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%.
The next major U.S. inflation report is set to arrive on Tuesday in the form of the consumer-price index for June, and will inform investors as to whether President Donald Trump’s tariff wars with other countries have had a sizable impact on inflation.
Trump's tariffs have companies scrambling as they navigate cost increases. Here are the companies that have talked about hiking prices.
Uniqlo owner Fast Retailing plans price increases due to major US tariffs on imports from Sri Lanka and Southeast Asia, impacting global supply chains and consumer prices.
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.
2hon MSN
U.S. President Donald Trump’s tariff letters show that tariffs — to protect domestic industries and to raise revenue for a deeply indebted government — are the way forward. The U.S. is moving toward more managed trade via quotas and other measures.
U.S. President Donald Trump announced on Wednesday a 50% tariff on copper, saying on social media that it would be effective August 1 and that the decision was made after a national security assessment.