Tag: Tariffs
U.S. Q2 growth revised down to 2% pace from 2.1%
WASHINGTON – United States economic growth decelerated in the second quarter by more than initially reported, with stronger consumer spending offset by weaker readings...
U.S. consumer confidence fell less than forecast in August
WASHINGTON – United States consumer confidence declined in August by less than forecast as Americans’ assessment of current conditions climbed to the highest level...
Stocks sink, bonds gain as U.S.-China feud deepens
NEW YORK – United States stocks slumped and Treasuries rallied after President Donald Trump said he’ll respond to new Chinese tariffs and blasted Federal Reserve...
China hits back at U.S. with tariffs on $75B of imports
BEIJING – China announced that it will impose additional tariffs on a total of $75 billion of United States goods in retaliation for President...
Fed survey finds tariffs pushing up prices, pinching profits
WASHINGTON – A new survey by the Federal Reserve Bank of New York found a growing conviction among businesses that President Donald Trump’s tariffs...
Trump tariff delay is a gift to retailers that feels like...
It looks as if the Trump administration didn’t want to be accused of ruining Christmas.
The U.S. Trade Representative’s office said on Aug. 13 that...
U.S. delays China tariffs on some holiday-shopping favorites
WASHINGTON – The Trump administration will delay until mid-December the 10% tariff on some Chinese products on many holiday-shopping lists.
By granting a grace period...
Tariffs burden U.S. economy
There is no shortage of red tape facing importers. If you want to get a tariff exemption for an item you are importing, you...
Trump’s trade war challenges Fed’s independence
All four living former chairs of the Federal Reserve took to the op-ed page of the Wall Street Journal on Aug. 5 to defend...
World economy edges closer to a recession as trade dread deepens
WASHINGTON – The escalating trade war between the United States and China is nudging the world economy toward its first recession in a decade...
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