Apr 23 Twelve states file suit against Trump administration tariff policy By Larry Neumeister, Associated Press The lawsuit filed Wednesday says the policy put in place by President Donald Trump has left the national trade policy subject to Trump's whims rather than the sound exercise of lawful authority. Continue reading
Apr 23 How Tesla and other companies are dealing with tariff turmoil By Damian J. Troise, Associated Press Tariff and trade shifts make it difficult for companies and investors to make a reliable assessment of any impact to costs and sales. Continue reading
Apr 23 Wall Street rises as Trump softens tough talk on trade and Powell By Stan Choe, Associated Press U.S. stocks are rising after President Trump appeared to back off his criticism of the Federal Reserve and his tough talk in his trade war. Continue reading
Apr 23 Trump is ending this tariff loophole for low-cost packages. Here's what that could mean for consumers By Tim McPhillips If you’ve purchased something from Chinese e-commerce giants Shein, Temu or Alibaba, then you may have benefited from a trade loophole called the de minimis exemption. Continue reading
Apr 22 Watch 7:51 Economic forecasts show Trump's tariffs having major global impact By Geoff Bennett, Azhar Merchant President Trump’s trade wars are likely to slow down economic growth across the globe significantly this year, according to projections from the International Monetary Fund. And Treasury Secretary Bessent reportedly told investors that he believes the trade war with China… Continue watching
Apr 22 Trade war with China is not 'sustainable,' Treasury Secretary Bessent says By Josh Boak, Fatima Hussein, Associated Press In a private speech in Washington for JPMorgan Chase, Bessent cautioned that talks between the United States and China had yet to formally start. Continue reading
Apr 22 IMF drops global economic growth forecast amid uncertainty around Trump's tariffs By Christopher Rugaber, Associated Press The forecasts are largely in line with many private-sector economists' expectations, though some do fear a recession is increasingly likely. Continue reading
Apr 17 Watch 7:40 Chicago Fed president on Trump's trade war and threats to fire Powell By Amna Nawaz President Trump took aim at Jerome Powell, calling interest rates cuts and saying the Fed Chair's termination “cannot come fast enough.” It comes as his administration's tariffs continue to cause global fallout. The International Monetary Fund warns it expects slower… Continue watching
Apr 17 What is the bond market, and why does it matter for the economy? By Louis Jacobson, PolitiFact Even more than the stock market, experts say, the bond market may have forced President Donald Trump into pausing his country-by-country tariffs. Here's why. Continue reading
Apr 17 WATCH: Trump meets Italy's Meloni at White House as Europe seeks bridge to U.S. By Josh Boak, Colleen Barry, Associated Press Trump said Thursday he is in “no rush” to reach any trade deals because he views tariffs as making the United States wealthy. But he suggested while meeting with Italian Premier Giorgia Meloni that it would be easy to find… Continue reading