Macro Briefing: 2 March 2018

Tariffs announced by President Trump trigger widespread criticism: Politico
Trump’s tariffs are seriously flawed from an economic perspective: The Atlantic
Worries about a new trade war reverberate in Asia: Reuters
Russia’s Putin claims a new weapon that exploits US vulnerabilities: NY Times
US jobless claims fell last week to lowest level since 1969: MarketWatch
Consumer spending edged higher as personal income soared in Jan: AP
ISM Mfg Index rose in Feb, close to 14-year high: RTT
US Mfg PMI slipped in Feb, but still close to 3-year high: IHS Markit
Construction spending in US was flat in January: Fox
Most Americans (70%) have a positive view of foreign trade: Gallup

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