Tag: Tariffs and trade
Trump extends China tariff truce by another 90 days, pushing new deadline to November
US President Donald Trump reportedly signed an order delaying the reimposition of higher tariffs on Chinese goods on Monday, hours before a trade truce...
When the next recession hits, whoever is president will face intense pressure to cut tariffs, so don’t rely on them for revenue, top economist says
The federal government is on pace to reap a significant amount of revenue from President Donald Trump’s tariffs, but they may not be a...
The ‘Fed put’ is back: If Tuesday’s inflation report is bad expect chaos in the markets
S&P 500 futures were flat this morning as global markets rested at or near their all-time highs. Investors are optimistic the U.S. Federal Reserve...
Trump said foreign countries would ‘eat’ tariffs—but U.S. consumers and businesses will actually pay 75% at best
When President Trump announced his tariff agenda, he said it would be foreign companies and consumers that would “eat” the price hikes. That’s a...
Nvidia, AMD agree to pay US 15% of China chip sale revenue
Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from chip sales to China to the US government as...
Dow futures rise as Wall Street and the Fed brace for updates on how much Trump’s tariffs are stoking inflation
Markets were pointing toward another rally on Sunday evening as investors brace for fresh economic data that will deliver new clues on how much President...
US inflation to rise as higher tariffs feed through
US consumers probably experienced a slight pickup in underlying inflation in July as retailers gradually raised prices on a variety of items subject to...
Michigan Gov. Gretchen Whitmer privately warns Trump that tariffs could cause severe economic damage in key swing state
Michigan Gov. Gretchen Whitmer met privately in the Oval Office with President Donald Trump to make a case he did not want to hear: the automotive industry he...
Market liberalism is dead — we need a new NATO for trade
For eight decades the West, especially European nations, treated markets as neutral arenas governed by rules—not power. That era is over. The global economy...
America’s F-35 is stealthy in combat but lights up the radar in Trump’s trade war
Countries seeking to retaliate against President Donald Trump’s tariffs or security policies have made the F-35 stealth fighter a ripe target.
The latest blowback came...