Aug 05 Swiss president rushes to Washington to seek deal averting tariffs By Jamey Keaten, Associated Press Switzerland’s president and other top officials are traveling to Washington in a hastily arranged trip aimed at striking a deal with the Trump administration over steep tariffs. Continue reading
Aug 05 Brazil's Supreme Court orders house arrest for former President Bolsonaro, a Trump ally By Maurico Savarese, Associated Press Prosecutors accuse Bolsonaro of heading a criminal organization that plotted to overturn the election, including plans to kill President Lula and a Supreme Court justice. Continue reading
Aug 04 U.S. tariffs put 30,000 South African jobs at risk, officials say By Michelle Gumede, Associated Press South African authorities have warned that U.S. reciprocal tariffs could put an estimated 30,000 jobs at risk. The U.S. plans to impose a 30% tariff on South African goods, creating uncertainty for export industries. Continue reading
Aug 04 Vast majority of U.S. adults are stressed about grocery costs, AP-NORC poll finds By Cora Lewis, Linley Sanders, Associated Press Only 14% say it's not a source of stress, underscoring the pervasive anxiety most Americans continue to feel about the cost of everyday essentials. Continue reading
Aug 02 Analysis: The trade-offs in Trump's trade policy By Michael Froman, Council on Foreign Relations President Donald Trump’s tariff policies create conundrums that challenge his other stated goals of winning the AI race, reindustrializing the United States, and reducing trade deficits. Continue reading
Aug 02 Watch 5:26 Economist analyzes fallout of Trump's sweeping new tariffs and firing of BLS commissioner By Ali Rogin, Zoie Lambert The White House’s announcement Friday that it will impose hefty tariffs on imports from nearly 70 countries next week triggered the worst day on Wall Street in more than a month. Those economic jitters were compounded by a weaker than… Continue watching
Aug 01 Watch 8:32 Tariffs will help improve 'broken global economic situation,' economist Oren Cass says By Geoff Bennett, Jackson Hudgins President Trump announced another list of new tariffs on more than 60 countries, an unprecedented economic move that seeks to remake the global trade system. The tariffs, which range in rates from 10 to 41 percent, will take effect next… Continue watching
Aug 01 What consumers can expect from import taxes as the U.S. sets new tariff rates By Dee-Ann Durbin, Anne D'Innocenzio, Associated Press Tariffs are a tax, and U.S. consumers are likely to foot at least part of that bill. Continue reading
Aug 01 Wall Street takes worst tumble since May after employers slash hiring and new tariffs roll out By Damian J. Troise, Alex Veiga, Associated Press The U.S. stock market had its worst day since May on Friday after the government reported a sharp slowdown in hiring and President Donald Trump imposed sweeping tariffs on imports from a number of U.S. trading partners. Continue reading
Aug 01 Trump's new tariffs lenient on some countries, while shares sink and U.S. dollar weakens By Elaine Kurtenbach, Associated Press The new rates are due to take effect on Aug. 7, but uncertainty over what Trump might do next remains. Continue reading