"It's really hard to really sell this this policy to the American people," an economist told Newsweek about the Trump administration's implemented tariffs.
A number of congressional Republicans are publicly voicing concern over the potential for a prolonged trade war and its effect on American farmers as President Donald Trump prepares to announce a ...
"But the problem is you'd be charging a different tariff on the same item from different countries." That would create loopholes for exporters to ship products through lower-tariffed countries to ...
Federal Reserve Chair Jerome Powell said the central bank would leave its benchmark interest rate unchanged, adding that now is the time to ‘wait for further clarity.’ Photo: Roberto Schmidt ...
Trump agreed in 2018 to shield Canada, Mexico from global auto tariffs No mention of USMCA side letters in recent US auto tariff announcement Mexico, Canada each won annual US import quota of 2.6 ...
U.S. tariff rates vary: They are generally 2.5 percent on passenger cars, for instance, and 6 percent on golf shoes. The taxes can be lower for countries with which the U.S. has trade agreements.
Mr Germain says the tariff plan will reset the market. He accepts that blanket tariffs are a blunt and risky tool, but cuts out circumvention by one country to another. "Obviously, this process ...
President Donald Trump signed an executive order Wednesday imposing 25% tariffs on all cars and light-duty trucks imported into the U.S., saying it would force more automakers to move production ...
The U.S. economy is staring down the barrel of a tax increase to the tune of several hundred billion dollars. If the Trump administration follows through with its threats (never a sure thing ...
Photo Illustration: Josephine Chu WASHINGTON—The Trump administration is scrambling to determine the specifics of its new tariff agenda ahead of its self-imposed deadline of Wednesday ...
The staying power of inflationary pressures is concerning for many investors, especially ahead of a widely expected tariff announcement from the Trump administration coming next week. Trump has ...
Global markets tanked on Monday as gold surged to record highs after Donald Trump threatened an extraordinary tariff at 20 percent on all imports. Dow futures crashed by more than 270 points (0.7 ...