Policymakers lowered rates a quarter point and said that the region’s growth outlook had “deteriorated” because of rising trade tensions.
Category: Customs (Tariff)
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Powell Faces Pressure From the Markets and Trump Over Rates
The Fed chair signaled the central bank will stand pat on borrowing costs despite President Trump’s trade fight. Investors and the president aren’t happy.
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Fed Chair Lays Out Game Plan in Case of High Inflation and Slower Growth
Jerome H. Powell warned that Trump’s tariffs could lead to a “challenging scenario” for the central bank.
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Shein and Temu Will be Hit by Trump’s China Tariffs. Americans Are Worried.
The Trump administration’s plan to add steep fees to packages from China will deal a blow to Temu, Shein and some TikTok Shop sellers, worrying American consumers.
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Nvidia and Other Chip Giants Are Caught in Trade War Crossfire
Nvidia and others are the latest casualties of escalating tensions between Washington and Beijing, as analysts press business leaders about the tariffs fallout.
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Trump Has Mixed Emotions Toward Japan
The president at turns praises and criticizes Japan, a U.S. ally that decades ago stirred his anger over the unequal balance of trade and his penchant for tariffs.
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Trump’s 10% Tariff May Be Less Onerous but Still Raises Prices and Threatens Trade
The blanket tariffs, once considered extreme, still threaten to harm world trade and make everything more expensive for businesses and consumers.
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Taiwan’s Chip Companies Are Caught in the U.S.-China Tariff War
President Trump has threatened tariffs on Taiwan and the chip industry. China has signaled it will not let the trade war keep it from the technology it needs.
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China Girds for Economic Stress of Trump’s Tariffs
The economy grew steadily from January through March, but U.S. tariffs pose a risk for China in the coming weeks and months.
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Hong Kong Suspends Packages to the U.S., Wading Into the Trump Trade War
The move comes before President Trump’s planned imposition of new tariffs on small packages sent to the United States from Hong Kong and China.
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Trump’s Tariff Threat for Drug imports Poses Big Political Risks
Levies on Americans’ daily prescriptions and other medicines could raise costs, spur rationing and lead to shortages of critical drugs.