Trump, Tariffs
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The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove otherwise.
The flow of new tenants into the office market dropped by 23% in April, and the total square footage being sought fell 26%.
The European Union could target Boeing and whiskey-maker Brown-Forman under its plans for retaliatory tariffs if the bloc can’t reach a trade deal with the U.S.
President Trump has taken an unconventional approach to trade negotiations by sending form letters to foreign leaders.
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Trump tariffs live updates: Trump announces deal with Indonesia, EU releases list of counter-tariffs
The announcement comes as Trump has pushed through his tariff agenda by unveiling a new batch of letters to over 20 trade partners outlining tariffs on goods imported from their c
National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about tariff-related inflation. The Fed, Hassett told CNBC, has been "very, very wrong" in its assessment of a potential resurgence of price increases.
The US is imposing a 17% tariff on most tomatoes imported from Mexico with immediate effect, the government said. The duty came into force after the US withdrew from a long-standing agreement with its southern neighbour, arguing that the deal "had failed to protect US tomato growers from unfairly priced Mexican imports".
As President Trump ramps up the pressure on dozens of countries, trade experts fear U.S. tariff policy leaves consumers and businesses in limbo.