President Trump's Tariffs and Trade Negotiations

President Trump is not looking to pause tariffs despite stock market turmoil and global economic fears. He believes negotiations can lead to fair deals and substantial tariffs. Market turbulence has followed his announcement last week of sweeping global tariffs.

Historical Patterns of Financial Crises in August

Historically, August has been a month marked by financial crises and market turbulence. Events such as the Gulf War, the collapse of communism, the Russian debt default, the financial crisis of 2007-2008, and the devaluations of the British pound have all occurred in August or have had significant consequences in subsequent months.