Economic Policies
Economic Policies | LATEST STORIES
Tariffs Could Cause Inflation to Persist, Weigh on US Growth, Says Fed Chair Powell
Trump encouraged Powell to cut interest rates, citing lower inflation levels and solid employment gains.
IRS Sends Last-Minute Tax Reminder to Millions of Americans in Disaster Areas
The agency also sent a reminder to taxpayers living and working abroad.
Albanese Says No One Got a Better Deal out of Trump Tariffs Than Australia
Prime Minister Anthony Albanese may not be a fan of the 10 percent baseline tariff on Aussie beef, but does admit the nation didn’t cop the rawest deal.
Chinese Economy Would Collapse If US Buyers Cut Support, Says Trump’s China Envoy Pick
David Perdue, a former Fortune 500 CEO and senator, pledges to educate Americans about the dangers posed by communist China.
Here’s How Countries Are Responding to US Tariffs
America’s largest trading partners are looking for a reprieve from newly announced tariffs on goods imported to the United States.
US Markets Down Upon Global Tariff Announcement
Energy, technology, and consumer discretionary sectors took the hardest hits, with losses around 7 percent. Industrials and financials fell by about 5 percent.
Here’s How Much the US Is Tariffing Each Country
Aside from a universal 10 percent levy, roughly 60 countries will be hit with additional reciprocal tariffs.
Ford Announces ‘Employee Pricing’ for All Shoppers After Trump’s Tariffs
U.S. tariffs on auto imports went into effect on Thursday.
Stellantis Pausing Production at Canada, Mexico Plants; 900 US Workers Temporarily Laid Off
The move follows the start of new U.S. tariffs on imported vehicles and parts, with ripple effects across North American automotive supply chains.
As Auto Tariffs Take Effect, Automakers Shift Gears
Share prices of U.S. and foreign automakers slump a day after Trump’s tariff announcement.
Households Will Be £400 Worse Off Owing to Higher Bills and Taxes, Think Tank Predicts
Non-pensioner benefits are rising by only 1.7 percent, which is considerably less than the inflation forecast of 3.2 percent.
Britain Reacts to US Tariffs as Starmer Pledges Economic Deal to Avert Trade War
The United States imposed global tariffs on Wednesday, with the UK facing a baseline 10 percent rate.
Global Markets Tumble After Trump Unveils Details of Sweeping Tariffs
Washington’s new measures could derail China’s economic growth, according to Zhiwu Chen, a finance professor at HKU Business School.
Aussie 'Steak'holders React, Question US Beef with Mexican, Canadian Origins
While some have praised the move, others say they have a beef with the arrangement.
7 Takeaways From Trump’s Reciprocal Tariff Rollout
The president launched a new chapter in U.S. trade, imposing a 10 percent universal tariff on trading partners and higher reciprocal levies on some.
‘We Need to Approach It Sensibly’: Dutton on Trump Tariffs
Trump imposed a 10 percent baseline tariff on trading partners and bigger reciprocal tariffs on China, the European Union, and multiple other nations.
Trump Signs Order Closing Exemptions to Low-Cost Imports From China
Wednesday’s order implements duties on de minimis packages starting May 2 at 12:01 a.m.
Australia Avoids Major Impact from ‘Liberation Day’ Tariffs, but Trump Singles Out Beef Restrictions
Trump’s ‘Liberation Day’ announcement will see tariffs applied to about 75 countries globally.
US to Impose 10 Percent Global Tariffs, Steeper Levies for Countries With High Trade Barriers
‘For decades, our country has been looted, pillaged, raped, and plundered by nations near and far, both friend and foe alike,’ Trump said.
Private Employers Added 155,000 Jobs in March, ADP Report Shows
Job growth accelerated in March, with financial and professional sectors leading gains while annual pay increases continued to slow.
