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Tag: tariff
White House Unveils Details Of ‘Historic’ Trade Deal With European Union
The European Union will move to end all tariffs on U.S. industrial goods and invest billions of dollars in the American economy as part of Read More
Trump tariffs push India closer to America’s strategic rivals China and Russia
India strengthens ties with Moscow and Beijing as US-India relationship faces its most serious test in years following disputes over Russian oil purchases.
US keeping lofty EU car tariffs until levies on American goods lowered — as large economies lock in trade deal
The US will keep higher tariffs on European carmakers in place until the EU lowers tariffs on American goods — as two of the world’s Read More
Two Fed dissenters appeared alone in favoring rate cut as tariff debate simmers: meeting minutes
The minutes showed officials continued an active debate on the effects of tariffs on inflation and the degree of restrictiveness in their policy stance.
Russian Attack Hits Close To NATO Ally, Warplanes Scrambled
Overnight Tuesday into Wednesday, NATO scrambled two German warplanes after Russia launched missiles and drones at a Ukrainian city near the border with Romania, a Read More
Bessent Says U.S. Tariff Revenues To Rise ‘Substantially,’ Focus On Reducing Debt
U.S. Treasury Secretary Scott Bessent said he expects a big jump in revenues from sweeping tariffs imposed by President Donald Trump, and said the money Read More
Tariff uncertainty threatens $490B in US manufacturing investment, report warns
The Joint Economic Committee Minority finds that if economic uncertainty in the U.S. continues as it has over recent months, it could reduce manufacturing investment growth by an average of 13% per year, amounting to approximately $490 billion by 2029.
Morning Brief: Low Inflation, Tariff Truce w/China, D.C. Takeover Fallout, Plans For Post-War Gaza
Inflation remains low despite media warnings about tariffs, as the U.S. extends its trade truce with China. The fallout from President Trump’s federal takeover of Read More
Trump Is Making Major Concessions To Union Bosses. Is It Worth It?
In an action that likely wasn’t on many Americans’ bingo cards for the first six months of a Republican presidency, the Trump administration has exempted Read More