The Supreme Court will hear arguments about the Trump administration’s attempted firing of Fed governor Lisa Cook this week. The outcome could determine how easily the president can dismiss other Fed officials.
Canada recently cut a new deal with China. The EU and South America signed a new free trade agreement. Long-time U.S. trade partners are looking to do business elsewhere.
President Trump announced new tariffs on European nations if they stand in the way of the U.S. acquiring Greenland. The EU could hit back relatively quickly.
While President Trump’s recent order could persuade lenders to issue more mortgages at lower interest rates, the effects could be small and short-lived.