-
Trump's Tariff Policy Is Working Spectacularly
What a volatile week we just had. High threatened tariffs were paused, mostly because about half of the world was eager to negotiate a new trade deal. The stock market couldn't decide if it should go up or down, so we saw spectacular moves in both directions.
-
Taiwan President: 1st Phase of US Tariff Talks 'Smooth'
Taiwan's first phase of tariff talks with the United States went "smoothly" and the government hopes to take this challenge as an opportunity to promote a new Taiwan-plus-the-United States layout for trade, President Lai Ching-te said Monday.
-
Kevin Hassett: Trump's Trade Strategy Going to Plan
The Trump administration's trade strategy is all going according to plan, even with the turnabouts on tariffs, as it addresses the United States' "national emergency" of being too dependent on foreign goods, National Economic Council Director Kevin Hassett said.
-
Schumer, Warren Call on SEC to Probe Tariff Pause
Senate Minority leader Chuck Schumer, D-N.Y., and Sen. Elizabeth Warren, D-Mass., called for a probe into whether Trump administration officials or those close to them profited from insider knowledge of President Donald Trump's pause on tariffs announced this week.
-
Brokerages Slash S&P 500 Annual Targets
Analysts expect U.S. President Donald Trump's tariffs to weaken global economic growth, fuel volatility in global markets and raise inflationary pressures.
-
Consumer Sentiment Plunges on Trade War Angst
Consumer sentiment fell sharply in April, the fourth consecutive month of declines, as an intensifying trade war fueled anxiety over American jobs and rising inflation.
-
Trump: Tariffs Succeeding Despite China's Response
President Donald Trump said Friday that his administration's tariff policy is succeeding, after China's announcement that it is responding to his moves by raising its tariffs on American goods to 125%.
-
Sen. Ricketts: China 'One of Biggest Offenders' on Tariffs
China has remained one of the "biggest offenders" when it comes to tariffs against the United States, including with its announcement Friday that it will enforce retaliatory tariffs of 125% on U.S. goods in response to President Donald Trump's moves, Sen. Pete Ricketts said.
-
Wholesale Inflation Falls More Than Expected to 2.7%
U.S. monthly producer prices unexpectedly fell in March amid a sharp decline in the cost of energy products, but tariffs on imports are expected to drive inflation higher in the coming months.
-
Jamie Dimon: Economy Facing 'Considerable Turbulence'
JPMorgan Chase CEO Jamie Dimon warned Friday the U.S. economy faces "considerable turbulence," Yahoo Finance reports.
-
UN: Tariffs to Be 'Catastrophic' for Developing Nations
"Reciprocal tariffs" and countermeasures could have a catastrophic impact, even worse than foreign aid cuts, on developing countries, the director of the United Nation's trade agency told Reuters on Friday...
-
US-China Tariff Turmoil Rings Recession Alarm
Beijing Friday increased its tariffs on U.S. imports to 125%, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods to 145% and raising the stakes in a trade war that threatens to up-end global supply chains.
-
Tariffs Threaten to End Quarter Century of Cheap Goods for US
President Donald Trump's new tariffs threaten to push up prices on clothes, mobile phones, furniture and many other products in the coming months, possibly ending the era of cheap goods that Americans enjoyed for about a quarter-century before the pandemic.
-
Short-Term Pain, Long-Term Gain - The Golden Age of Trump and Equalization Tariffs
For over 40 years, the American leaders have tolerated tariffs imposed on their citizens, but change is on the horizon.
-
Are We Headed for a Trump Recession or Worse?
President Donald Trump's reelection ignited expectations for strong growth but with more inflation. Promises for leaner government, less regulation and lower taxes, assumed U.S. leadership in Artificial Intelligence helped continue an equities rally.
-
Freight Orders Surge After Trump Tariff Pause
The shipping industry appeared to breathe a sigh of relief after President Donald Trump's decision to pause reciprocal tariffs on foreign imports for 90 days, with bookings for freight deliveries surging.
-
Fed's Goolsbee Backs Wait-and-See on Interest Rates
Chicago Federal Reserve President Austan Goolsbee said Thursday the U.S. central bank should hold its monetary policy steady until there is greater clarity regarding rapidly shifting government policies.
-
US Retailers See Imports Falling 20% in H2 2025
U.S. container imports rose 11% year over year in March, continuing this year's outsized monthly gains, but U.S. President Donald Trump's escalating tariffs are dimming the outlook for later this year, trade executives said.
-
Fed Foresees Tariffs Risking Jobs, Higher Inflation
President Donald Trump's pause on some of his new import taxes may have eased some of the stress building in financial markets for now, but leaves in place the same set of circumstances that had reset the U.S. economic outlook with rising recession risks and potentially...
-
ECB'S Villeroy: Trump Has Eroded Confidence in US Dollar
US President Donald Trump's policies in recent weeks have eroded confidence in the US dollar, European Central Bank (ECB) policymaker Francois Villeroy de Galhau said Thursday.
-
Treasury Official: China Stands to Lose More Than US
Deputy Treasury Secretary Michael Faulkender told Newsmax Thursday that China, which has retaliated over President Donald Trump's tariffs, stands to lose more than the United States in the escalating trade war between Washington and Beijing...
-
Chinese Sellers on Amazon to Hike Prices or Exit US
Chinese companies that sell products on Amazon are preparing to hike prices for the U.S. or quit that market due to President Donald Trump's unprecedented tariff hikes, sellers and the head of China's largest e-commerce association said.
-
Ray Dalio Calls for US Trade Deal With China
Ray Dalio, founder of the world's largest hedge fund, called for a U.S. deal with the Chinese on tariffs and said that the next goal for U.S. President Donald Trump's administration should be to cut the country's deficit to 3% of GDP.
-
Drop in Oil Prices to Boost US Economy
The steep 28% drop in oil prices from a year ago, coupled with President Donald Trump's commitment to lower U.S. energy prices, will benefit the economy, economists believe.
-
Inflation Unexpectedly Falls to 2.4% in March
U.S. consumer prices unexpectedly fell in March, but inflation risks are tilted to the upside after President Donald Trump doubled down on tariffs on imported Chinese goods even as he lowered duties on other nations.