Lighthizer's disciples, closely involved in the "Trump 1.0" trade negotiations, reported that Greer has been nominated to serve as the usa Trade Representative.
It is reported that Greer served as Lighthizer's chief of staff during the Trump 1.0 era, closely involved in the trade policy decision-making at the time, and is expected to play a key role in Trump's 2.0 trade policy.
Trump + Bezos: Fiscal Difficulties Tighten
Source: CICC Insight Authors: Zhang Jundong, Fan Li, Zhang Wenlang Spending is difficult to cut, tax cuts are being pushed, and fiscal tightening is difficult. On November 22, local time, former US presidential nominee and hedge fund manager Scott Benset was appointed as the Secretary of the Treasury, advocating to reduce the budget deficit rate to 3% by 2028. Prior to this, Trump appointed American entrepreneur Musk to co-found and lead the Federal Government Advisory Institutions "Department of Government Efficiency" (DOGE), aiming to "abolish bureaucratic agencies, reduce regulations, and refo
Futu Morning Report | The US stock market party continues! The s&p 500 index has risen for seven consecutive days, setting a new historical high; Federal Reserve meeting minutes: future interest rate cuts will be cautious, and the end of monetary easing i
Market response to Trump's tariff threats: auto stocks wail, the Canadian dollar hits a four-year low, and the Mexican peso plunges nearly 3%; dell technologies drops over 10% after hours, with total net revenue for the third quarter at 24.37 billion USD, below analyst expectations.
Goldman Sachs warns: Trump's tariff proposal will push USA core PCE inflation up by 0.9%.
On Tuesday, Goldman Sachs stated that the proposal by the elected USA President Trump to impose a 25% tariff on commodities from Canada and Mexico, although expected to generate nearly 300 billion US dollars in revenue annually, may exacerbate inflation, leading to a 0.9% increase in USA core PCE inflation. Currently, it is still uncertain whether Trump's tariff proposal will be implemented, as some advisors believe this may be Trump's negotiation strategy rather than final policy.
US stocks in early trading | Nuclear power sector strong! CEG, VST up nearly 4%; most weight loss drug concept stocks are rising, Eli Lilly and Co. up 4%; Dow component stock Amgen down 11%, weight loss drug data fails to satisfy Wall Street
The market is currently digesting the Trump tax policies, with most auto manufacturers' stocks trending downward. Tesla, on the other hand, rose by 1% against the market; Donald Trump-related concept stock Rumble surged by 4%, planning to purchase up to $20 million worth of Bitcoin.
Daiwa's outlook for the US economy in 2025: the era of 'high inflation, slow growth' is coming, interest rate cuts entering the 'slow lane'.
Morgan Stanley believes that Trump's immigration and tariff policies will lead the usa economy to face the dual challenges of slowing growth and persistent inflation next year: GDP growth is expected to slow to 1.9%, while core PCE inflation will remain high at 2.5%. The Federal Reserve will remain cautious about the interest rate path and is expected to begin to pause interest rate cuts in the second quarter of next year.