Quotes
That is insane. There is just no other way of describing it,
Liesman emphasized
We need massive amounts of capital if we want to fund our deficits, pay for the things we want to pay for, sell our bonds and have high stock prices, and it seems as if this administration is doing everything it can to chase the foreign capital away.”
He also warnedI’m saying manufacturing is that you can make it happen. And when you get angry, and when you kind of lose your temper, and you get mad ... it gets people nervous and upset,
He warned ... he added, referring to TrumpI’m going to say this at the risk of my job,
senior economics reporter Steve Liesman told business network anchor Kelly Evans regarding Trump’s volatile on-again-off-again tariffs and tariff threatsIf President Trump does what he says he is going to do, yes, I do think we're going to have something that's close to the end of the modern era of globalization,
Setser said
I don't think the goals that this administration has set out are clear yet,
Setser said
They're to raise revenue, tariffs can also be used for retribution. … Tariffs can be used for reciprocity to encourage other countries to lower their tariffs for perceived harms,
Allen saidIn 2017, Chinese imports into the US as a percentage of our total imports peaked at a little bit above 21 percent,
he saidIf you do 50, 60 percent tariffs on China, standard economic analysis would say the trade between the US and China, the direct part, will go to zero. If you put 25 percent tariffs on the entire world or 20 percent tariffs on the entire world, the US will import less. We'll also export less,
he said
I don’t think the average American consumer who wakes up in the morning and goes to work… changes what they’re going to do because they read about tariffs,
Dimon said in an interview with Semafor on Wednesday
The collective impact in the short run is that people are pausing, they’re pulling back,
Fink told CNN’s Kayla Tausche in an exclusive interviewI would put in perspective: If it’s a little inflationary, but it’s good for national security, so be it,
Dimon said in an interview with CNBC at the timeRight now the president is focusing on tariffs, but when he talks about reciprocal tariffs, actually, that may bring down tariffs over the long run,
Fink said, addingNo reasonable auto executive can make such investments if the expected returns can be wiped out at the stroke of a pen,
Dover said
For now, we are hoping there are solutions that will lead to a sensible tariff regime between regions,
Porsche CFO Jochen Breckner said on a press callNearly everyone in the economy is struggling to comprehend wild swings in Washington policies, and their implications for everyday decisions,
said Stephen Dover, chief market strategist at asset manager Franklin TempletonSome of my suppliers can be affected and we are starting to see some disruption, ... We are in a trade war and when a trade war begins, it tends to sustain itself and feed itself.”
he said, addingEvery member of the Trump administration is playing from the same playbook—President Trump’s playbook—to enact an America First agenda of tariffs, tax cuts, deregulation, and the unleashing of American energy,
White House spokesperson Kush Desai told the paperSecretary Lutnick’s long and immensely successful private sector career makes him an integral addition to the Trump administration’s trade and economic team,
Desai told The JournalOne of the cute old ladies that comes into my job was asking me if we had this today and when I asked her what’s that, she couldn’t hold it together on the small pickle part.”
Canadians ... Another shared an amusing anecdote