Economic Policies

The White House has confirmed that tariff exemptions for automakers are being considered, amid concerns over their economic impact.

‘They all want to make deals,’ President Trump said. ‘But they’re going to be fair deals. They’re not going to be rip-off deals.’

Federal Reserve Gov. Adriana Kugler said the Fed should keep rates steady as inflation remains elevated and new tariffs raise fresh risks.

‘America First does not mean America alone,’ the Treasury secretary said in prepared remarks.

Dutton says the Coalition will fund its defence plan by axing Labor’s recurring spending, including the stage-three tax cuts.

IMF has cut Australia’s 2025 growth forecast to 1.6 percent, down from 2.1 percent.

Trump echoed his stance that China and other countries are going to want to make a deal with the United States.

Treasury Secretary Scott Bessent was also optimistic that U.S.–China trade tensions will diminish.

Executives from Walmart, Target, Lowe’s, and Home Depot are expected to take part in the meeting.

India’s heavy industries minister welcomed the tariffs as a way to protect the country’s domestic steel industry.

The company said the suspension is temporary.

By sourcing materials domestically and thinking locally, U.S.-based companies say they’re in a better position to survive—and thrive.

Only four of the top 20 holders of U.S. debt have reduced their exposure to Treasury securities, official data show.

The Fed chair says ‘we will do what we do strictly without consideration of political or any other extraneous factors.’

The move is part of the effort to boost shipbuilding in the United States and challenge China’s dominance of the industry.

‘If we don’t [agree], we’re going to have a deal anyway, because we will set a certain target, and that’s going to be it,’ the president says.

Industry sales data indicate that new and used vehicle sales shot up as buyers prepared for anticipated automotive tariff related price increases.

Rising trade tensions ‘will likely lower euro area growth by dampening exports,’ said an official from the European Central Bank.

The Federal Reserve is not expected to cut interest rates until June.

‘We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension,’ Federal Reserve Chairman Jerome Powell said.