Economic Policies

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.

David Perdue, a former Fortune 500 CEO and senator, pledges to educate Americans about the dangers posed by communist China.

America’s largest trading partners are looking for a reprieve from newly announced tariffs on goods imported to the United States.

Energy, technology, and consumer discretionary sectors took the hardest hits, with losses around 7 percent. Industrials and financials fell by about 5 percent.

Aside from a universal 10 percent levy, roughly 60 countries will be hit with additional reciprocal tariffs.

U.S. tariffs on auto imports went into effect on Thursday.

The move follows the start of new U.S. tariffs on imported vehicles and parts, with ripple effects across North American automotive supply chains.

Share prices of U.S. and foreign automakers slump a day after Trump’s tariff announcement.

Non-pensioner benefits are rising by only 1.7 percent, which is considerably less than the inflation forecast of 3.2 percent.

The United States imposed global tariffs on Wednesday, with the UK facing a baseline 10 percent rate.

Washington’s new measures could derail China’s economic growth, according to Zhiwu Chen, a finance professor at HKU Business School.

While some have praised the move, others say they have a beef with the arrangement.

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.

Trump imposed a 10 percent baseline tariff on trading partners and bigger reciprocal tariffs on China, the European Union, and multiple other nations.

Wednesday’s order implements duties on de minimis packages starting May 2 at 12:01 a.m.

Trump’s ‘Liberation Day’ announcement will see tariffs applied to about 75 countries globally.

‘For decades, our country has been looted, pillaged, raped, and plundered by nations near and far, both friend and foe alike,’ Trump said.

Job growth accelerated in March, with financial and professional sectors leading gains while annual pay increases continued to slow.

The Democratic Unionist Party has urged the UK government to take action to exempt Northern Ireland from any EU retaliatory tariffs targeting the United States.

The president will reveal the long-awaited details of his tariff plan at a White House Rose Garden event, set to take place after stock markets close.