Trump, Tariff and federal open market committee
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President Trump plans to slap a 35% tariff on Canadian goods not covered by the US-Mexico-Canada Agreement, or UMCA, trade deal, which was signed under the previous Trump administration. The tariff is currently set at 25%.
Global markets are telling conflicting stories about the possible longer-term impact of U.S. tariffs on growth, a schism that investors say means either stocks or bonds could see a steep correction once it's clear which is right.
Trump's tariffs may pose less threat to Asian markets than initially feared, wrote Goldman Sachs analysts. Tariffs may hurt markets, but if there's clear information about them, investors would feel less negative. North Asian markets face higher exposure, while Southeast Asia markets are less affected.
The Trump administration's tariffs on imported cars and vehicle parts so far haven't led to frenzied buying or major price increase — yet.
Trump's tariffs have companies scrambling as they navigate cost increases. Here are the companies that have talked about hiking prices.
While the freight market is stabilizing, ongoing tariff uncertainty, excess truck inventory, and sluggish demand continue to weigh on rates and slow growth.
Positive and negative signals coming out of the economy have experts questioning the direction of the U.S. labor market.
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.