Tag: Tariffs and trade
‘We have made a few deals today that are excellent deals for the country’: Trump is coy as tariff scramble ensues
With President Donald Trump’s dramatic tariff hikes on the cusp of starting, countries around the world scrambled on Thursday to finalize their trade frameworks...
Trump extends Mexico negotiations by 90 days, keeps 25% tariff rates in place
The tariffs planned by President Donald Trump on Friday touched off a feverish bout of activity among trade partners as key details remained unclear...
The Fed’s Powell said ‘downside risks’ six times in his press conference yesterday—is that bad news for tomorrow’s jobs number?
U.S. Federal Reserve Chairman delivered an entirely predictable press conference yesterday as he kept interest rates on hold at the 4.25% level and said...
Stellantis sees €1.2 billion tariff hit in second half
Stellantis NV expects to take a hit of around €1.2 billion ($1.4 billion) from tariffs in the second half of this year as the...
As if the trade war never happened, stocks could pull off a feat not seen since the late-1990s boom
The stock market has been on a hot streak lately, notching record high after record high, and some bulls on Wall Street think the...
‘Not just a cyclical recovery, but a boom.’ BofA says a ‘key tail risk’ is that the Trump economy will actually start to take off
In a market landscape still fixated on fears of stagflation and modest recoveries, Bank of America is sounding a contrarian—and decidedly bullish—note.
According to new...
Facing Russia’s war on Ukraine, the EU couldn’t risk fighting a trade war with the US, analyst says
The trade deal President Donald Trump announced Sunday with European Commission President Ursula von der Leyen didn’t go over well in some parts of...
Trump and JD Vance are on completely different continents right now and they’re still getting peppered with Epstein questions
CANTON, Ohio (AP) — Vice President JD Vance is hitting his home state on Monday to continue promoting the GOP’s sweeping tax-and-border bill.
A crowd in neon...
Europe surrenders to Trump (and thus secures a victory by the back door)
Stocks are up this morning on the certainty of a new trade deal between the U.S. and the EU. American businesses and consumers will...
Dow futures rise on US-EU trade pact as investors brace for fast and furious week of earnings, China talks, Fed, GDP, jobs report, tariff deadline
Wall Street looks to begin a jam-packed week on a high note as investors cheer the U.S.-EU trade deal that was announced on Sunday.
The...