Apr 16 WATCH: Powell says Fed can wait on interest rate moves as tariff battle with China continues By Christopher Rugaber, Associated Press The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday. Continue reading
Apr 16 California will sue to stop Trump from imposing sweeping tariffs By Sophie Austin, Associated Press/Report for America The state's Democratic governor says the president lacks the authority to impose a 10% tariff on all imports. Continue reading
Apr 16 Trump to join his top economic advisers for trade negotiations with Japan at the White House By Darlene Superville, Mari Yamaguchi, Associated Press The Republican president said in a social media post that he’ll attend the meeting alongside Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick who have a central role in his trade and tariff policies. Continue reading
Apr 16 Ahead of Trump's tariffs, retail sales rise 1.4% in March as shoppers stock up on big ticket items By Anne D'Innocenzio, Associated Press U.S. shoppers increased their shopping last month, fueled by a spending spree on foreign-made new items from gadgets to cars before President Donald Trump’s expansive new tariffs started kicking in. Continue reading
Apr 15 Xi suggests China is a source of 'stability and certainty' as he tours Southeast Asia By Huizhong Wu, Associated Press China’s Xi is making the case for free trade as he tours Southeast Asia this week, presenting China as a source of “stability and certainty.”… Continue reading
Apr 15 Japan's chief trade negotiator to visit Washington for tariff talks this week By Mari Yamaguchi, Associated Press The visit is to "build a relationship of trust" between the two sides, with Japan requesting the U.S. side to drop the tariff measures, Hayashi said on Wednesday. Continue reading
Apr 15 WATCH: White House says 'the ball is in China's court' on resolving tariffs and trade issues By Associated Press The Trump administration has taken its next steps toward imposing more tariffs on key imports, launching investigations into imports of computer chips, chip making equipment and pharmaceuticals. Continue reading
Apr 14 Watch 8:02 Confusion over electronics tariffs injects more uncertainty into economy By William Brangham, Courtney Norris, Azhar Merchant, Solveig Rennan The escalating trade war between the U.S. and China is continuing to inject uncertainty into the world’s two largest economies. Over the weekend, President Trump and top trade officials added to the confusion, carving out exemptions for tariffs on electronic… Continue watching
Apr 14 Stocks rally worldwide after Trump eases some electronics tariffs By Stan Choe, Associated Press Apple and other technology companies helped lift Wall Street after Trump said he was exempting smartphones, computers and other electronics from some of his stiff tariffs, which could ultimately more than double prices for U.S. customers of products coming from… Continue reading
Apr 14 Trump considers pausing his auto tariffs to give carmakers more time By Josh Boak, Michael Liedtke, Associated Press When Trump announced the 25 percent auto tariffs on March 27, he described them as “permanent.” His hard lines on trade have become increasingly blurred as he has sought to limit the possible economic and political blowback from his policies. Continue reading