Last week, the president enacted a sprawling set of tax cuts that he believes to be the ingredients for rapid economic growth, even as fiscal experts warned that the law may injure the poor while putting the U.S. government on a risky new fiscal path.

With the S&P 500 notching records despite promises that more tariffs are coming to everyone from Canada to Brazil to Algeria, Trump told NBC in an interview: “I think the tariffs have been very well-received.

The governor's office is worried enough to cite Trump’s immigration policies as an economic risk in state budget forecasts.

A federal judge on Friday temporarily blocked the Trump administration from using racial profiling to carry out indiscriminate immigration arrests that advocates say have terrorized Angelenos, forced some immigrants into hiding and damaged the local economy.

A federal judge has ordered the Trump administration to stop immigration sweeps and arrests in California, calling them "indiscriminate."