Senior officials from both countries say they were still waiting to hear final details on the deals after comments by the U.S. commerce secretary, Howard Lutnick.
Category: Customs (Tariff)
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Thailand and Cambodia Reach Trump Trade Deals, U.S. Official Says
Senior officials from both countries say they were still waiting to hear final details on the deals after comments by the U.S. commerce secretary, Howard Lutnick.
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China’s Small Workshops Are Hurting. Trump’s Tariffs Are Only One Reason.
The U.S.-Chinese cease-fire left exporters with crippling tariffs, worsening a slowdown for light-industry factories caused by China’s shift to advanced manufacturing.
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South Korea Reaches Trade Deal With Trump
The agreement comes after other American allies, like Japan, clinched their own deals to partly moderate President Trump’s tariff threats.
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Ford Is Latest Carmaker to Blame Tariffs for Profit Slump
The company estimated that duties on imported cars and car parts would cost it $2 billion this year.
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Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has “made no decisions” on cutting rates at its next meeting, the Fed chair said.
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Who Pays in Trump’s Trade War?
Whether tariffs drive up prices could have significant implications for the Federal Reserve.
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U.S. Economy Grew in Second Quarter as Tariffs Scrambled Data
Gross domestic product rebounded in the spring after contracting at the start of the year, but consumer spending remained weak.
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Mercedes and Porsche Squeezed by U.S. Tariffs and Slowdown in China
Germany’s leading luxury automakers are sharply scaling back expectations for the rest of the year.
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What to Watch at the Federal Reserve’s July Meeting
The U.S. central bank is widely expected to hold interest rates steady for a fifth straight meeting despite badgering from President Trump to lower borrowing costs.
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What to Watch at the Federal Reserve’s July Meeting
The U.S. central bank is widely expected to hold interest rates steady for a fifth straight meeting despite badgering from President Trump to lower borrowing costs.