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May 5, 2025: The dolls and pencils economy

Published 9 months, 3 weeks ago
Description

If one issue has defined President Donald Trump’s second term, it is the economy. Markets continue to deal with tariff-induced whiplash, and people around the country are bracing for higher prices to hit home. But rather than denying the possible hits to people’s wallets, Trump has taken to projecting a new message: settle for less. Playbook managing editor and author Jack Blanchard and POLITICO White House bureau chief Dasha Burns discuss. Plus, what’s next for Secretary of State Marco Rubio?

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