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Trump's Trade Policies Ignite Fears of Financial Crisis

7/14/2025

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Summary

Story summary

Trump's trade policies have sparked alarm as Treasury yields climb and the dollar weakens, raising fears of an impending financial crisis. Former IMF official Desmond Lachman cautions that without a shift in strategy, the U.S. could face turmoil ahead of the midterm elections. Meanwhile, gold prices soar, signaling widespread market unease.

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Story summary

Trump's trade policies have sparked alarm as Treasury yields climb and the dollar weakens, raising fears of an impending financial crisis. Former IMF official Desmond Lachman cautions that without a shift in strategy, the U.S. could face turmoil ahead of the midterm elections. Meanwhile, gold prices soar, signaling widespread market unease.