggett, George Clooney, ABC’s George Stephanopoulos, Stephanopoulos, didn’t, Adam Schiff, Nancy Pelosi, “ He’s, ‘ Kamala can’t, ’ Organizations: CNN, Trump, White, New York Times, NATO, White House, Democrat, Former, Biden Locations: Wilmington, Texas

☆ Facing difficult frontline reality and the prospect of Trump in the White House, Zelensky hints at negotiations with Russia
▼ + stars: | 2024-07-20 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +12 min

Zelensky suggested Moscow should send a delegation to the next peace summit that he hopes to hold in November. Kyiv is currently facing the double whammy of a difficult frontline situation and political uncertainty over the level of future support from Ukraine’s closest allies. Trump and Zelensky spoke on Friday in what Trump called a “had a very good phone call”. Putin said Russia would end its war in Ukraine if Kyiv surrendered the entirety of four regions claimed by Moscow: Donetsk, Luhansk, Kherson and Zaporizhzhia. Despite being considerably bigger and stronger than Ukraine, Russia has not managed to fulfil its territorial goals – even when Kyiv was receiving only limited help from the West.

Persons: Volodymyr Zelensky, Zelensky, –, Germany –, Ukraine John Herbst, Donald Trump, JD Vance, Herbst, Trump, ”, Vladimir Putin, Putin, Orysia Lutsevych, Russia … Putin, Lutsevych, Riley Bailey, Bailey, “, ” Bailey, hasn’t, Vance, Libkos, Ukraine wasn’t, doesn’t, ” Herbst, Ukraine doesn’t, you’re Organizations: CNN, NATO, Monday, Aspen Security, –, Chatham House, Kyiv, Trump, Democrats, ” Locations: Russia, Moscow, Switzerland, Ukraine, Kyiv, Ukraine’s, United States, Germany, Donetsk, Luhansk, Kherson, Zaporizhzhia, Eurasia, Chatham, Kharkiv, Europe, Afghanistan, Crimea, Kerch, Russian

☆ 8 takeaways from Trump's RNC speech — the first since his attempted assassination
▼ + stars: | 2024-07-19 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +10 min

It was also Trump's first speech since he named Sen. JD Vance of Ohio as his running mate. As Trump's speech continued, the UAW fired back, calling him a "scab and a billionaire." — UAW (@UAW) July 19, 20247. Displaying it again roughly an hour into his speech, Trump described it as "the chart that saved my life." It was the longest presidential nomination acceptance speech in recorded historyAt 92 minutes, Trump's speech on Thursday night appeared to be the longest ever delivered by a major party's presidential nominee.

Persons: —, Donald Trump, Trump, Sen, JD Vance, Ohio, Joe Biden, it's, — Donald Trump, Corey Comperatore, Kamil Krzaczynski, Cory —, Helen, jacker, he's, Aileen Cannon's, Vance —, Usha, Vance, he'll, Patrick T, Fallon, Biden, I'm, Shawn Fain, Fain, that's Organizations: Service, Republican, Republican National Convention, Business, Trump, Pennsylvania, RNC, Getty, Democrat Party, Yale Law School, Yale, United, United Auto Workers, UAW, — UAW, Border Patrol, — Media Research Center, American, University of California Locations: Milwaukee , Wisconsin, Pennsylvania, Trump's, AFP, United States, Santa Barbara

☆ A pause to the 'Trump trade': The stock market impact if Joe Biden drops out of election
▼ + stars: | 2024-07-19 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

"Should Biden leave the race, we would not immediately change our electoral odds (60% Trump vs. 40% Biden/Dem). However, we would note that the policies of a potential Harris administration would largely align with those of President Biden," Mills said. "The primary market moves on election night will come through the equity side as a result of significant regulatory policy divergences. Under a Biden win, it will be status quo in markets. With a Trump win, [stocks] will get some serious legs," Jefferies chief market strategist David Zervos said in a Friday note to clients.

Persons: Joe Biden, Donald Trump, Biden, Raymond James Washington, Ed Mills, Stocks, Trump, Harris, Mills, MAGA, TD Cowen, Chris Krueger, David Zervos Organizations: NBC, Trump, Biden, Federal, Democratic, Traders, Republican, Democratic Party, GOP, Senate, Jefferies

☆ These stocks will be the winners and losers of rising U.S.-China trade tensions, Wall Street says
▼ + stars: | 2024-07-19 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

For Europe, the prime concern is tariffs," wrote Goldman analysts. "If the entire impact came in 2025 this would be enough to eliminate any growth that year (our current top-down forecast is 4%)," Goldman wrote. Within sectors, beneficiaries of rising trade risks tend to be defensive stocks such as utilities, health care as well as Europe's GRANOLAS stocks, according to the bank. But he says a "meaningful selloff" in mega tech will see other names "pushed down as collateral damage." And if the AI narrative plays out as expected, a material sell-off in Mega Tech will present a buying opportunity in those names as well," he wrote.

Persons: Biden, Donald Trump, Trump, Europe's, Goldman Sachs, Goldman, Louis Navellier, — CNBC's Michael Bloom Organizations: Bloomberg, Taiwan, Trump, U.S, JPMorgan, China Gas, Power, Huaneng, Republicans, National Security, Hire, GSK, Roche, ASML, Nestle, Novartis, Novo Nordisk, L'Oreal, LVMH, AstraZeneca, SAP, Sanofi, Liquide, Tobacco, Dassault Systemes, Intercontinental Hotels, Nvidia, Navellier, Associates, Mega Tech Locations: China, Taiwan, U.S, Hong Kong, Europe, United States, Germany, France, Stellantis

☆ The Trump trade: how a red wave could impact stocks, bonds, and commodities
▼ + stars: | 2024-07-19 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

Read previewAs we near the November elections, investors are increasingly focused on what a Donald Trump win would mean for global markets and economies. The charts below show how stock sectors moved in the 24 hours after the debate and how a Trump administration might impact sectors with varying regulatory burdens. If Trump wins, investors will need to cut through the noise and at least understand how he might impact different parts of the economy. Where monetary policy is concerned, leading economist Christophe Barraud believes a Trump administration could pressure the Federal Reserve to be very accommodative on rates, in other words, steeper or sooner cuts. It expects a Trump Administration to allow LNG export permits after the Biden Administration attempted to halt them.

Persons: —, Donald Trump, Goldman Sachs, Joe Biden, Trump, Solita, Samantha Lamas, Goldman, Goldman's Jan Hatzius, Christophe Barraud, Bloomberg Businessweek Trump, Morgan Stanely, Morgan Stanley Organizations: Service, Trump, Business, Trump Media, Technology, UBS, Americas Global Wealth Management, Morningstar, Federal Reserve, Bloomberg Businessweek, Korea, Asia Pacific's, Republican, Trump Administration, Biden Locations: Predictit, Mexico, Canada, China, Japan, Germany, Asia, Goldman Sachs, Washington

☆ Asia is preparing for a rogue US if Trump and Vance win the election, security and foreign policy experts say
▼ + stars: | 2024-07-18 | by ( Matthew Loh | Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewFormer President Donald Trump upended the election tradition of "balancing the ticket" when he picked Ohio Sen. JD Vance as his running mate. Vance, a former Trump critic turned MAGA stalwart, has voiced foreign policy views in lockstep with Trump. "I think Trump's tenure has shown that fears of abandonment or ignorance of politics in Asia are overblown," he said. US-China relations won't change much, whether it's Trump or Biden at the wheelEven though Trump started the US-China trade war, experts say that China won't be too bothered if he returns to the White House. AdvertisementFor one, the Biden administration has kept most of Trump's China tariffs in place.

Persons: —, Donald Trump upended, Ohio Sen, JD Vance, MAGA, Asia that's, Vance, Trump, Dylan Loh, Loh, Chong Ja Ian, It's, it's Trump, Biden, NTU's Loh, Joe Biden hasn't, Kevin Chen, Mr Trump, Chen Organizations: Service, Trump, Business, Pacific, Asia, Nanyang Technological University, NTU, National University of Singapore, NATO, Democrat, Republican, NTU's, Rajaratnam, of International Studies Locations: Asia, lockstep, China, Ukraine, Europe, Japan, South Korea, Taiwan, Philippines, South China, France, Beijing, Pacific

☆ Could a Trump-Vance win reshape America’s relationship with China – and Taiwan?
▼ + stars: | 2024-07-18 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

Vance was swift to name China the “biggest threat to our country,” in an interview with Fox News Monday as the RNC got underway. He’s made countering what Washington says is a security threat from China a cornerstone of his foreign policy, even as he’s worked to stabilize communications with Beijing. And Beijing – which is grappling with its own economic woes – may be preparing for more friction if Trump takes office. The substance of Biden’s China policy – in terms of sanctions, tariffs and competition – has not been that different from Trump’s, she noted, and Biden has been keener on strengthening alliances and coalitions to counter China together. “But the style of Biden’s China policy is more predictable and stabilizing.

Persons: Donald Trump, JD Vance, Vance, Joe Biden, “, ”, ” Vance, Trump, China –, That’s, ’ Vance, Sergey Lavrov, Vance doesn’t, Marco Rubio, Xi Jinping, He’s, he’s, ” Brian Wong, Qilai Shen, Biden, They’ve, Cho Jung, ” Cho, Yun Sun, –, keener Organizations: Hong Kong CNN, Republican, Republican National Convention, Chinese Communist Party, Foreign, Trump, NATO, Ukraine, Fox News, RNC, University of Hong Kong’s, Contemporary, of, People, Bloomberg, Getty, Communist Party, Bloomberg Businessweek, US, China’s Foreign Ministry, Stimson Center, World Trade Locations: Hong Kong, Ohio, Washington, China, Asia, Beijing, Europe, Ukraine, Russia, Russian, America, Florida, Contemporary China, Taiwan, Taipei, Taiwan Strait, Japan, South Korea, US

Read previewFormer President Donald Trump said the Federal Reserve should not cut interest rates before the presidential election, according to an interview he did with Bloomberg Businessweek. The Federal Open Market Committee has two interest rate decisions scheduled before the election in July and September. "I think it's past time for them to cut interest rates," Zandi said. During a February interview with Fox News, Trump accused Powell of being "political" and planning interest rate cuts to coincide with the election. "I think he's going to do something to probably help the Democrats, I think, if he lowers interest rates," Trump said, adding that "it looks to me like he's trying to lower interest rates for the sake of maybe getting people elected."

Persons: —, Donald Trump, Trump, Jerome Powell, Mark Zandi, Powell, Zandi, Claudia Sahm, Sahm, he's Organizations: Service, Federal Reserve, Bloomberg Businessweek, Business, Democratic, Federal, Reserve, Banking, Housing, Urban Affairs, Fed, New Century Advisors, Fox News, Stanford's Business, Government, Society, Trump, Wall Street

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