Prices paid to U.S. businesses unexpectedly fell in August, putting pressure on the Federal Reserve to cut interest rates and undercutting claims that the Trump administration’s tariffs would cause inflation to pick up.
On Tuesday’s broadcast of NewsNation’s “The Hill,” Sen. Ron Johnson (R-WI) stated that the “damage I thought that might be done by the generalized tariff, that really hasn’t panned out. So, I think, overall, the generalized 10% tariff probably is
Israeli Finance Minister Bezalel Smotrich traveled to New Delhi on Monday to sign a bilateral investment agreement (BIA) with Indian Finance Minister Nirmala Sitharaman.
Genocidal Chinese dictator Xi Jinping commanded the members of BRICS, a security and trade bloc designed to undermine the United States, on Monday to “jointly defend multilateralism” during a virtual “summit.”
Ukrainian President Volodymyr Zelensky praised President Donald Trump for imposing “secondary sanctions” on India in response to its massive purchases of Russian oil, stating in an interview this weekend that doing so was the “right idea.”
Trump’s immigration enforcement has delivered something rare in American politics: a policy that does exactly what its supporters promised.
President Donald Trump said Friday that both India and Russia appeared to be “lost” to China days after leaders from the three countries met at the Shanghai Cooperation Organization Summit in China.
On Thursday’s broadcast of MSNBC’s “The Last Word,” Sen. Amy Klobuchar (D-MN) said that she believes the Supreme Court will end up hearing the Trump tariff case and that the high court, “will, I would think, look at the law
The Federal Reserve’s Beige Book reveals the hidden mechanism dampening inflation pass-through from tariffs.
September is going to be a knuckle-down month for President Donald Trump, following a slower August, with government funding, Senate nominations, and a Supreme Court tariff showdown set to take center stage.
The United States is experiencing lower goods inflation than most of its international peers despite a modest recent increase, according to a new analysis from the Council of Economic Advisers that seeks to counter claims that trade policies are fueling higher prices.
The U.S. trade deficit surged in July to its highest level in four months as American businesses rushed to import goods ahead of expected tariff increases, the Commerce Department said Thursday.
On Wednesday’s broadcast of Newsmax TV’s “Rob Schmitt Tonight,” Sen. Rand Paul (R-KY) stated that American enemies are coming together, but we also see other nations being pushed away from America, and “if you put a 50% tariff on India’s
The headlines have lately been filled with stories of rising tension between the U.S. and India, sparked by President Donald Trump’s tariffs and his insistence on India cutting back its purchases of Russian oil, but Indian Commerce Minister Piyush Goyal was upbeat on Tuesday about the prospects of signing a trade deal by November.
The head of the European Parliament’s trade committee said Wednesday he has “doubts” about aspects of the EU’s trade deal with the Trump administration and predicted the deal could be amended during the legislative approval process.
On Tuesday’s broadcast of MSNBC’s “11th Hour,” Oregon Attorney General Dan Rayfield (D) stated that if President Donald Trump is successful in his legal battle to use emergency powers to implement tariffs, then when a Democrat becomes president, “we’re going
On Tuesday’s broadcast of MSNBC’s “11th Hour,” Oregon Attorney General Dan Rayfield (D) said that litigation about the president’s emergency power on tariffs “absolutely is not about tariffs. This is about Republicans reworking our economy, the foundation of our economy.”
Countries pursue mercantilist policies not because they’re naturally better at producing certain goods, but because they want to maintain consumption deficits while America absorbs their excess production.
Russian President Vladimir Putin met with Chinese dictator Xi Jinping and Indian Prime Minister Narendra Modi on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Tianjin, China on Monday. Xi and Putin used the event to tout their vision of a new post-American, post-European world order, and seemed intent on fitting India into that vision.
President Donald Trump remained highly critical of trade with India on Monday, calling it a “one-sided disaster” that has not benefited the United States.
During an interview with the Fox News Channel’s Will Cain that took place on Thursday, prior to Friday’s court ruling on tariffs, Vice President JD Vance responded to concerns about uncertainty about tariffs by saying that “the countries have a
Economic analysts predicted this week that the money India saved by importing huge amounts of discounted Russian oil will be more than wiped out by President Donald Trump’s punitive tariff increase, which took effect on Wednesday.
Socialist Brazilian President Luis Inácio Lula da Silva welcomed his Panamanian counterpart José Raúl Mulino on Thursday to sign several bilateral agreement and support Panama’s control of the Panama Canal.
Inflation held steady in July, with the Federal Reserve’s preferred price gauge showing a slight deceleration in cost pressures and defying predictions from Fed Chairman Jerome Powell that tariffs would push up consumer prices.
The tariff rate on India doubled overnight in a bid to discourage the country from continuing to buy cheap Russian oil.
According to shipping data, the top buyers of Russian seaborne fuel in July were Saudi Arabia and India, although India has backed off Russian oil imports slightly.
Leftist Canadian Prime Minister Mark Carney visited Kyiv on Friday to sign agreements supporting the country’s efforts to stop the ongoing Russian invasion of its land, leaving Canada shortly after agreeing to drop tariffs on the United States.
The Trump administration has proven that tariffs do not cause inflation, Peter Navarro, senior counselor to the president for trade and manufacturing at the White House, said during an appearance on Breitbart News Saturday.
Multiple postal services around Europe announced Saturday that they are suspending the shipment of many packages to the United States amid a lack of clarity over new import duties.
There will be no trade war because our allies are giving in to Trump’s trade policies.
Russian Foreign Minister Sergey Lavrov said after meeting with Indian Foreign Minister Subrahmanyam Jaishankar in Moscow on Thursday that the flow of Russian oil to India will continue despite President Donald Trump’s efforts to pry the longtime allies apart.
Chinese Foreign Minister Wang Yi concluded a brief visit to New Delhi on Wednesday in which he emphasized to senior officials in the Indian government Beijing’s desire to see the two countries “strengthen confidence, move toward each other, overcome disruptions, expand cooperation and consolidate the positive momentum in improving bilateral relations.”
By the time Federal Reserve Chairman Jerome Powell climbs the stage at Jackson Hole this Friday, the familiar choreography will be missing one element: consensus.
On Tuesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Treasury Secretary Scott Bessent responded to a question on whether or not a trade deal with China is needed by stating that “China is, right now, the biggest revenue line
On Tuesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Treasury Secretary Scott Bessent said that Russia could not wage war against Ukraine without China’s support but we haven’t put impactful secondary tariffs on China because “China had always been
A new working paper asks what would have happened if the country had heeded Pat Buchanan’s warnings about unchecked globalization and adopted his trade policies sooner.
President Donald Trump’s tariff policy is about a lot more than raising import duties. This is the new “deal economy”—less about rates, more about commitments.
Indian Prime Minister Narendra Modi revealed on Monday that he received a phone call from his Russian counterpart, Vladimir Putin, updating him on the results of the latter’s in-person meeting with President Donald Trump last week.
Air Canada suspended its plan to resume operations on Sunday after the flight attendants union said it would defy a return-to-work order.
Brazil’s socialist president, Luiz Inacio Lula da Silva, declared at the opening of a Chinese automobile plant that Brazil is “open for business.”
