Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for Fed officials to cut rates.
Category: International Trade and World Market
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Democrats to Question Commerce Nominee’s Web of Financial Interests
Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, is set to be questioned by the Senate in a nomination hearing Wednesday.
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G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
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The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.
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The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.
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Senate Confirms Scott Bessent as Treasury Secretary
Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.
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Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.
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Trump’s Colombia Tariff Threat Startled Companies Trying to Rely Less on China
By declaring he’d put tariffs on goods from the South American country, the president imperiled a growing influx of foreign investment there.
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Trumps Threatens Tariffs on Canada, Mexico and China
The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, which together account for more than a third of U.S. trade
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Taking Trump’s Tariffs Threats Seriously and Literally
Some analysts increasingly believe the president sees levies as more than a negotiating ploy. To him, they’re a potential source of revenue.
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Trump Is Said to Push for Early Reopening of North American Trade Deal
The president wants to begin renegotiating a U.S. trade deal with Canada and Mexico earlier than a scheduled 2026 review, people familiar with his thinking said.