
US stocks and dollar plunge as Trump attacks Fed chair Powell
The president amps up attack against US central bank boss calling him “a major loser” for not lowering interest rates.
US president’s chief trade adviser is intellectual driving force behind global tariffs and trade war with China
Elon Musk called him “dumber than a sack of bricks” but, in the raw contest for political power, Peter Navarro has outsmarted the billionaire.
The tumult in global trade shows that for now it is the 75-year-old economist, not Musk, who has Donald Trump’s ear in the Oval Office.