President Donald Trump has officially imposed steep tariffs on imports from Mexico, Canada, and China, fulfilling a key campaign promise while raising ...
The tariffs on Canada, Mexico and China that Trump announced would have a significant impact on the U.S. economy and inflation, forecasters said.
President Trump Friday dramatically expanded his plans for a global trade war, confirming that he will impose tariffs on Canada, Mexico and China on Feb. 1.
The market's reaction underscores investor anxiety about the potential economic impact of Trump's tariff plans.
Oil prices continued into an 11-day downtrend this week as geopolitics took a backseat to a list of other variables.
Trump's proposed tariffs against Mexico, Canada and China have already affected the economy before a single cent of goods have been taxed.
President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
The Fed left interest rates on hold at its January meeting and signaled that it was in no hurry to cut rates further. U.S. money markets currently price in just under two 25 basis-point rate cuts this ...
The U.S. dollar gained strength against major currencies as markets awaited President Trump's tariffs on Mexico and Canada. Meanwhile, U.S. consumer spending data suggested the Federal Reserve may not ...
The news was better when it came to the narrower core readings which the central bank cares most about. The so-called core rate of inflation, which omits food and energy, rose a milder 0.2%, with the ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...