Gold Holds Near Record as Trump’s Looming Levies Boost Havens

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Gold held near Monday’s fresh record, as a wave of volatility sent traders to havens ahead of President Donald Trump’s expected tariff rollout, which has heightened concerns the global economy is heading for a trade war.

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Very Concerned About Tariffs: Heritage Foundation's Hale

Very Concerned About Tariffs: Heritage Foundation’s Hale

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Andrew Hale, Senior Policy Analyst for Trade Policy at the Heritage Foundation, shares his thoughts on President Trump’s reciprocal tariffs announcement and states that if these tariffs are maintained the United States may get a recession and high inflation. Hale also discusses how he believes these tariffs could deter President Trump’s agenda, create victories for the Democratic party, and affect Trump’s MAGA base. Andrew Hale speaks with Kailey Leinz and Joe Mathieu on the late edition on Bloomberg’s “Balance of Power.” (Source: Bloomberg)

How Trade Wars Impact the Green Transition — What We Know So Far

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Markets are still reacting to sweeping tariffs announced by US President Donald Trump on Wednesday. BloombergNEF gives us their first reaction below. Then, read one recently laid-off official’s account of how cuts to the CDC’s climate program will impact average Americans. For unlimited access to climate and energy news, please subscribe.