Discussions

Will the Tariff Fiasco Screw Up Trump’s ‘Big, Beautiful Bill’?

Photo: Andrew Harnik/Getty Images To those of us who have been closely watching the slow unfolding of Donald Trump’s legislative agenda in Congress, it all looks like a giant Jenga tower: imposing but very fragile. Partly because of his party’s narrow margins of control (particularly in the House) and partly because of the “one big,

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Trump on Tariffs: Relax, I’m ‘Purposely Crashing the Market’

Photo: Andrew Harnik/Getty Images After President Trump announced sweeping tariffs this week, the financial markets saw their steepest one-day declines since 2020, Americans started panic buying everything from TVs to soy sauce, and financial analysts warned that we’re facing “economic Armageddon.” Like many people, I was feeling pretty jittery about the collapse of the post–World

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How Trump’s Tariffs Might Help Amazon — and Hurt Its Customers

Photo-Illustration: Intelligencer America’s top tech stocks plunged after Donald Trump’s tariff announcements, with the so-called Magnificent 7 — Nvidia, Apple, Alphabet, Microsoft, Meta, Amazon, and Tesla — losing more than a trillion dollars in collective value the next day and continuing their bleeding on Friday. The president’s rambling “Liberation Day” proclamation contained different versions of the

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AOC Leads Schumer in Hypothetical 2028 Matchup, Says (Just One) Poll

Photo: Chet Strange/Getty Images Last month, Senate Minority Leader Chuck Schumer rebuffed criticism of his handling of the government spending bill, arguing that averting a shutdown by backing the Republican-led legislation was the best option in an overall terrible situation. “I knew it was a difficult choice and I knew I’d get a lot of

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Trump’s War on Big Law

Photo: Jeenah Moon/The New York Times/Redux You’ll be forgiven if your heart isn’t breaking over the fate of the handful of elite law firms recently targeted by Donald Trump. So a few megarich corporations who help make mega-megarich corporations even richer stand to get a little less rich? We’ve got bigger problems. But don’t skim

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America May Be Staring Down ‘Economic Armageddon’

Photo-Illustration: Intelligencer; Photo: Getty Images Markets around the world plunged on Thursday after President Trump imposed harsh across-the-board tariffs, igniting a probable global trade war. And if there were any hopes that Trump’s tariffs were merely a negotiating tactic, the White House attempted to squash them. Amid the chaos, I spoke with Dan Ives, the

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