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Trump wants to ditch his signature trade deal. It’s not that easy
President Donald Trump is signaling he may walk away from the USMCA trade deal with Canada and Mexico, but legal hurdles, economic risks and supply chain dependence make an actual withdrawal far more complicated than political rhetoric suggests.
Americans are feeling a little better about the economy as gas prices ease
As gas prices continue to fall following recent Middle East tensions, Americans are feeling more optimistic about the economy, though concerns about inflation and the high cost of living remain widespread.
Inflation topped 4% in May, but the worst may be over
Rising gasoline costs pushed inflation to a three-year high in May, complicating interest-rate decisions at the Federal Reserve even as consumer spending, incomes, and economic growth showed continued strength.
If Trump loses his tariff lawsuit, America may have to refund businesses more than $200 billion
The majority of the sweeping tariffs President Donald Trump imposed during his second term face one final litmus test that will determine whether he can continue to levy them – and also whether businesses are eligible for massive refunds.
Trump just ramped up his tariff threats: Here’s what could get more expensive
Many economists already believe it’s a matter of time before Americans start to see sticker shock from the tariffs President Donald Trump has enacted. That timeline could speed up even more if Trump follows through with his latest package of tariff threats slated to take effect in three weeks.
Trump threatens 50% tariffs on Brazil if it doesn’t stop the Bolsonaro ‘witch hunt’ trial
US President Donald Trump on Wednesday threatened Brazil with a crippling tariff of 50% starting August 1, according to a letter he sent to the country’s president, Luiz Inácio Lula da Silva.
Trump to sign executive order easing auto tariffs
President Donald Trump is set to sign an executive order on Tuesday to ease auto tariffs, White House press secretary Karoline Leavitt announced, the latest abrupt shift in a rapidly changing tariff policy that has left businesses scrambling to keep up.
Tariffs on China set to rise to at least 104% on Wednesday, White House says
President Donald Trump is set to impose an astounding 104% in levies across all Chinese imports on Wednesday, White House Press Secretary Karoline Leavitt announced on Tuesday. This comes on top of Chinese tariffs that were in place prior to Trump’s second term.
Trump imposes sweeping 25% steel and aluminum tariffs. Canada and Europe swiftly retaliate
President Donald Trump imposed sweeping 25% tariffs on all steel and aluminum imported into the United States Wednesday, a policy aimed at leveling the playing field for US manufacturing but a move that threatens to drive up prices on a
Trump says he agreed to ‘immediately pause’ anticipated tariffs on Mexico for one month
President Donald Trump said Monday he agreed to “immediately pause” tariffs on Mexico for a month after a “very friendly” conversation with the country’s president, Claudia Sheinbaum.