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Trump team tries to project confidence and calm after his tariff moves rattled markets

Trump administration officials were out in force across the television networks Sunday defending President Donald Trump’s economic policies after another week of reeling markets that saw the Republican administration reverse course on some of its steepest tariffs. Trump, meanwhile, said on his social media platform that there ultimately will be no exemptions for his sweeping tariff agenda, disputing characterizations that he has granted tariff exceptions for certain electronics, including smart phones, whose production is concentrated in China.

Kashkari Says All the Fed Can Do Is Keep Inflation Anchored

(Bloomberg) -- Federal Reserve Bank of Minneapolis President Neel Kashkari signaled confidence that markets will remain orderly as investors sort through President Donald Trump’s shifting trade policies and said the central bank must stay focused on keeping inflation expectations anchored.Most Read from BloombergThe Secret Formula for Faster TrainsNYC Tourist Helicopter Crashes in Hudson River, Killing SixEven Oslo Has an Air Quality ProblemInside the Quiet, Extravagant Expansion of the Frick Co