The outlook on consumer spending continues to get cloudier. Last week, consumer sentiment slid to its second-lowest reading on record while recent credit card data […]
Tag: tariffs
Tariffs Drive Honda to Move S.U.V. Production From Canada to U.S.
In the face of U.S. tariffs, Honda said on Monday that it would shift production of one of its popular vehicles from Ontario to a […]
Trump’s China Deal Eases Tariffs but Doesn’t Resolve Future Uncertainty
The temporary reduction in tariffs that the United States and China announced in Geneva on Monday will lift, at least for now, the de facto […]
Carvana, a Used Car Retailer, Thinks Tariffs Could be Good for Business
Automakers are worried that President Trump’s tariffs on imported cars and auto parts will soon increase their costs and start eating into profits. But at […]
Trump tariffs face major legal hurdle as federal trade court hears challenge
U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC. […]
U.S. Inflation Stable Ahead of Expected Jump From Tariffs
U.S. inflation held steady in April in what economists warn could be a final lull before a likely surge in consumer prices because of President […]
Trump’s Tariffs on Canada Spark Debate Over U.S. Trade: Does the U.S. Need Canada?
Follow live updates on the Trump administration here. President Trump had one big question on his mind as Canadian Prime Minister Mark Carney headed to […]
U.S. and China agree to slash tariffs for 90 days in major trade breakthrough
US Treasury Secretary Scott Bessent (L) and US Trade Representative Jamieson Greer speak to the media after talks between senior US and Chinese officials on […]
Asia Stocks Rise on Hope for Lower Tariffs After U.S.-China Talks
Stocks in Asia gained on Monday after weekend talks signaled that progress had been made in easing trade tensions between the United States and China. […]
Attacking Trump’s Tariffs, Democrats Focus on Small Business Struggles
Since President Trump unleashed an on-again, off-again whiplash of global tariffs, congressional Democrats have worked to shine a spotlight on small business owners who say […]