President Donald Trump announced the imposition of a 50-percent tariff on Wednesday on Brazilian products sent into the United States, citing the “witch hunt” against conservative former President Jair Bolsonaro, which he described as an “international disgrace.”
If you were wondering how Federal Reserve officials view Donald Trump’s tariff plans, the latest Federal Open Market Committee (FOMC) minutes make one thing perfectly clear: they all think tariffs are inflationary.
Japanese Prime Minister Ishiba Shigeru said on Tuesday he found it “deeply regrettable” that President Donald Trump announced he would impose reciprocal tariffs of 25 percent on exports from Japan.
WASHINGTON — President Donald Trump issued letters to the leaders of seven nations on Wednesday informing them of the tariff rate goods from their countries will face coming into the United States to correct trade deficits.
South Korea sent its National Security Adviser Wi Sung-lac to Washington this week to meet with top officials in the administration of President Donald Trump, telling reporters that his government sought to handle security concerns alongside trade negotiations in anticipation of the August 1 tariff deadline.
President Donald Trump told reporters on Monday that his administration is close to finalizing a trade deal with India. India hedged its bets last week by notifying the World Trade Organization (WTO) that it could impose up to $724 million in retaliatory tariffs against American goods if a trade deal is not reached.
South Africa found itself one of 14 countries slapped with large tariff increases by U.S. President Donald Trump on Monday as a punitive measure for lack of progress in negotiations, and now faces a 30% duty.
The intellectual scaffolding for Trump’s tariff policy is now in place, built not by political appointees but by credentialed economists with publication records.
President Donald Trump on Monday announced new tariff rates for South Africa, Laos, Myanmar, Malaysia, and Kazakhstan, posting letters to the leaders of each country on his Truth Social account.
President Donald Trump on Monday sent letters to the leaders of Japan and South Korea announcing that each will face a 25 percent tariff on goods exported to the United States.
President Donald Trump said late Sunday that imports from countries aligning with “the Anti-American policies of BRICS” would face an additional ten percent tariff.
Leftist South Korean President Lee Jae-myung told reporters during a press conference on Thursday that he was hoping to improve Seoul’s relationship to communist North, and its patrons in China and Russia, in pursuit of a definitive state of peace on the peninsula.
President Donald Trump has been on a serious winning streak nearly six months into his second term.
Amazon’s big “Prime Day” sale runs from July 8 to 11 this year, arriving at the height of President Donald Trump’s tariff crusade.
The critics said tariffs would start a trade war. Instead, Donald Trump may have just ended one.
Vietnam runs a very large trade surplus with the U.S. and a trade deficit with China, essentially recycling dollars from the U.S. into China.
Andy Jassy, Amazon’s chief executive, said Monday that newly enacted tariffs on Chinese goods have not led to meaningful price increases on the company’s platform, joining a growing body of evidence suggesting that recent trade measures have not produced the
Indonesian officials said on Monday they will begin easing import restrictions and licensing requirements ahead of the July 9 deadline for U.S. tariff negotiations.
The Supreme Court’s decision on Friday in FCC v. Consumers’ Research didn’t just preserve a telecom subsidy—it delivered a serious setback to efforts to dismantle President Trump’s trade agenda.
President Donald Trump terminated trade talks with Canada on Friday and will be announcing a tariff on Canadian goods in response to a Canadian tax on American tech goods.
Durable goods prices—the category most directly exposed to international trade—were flat month-over-month, showing zero growth after a 0.5 percent gain in April.
Chinese leaders are reportedly reconsidering the Power of Siberia 2 gas pipeline, a stalled project that would bring huge amounts of Russian natural gas to China, because the Iran conflict is making Beijing nervous about relying too heavily on the Middle East for energy.
Fed Chair Jerome Powell’s belief that tariffs will push prices higher might be based on a new working paper from the Boston Fed that relies on a flawed model.
Executives with General Motors (GM) are working hard to curry favor with President Donald Trump’s administration.
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing, and Urban Affairs Committee on Wednesday, June 25.
The Fed chair once warned against using speculative forecasts to drive policy. Now he’s doing exactly that.
Fed chair tells lawmakers inflation could rise again due to Trump’s tariffs, keeping rate cuts on hold for now.
Federal Reserve Governor Christopher Waller said Friday that the central bank could begin lowering interest rates as soon as next month, arguing that inflation has cooled and that policymakers should not wait for the labor market to weaken before acting.
Brazilian automobile industry executives and labor leaders are growing uneasy about the flood of cheap electric vehicles (EVs) pouring in from China, because the Chinese onslaught is crushing Brazilian manufacturing.
or years, critics have warned that presidential use of tariff authority threatens the separation of powers.
China’s problem with low consumer spending is getting worse as pay cuts and layoffs leave the Chinese working class with even less disposable income.
The Federal Reserve announced definitively on Wednesday that President Trump’s tariff policies are forcing a more aggressive stance on inflation.
Retail sales fell in May, but beneath the surface, the picture of the American consumer remains solid—and in many categories, unexpectedly strong.
Pre-tariff measures show subdued cost pressures despite trade tensions.
A closer look at the data shows continued strength in several core spending categories, underscoring the unusual dynamics created by shifting tariffs, falling inflation, and front-loaded demand earlier in the spring.
Trump dropped the deal on the floor when attempting to present it to the press, sending Starmer scrabbling.
Tariffs aren’t squeezing consumers. They’re squeezing foreign suppliers and protecting the American wage base.
Tariffs are not raising prices for final demand goods and services in the U.S., as another round of inflation data comes in softer than expected.
LONDON — The United States and China have agreed to a new trade framework aimed at restoring a stalled truce and stabilizing key economic ties. The agreement, reached during two days of talks at Lancaster House in London, includes provisions on critical mineral exports, tariff levels, and Chinese student access to U.S. universities.
LONDON — High-level trade negotiations between the United States and China resumed on Tuesday, as both sides seek to ease tensions over technology exports and critical mineral shipments.
