Jul 02 Trump’s tariffs would cost U.S. employers $82.3 billion, potentially causing price hikes and layoffs By Josh Boak, Associated Press President Donald Trump says he's reached a trade deal with Vietnam. Trump says Vietnam will pay a 20% tariff on goods sent into U.S. territory and a 40% tariff on transshipping, which usually means exports from China that pass through… Continue reading
Jun 29 Trump says he’s not planning to extend pause on most of his tariffs beyond July 9 By David Klepper, Ali Swenson, Associated Press “We’ll look at how a country treats us — are they good, are they not so good — some countries we don’t care, we’ll just send a high number out,” Trump told Fox News Channel's "Sunday Morning Futures" during a… Continue reading
Jun 27 U.S. stocks close at an all-time high just months after plunging from Trump trade worries By Damian J. Troise, Alex Veiga, Associated Press The gains on Friday were broad, with nearly every sector within the S&P 500 rising. Continue reading
Jun 27 Trump says trade talks with Canada are suspended over its tax on technology firms By Michelle L. Price, Associated Press President Donald Trump, in a post on his social media network, said Canada had just informed the U.S. that it was sticking to its plan to impose the digital services tax, which applies to Canadian and foreign businesses that engage… Continue reading
Jun 26 U.S. economy shrank 0.5% between January and March, worse than 2 earlier estimates had revealed By Paul Wiseman, Associated Press The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s import taxes at least temporarily disrupted business, the Commerce Department said. Continue reading
Jun 19 Watch 6:29 As some lawmakers cash in on Trump’s tariffs, others try to ban betting on Wall Street By Lisa Desjardins, Kyle Midura A recent Wall Street Journal analysis reveals a surge in stock trading by lawmakers and their families in early April, as President Trump’s shifting stance on tariffs sent markets into turmoil. But while some members cashed in, others are looking… Continue watching
Jun 19 Watch 8:45 Alabama business faces hurdles creating American-made product By Paul Solman, Mike Fritz The sweeping tariffs imposed by President Trump are already impacting the global economy. But if tariffs are meant to bring jobs home, what happens if the U.S. may no longer have all the tools to do the work? Paul Solman… Continue watching
Jun 17 Toy maker challenges Trump’s tariffs before the Supreme Court for quick decision in long shot bid By Lindsay Whitehurst, Associated Press The company argues the president illegally imposed tariffs under an emergency powers law rather than getting approval from Congress. Continue reading
Jun 17 Fed officials left in ‘uncomfortable purgatory’ as tariffs complicate this week’s rate decision By Christopher Rugaber, Associated Press With the outlook uncertain, Fed policymakers are expected to keep their key interest rate unchanged on Wednesday at about 4.4%. Continue reading
Jun 16 Watch 6:12 News Wrap: U.S. and U.K. reach trade deal that cuts tariffs In our news wrap Monday, President Trump and British Prime Minister Keir Starmer say they've finalized a trade deal that would cut tariffs on goods from both countries, witnesses say Israeli soldiers killed at least 34 Palestinians trying to get… Continue watching