Tag: Tariffs
Trump shutting down trade talks with Canada could give Beijing another advantage | Fortune
President Trump has terminated trade talks with Canada over an anti-tariffs ad featuring Ronald Reagan. If Canada’s Prime Minister Mark Carney has any frustrations...
This is the worst the jobs market has looked (outside of a recession) in 50 years, says Goldman Sachs, meaning bullish GDP estimates are overly optimistic | Fortune
GDP estimates which show steady growth in the American economy may prove to be overly optimistic, Goldman Sachs warned, as a vacuum of data...
Trump’s hand in the tariff war he started gets weaker still, as Beijing comes in ahead of growth forecasts | Fortune
This weekend President Trump laid down the law on what he wants from China in order to ease restrictions in the tit-for-tat tariff war...
IMF chief Kristalina Georgieva dismisses impact of Trump trade war: ‘Trade is like water, you put in an obstacle, it goes around it’ | Fortune
The escalating trade clash between the U.S. and China has investors on edge, fearing it could mark the beginning of the end for global...
Trump’s tariff revenue checks could create a ‘weird feedback loop’ that encourages more price hikes, analyst says | Fortune
Checks made out to Americans to the tune of $1,000-$2,000 may be on the horizon, President Donald Trump said recently in an interview with...
What oil CEOs really think about Trump’s management of the oil sector: ‘Those who can are running for the exits’ | Fortune
Oil companies may have President Donald Trump cheering them on from the bully pulpit. But in the oil patch, the mood is anything but...
Amid weak hiring and White House attacks, the Fed lowers rates—its first move in 2025 and a test of Powell’s independence | Fortune
The Federal Reserve lowered interest rates by a quarter of a percentage point on Wednesday, delivering the long-awaited cut which Powell hinted at last...
The U.S.-Europe Divide on How to Hurt Moscow
Welcome back to World Brief, where we’re looking at the West’s divide on how best to stop Russia’s war in Ukraine, former Brazilian President...
PCE data paints a solid picture, but hidden cracks show tariffs quietly squeezing U.S. consumers—and weak job growth could put them over the edge
On paper, the July personal income and outlays report on Friday looked solid. Personal income rose 0.4% on a monthly basis, spending increased 0.5%,...
Etsy, eBay, and Shein reel as ‘de minimis’ tariff exemption ends, adding hefty charges
The end of the U.S. de minimis tariff exemption marks a major shift for both consumers and retailers, particularly those involved in cross-border e-commerce....
