The agreement comes after other American allies, like Japan, clinched their own deals to partly moderate President Trump’s tariff threats.
Category: Trump, Donald J
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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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Cuts to Data Collection May Erode Reliability of Economic Statistics
The Bureau of Labor Statistics is reducing or ending the collection of data that is used to calculate the Consumer Price Index.
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White House Urges ‘Pro-Innovation Mindset’ to Crypto In New Report
In a 168-page report, the White House called on banking regulators, tax officials and U.S. lawmakers to implement policies that would advance the crypto industry’s agenda.
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See How Often Two Fed Governors Have Dissented on a Rate Change Vote
Two top Fed officials voted against the central bank’s decision to leave rates unchanged, the first dual dissent in more than 30 years.
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Tensions Between Trump and Powell at Tipping Point Ahead of Fed Meeting
President Trump wants lower interest rates, but Jerome H. Powell, the chair of the Federal Reserve, is not yet ready to deliver them.
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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.
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Boeing Reports Strongest Revenue in Six Years
Although the aerospace company lost money in the second quarter, it built and sold more planes as it recovered from quality crises and a workers strike.