New U.S. taxes on American imports, even at 25 percent, will hurt many Indian businesses and may put vast numbers of people out of work.
Category: Customs (Tariff)
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Tariffs Are High. So Is the Stock Market.
Strong corporate earnings, mostly stable tariff rates and the expectation of interest rate cuts have eased worries of a market reckoning.
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Tariffs Are High. So Is the Stock Market.
Strong corporate earnings, mostly stable tariff rates and the expectation of interest rate cuts have eased worries of a market reckoning.
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China’s Economy Slows Broadly Even as Exports Keep Rising
Officials blamed U.S. “protectionism” for the dismal July data, but growth was likely held back by real estate and new policies aimed at slowing factory investments.
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Trump’s Tariffs Set to Hit Ireland, Where Drugmakers Play Tax Games
Manufacturing in Ireland has long helped many American drug companies pay lower taxes. But that strategy was designed for a world without President Trump’s tariffs.
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Fed Faces High Bar for Big Cuts Despite White House Pressure
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much relief officials can ultimately provide to borrowers.
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Fed Faces High Bar for Big Cuts Despite White House Pressure
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much relief officials can ultimately provide to borrowers.
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Trump Warns of Economic Disaster if Court Strikes Down Tariffs
The president has crowed about the billions of dollars collected so far from tariffs. That money could be at risk if the White House loses the legal battle.
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Why Investors Are Again Euphoric About Interest Rates
The S&P 500 is approaching a record on bets that Federal Reserve will lower borrowing costs despite uncertainty over President Trump’s trade war.
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Gaming Out the Price of a Trump Trade Deal With China
President Trump again delayed higher tariffs on Chinese goods. But his recent moves on computer chips have stoked fears he’s willing to give too much to reach an accord.
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CPI Likely to Show Rising Inflation as Trump’s Tariffs Lead to Price Hikes
The Consumer Price Index is expected to reflect an uptick in inflation as companies increase prices as a result of President Trump’s tariffs.