Jerome H. Powell, chair of the Federal Reserve, still sees labor market risks outweighing those posed by higher inflation tied to President Trump’s tariffs.
Category: Customs (Tariff)
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Trump’s Trade War With China Catches the World in Its Crossfire
Tariffs and other restrictions between the United States and China are reverberating in unpredictable ways.
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Global Growth Remains Sluggish as Tariff Threats Loom
The International Monetary Fund said the impact of trade tensions had been limited so far, but it expects growth to slow.
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Big Banks Grow Profits, Crediting a ‘Resilient’ Economy
JPMorgan Chase, Goldman Sachs and Wells Fargo reported strong quarterly earnings, mostly topping analyst expectations and showing growth across key lines of business.
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Trump Enacts Tariffs on Imported Lumber and Furniture
The new taxes went into effect on Tuesday as President Trump also threatened to widen his trade war with China.
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U.S. Starts Charging Chinese Ships to Dock at Its Ports
The measure is aimed at countering China’s dominance of commercial shipbuilding and helping to revitalize the American industry.
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Trump Enacts Tariffs on Imported Lumber and Furniture
The new taxes went into effect on Tuesday as President Trump also threatened to widen his trade war with China.
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U.S. Starts Charging Chinese Ships to Dock at Its Ports
The measure is aimed at countering China’s dominance of commercial shipbuilding and helping to revitalize the American industry.
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Asia Markets Fall After Trump Threatens New Tariffs on China
Investors reacted to a pledge from the president on Friday to impose a “massive” new tariff on Chinese imports.
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China Flexed. Trump Hit Back. So Much for the Thaw.
Beijing’s trade curbs and President Trump’s tariff threats show how quickly calm can give way to confrontation between the two largest economies.
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S&P and Nasdaq Slump as Stocks Fall on Trump China Tariff Threat
The S&P 500 slumped more than 2 percent for the first time in six months, rattling investors after a long stretch of gains.
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Trump to Announce a Drug Pricing Deal With AstraZeneca
The move would follow a similar agreement with Pfizer. Other companies are engaged in talks with the White House that would help them avoid tariffs on their products overseas.