Tag: imports
U.S. trade deficit drops 24% in August as Trump’s tariffs reduce...
WASHINGTON (AP) – The U.S. trade deficit fell by nearly 24% in August as President Donald Trump's sweeping global tariffs pushed imports lower.
In a report...
U.S. economy expanded at a surprising 3.8% pace in the second...
WASHINGTON (AP) – An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported...
U.S. inflation accelerated in June as Trump’s tariffs start to bite
WASHINGTON (AP) – Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs are pushing up the cost of...
U.S. economy shrank 0.5% between January and March
WASHINGTON (AP) – The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump's trade wars disrupted business, the Commerce...
U.S. retail sales slide after a spring spending surge to beat...
WASHINGTON (AP) – Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President...
U.S. economic growth for last quarter is revised up slightly to...
WASHINGTON (AP) – The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the...
U.S. growth slowed sharply last quarter to 1.6% pace
WASHINGTON (AP) – The nation's economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers...
Have the tariffs on imported solar panels been worth it?
When the Trump administration put tariffs on imported solar panels (mainly from China), the solar power industry expected that it would suffer as a...
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