Chinese state media reported on Thursday that “Chinese commerce officials have been intensively meeting representatives from the U.S. business community and academia” – and pressuring them to meddle in trade talks with the Trump administration on behalf of Beijing’s interests.
The monolithic thinking about tariffs and inflation at the Fed has been shattered, as Fed Governor Chris Waller shows leadership by breaking with Jerome Powell.
Waller says that tariffs will not create lasting inflation and the Fed should cut at its meeting later this month.
Coca-Cola decision in 1984 to use high-fructose corn syrup instead of real cane sugar was caused by Cold War diplomacy, subsidized overproduction, and a technological leap that turned surplus grain into shelf-stable sweetener.
Leftist Canadian Prime Minister Mark Carney announced during a stop at a steel company on Wednesday that he would impose higher tariffs on non-U.S. steel imports to protect the Canadian steel industry from foreign competition.
Indian Oil Minister Hardeep Singh Puri said on Thursday that India will be able to get the oil it needs, even if President Donald Trump imposes steep secondary tariffs on countries that do business with Russia.
U.S. import prices rose modestly in June, suggesting little evidence of inflationary pressure from foreign-sourced goods, according to data released Thursday by the Bureau of Labor Statistics. The import price index increased 0.1 percent last month, following a downwardly revised
The government of Russia announced on Wednesday that it would send its energy minister, Sergey Tsivilyov, to Beijing to meet with several high-ranking Chinese officials and heads of Chinese energy companies, a sign Moscow is concerned of losing business in the face of a threat to impose secondary tariffs by the White House.
President Donald Trump often sets deadlines when setting out to accomplish a goal, ranging from legislation in the United States to trade negotiations with other countries, and his strategy is proving successful.
The June Producer Price Index (PPI) delivered another blow to the inflation hawks who insist tariffs are driving up prices.
Conservative former President of Brazil Jair Bolsonaro said on Tuesday that he is “passionate” about President Donald Trump and America.
The trade deal with Indonesia announced by President Donald Trump on Tuesday will reportedly give the United States access to Indonesia’s vast copper resources, among other benefits.
Leftist Canadian Prime Minister Mark Carney told reporters on Tuesday that he believes it is possible a final trade agreement with the United States would still raise tariffs on Canadian goods, suggesting he may not win any negotiation with President Donald Trump.
Prices paid to American businesses for goods and services held steady in June, defying predictions that tariffs would create inflationary presssures in the U.S. economy.
On Tuesday’s broadcast of NewsNation’s “The Hill,” Rep. Ryan Zinke (R-MT) said that tariffs ultimately have to lead to trade deals with the E.U. and China and “having tariffs out there, even though there’s more income coming into the Treasury,
June’s CPI data showed what tariffs can do and what they haven’t done. They’ve jiggled a few prices, but they haven’t unmoored the economy.
Indian Foreign Minister Subrahmanyam Jaishankar on Tuesday met with his Chinese counterpart Wang Yi, and dictator Xi Jinping, on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Beijing.
President Donald Trump announced a trade deal with Indonesia on Monday, eight days after he announced a 32 percent tariff on the nation, set to take effect on August 1.
According to the always-dubious data released by the Chinese Communist government, China’s economy grew by 5.2 percent in the second quarter of 2025, which is slower than its 5.4 percent growth in the first quarter, but better than the 5.1 percent growth projected by analysts.
“I’m not done” with Putin, President Trump said as he praised the UK as a model NATO ally, linking mutual defence and trade preference.
On Monday’s broadcast of Bloomberg’s “Balance of Power,” Sen. Jeanne Shaheen (D-NH) said that she isn’t worried about the possible economic impacts of secondary sanctions or tariffs on China to prevent them from supporting Russia. Co-host Kailey Leinz asked, “Well,
If you were trying to make tariffs look like a policy disaster, you’d do exactly what a team of economists at the Federal Reserve Bank of San Francisco just did: assume every trading partner hits back just as hard and that America just stands there and takes it.
China’s customs agency on Monday released data that showed trade between China and Russia slipped by 9.1 percent to $106.48 billion in the first half of 2025.
Billions of dollars of military equipment including Patriot Missiles will be funded by the European members of NATO, President Trump said.
Luís Roberto Barroso — head of Brazil’s top court, the Supreme Federal Tribunal (STF) — issued a public letter on Sunday refuting President Donald Trump’s reasons to impose a 50-percent tariff on the South American country, which will go into effect on August 1.
The S&P 500 is up 25 percent since the Liberation Day sell-off.
The Trump Administration announced that it will be implementing a 30 percent tariff on all commercial goods that move north of the border. President Donald Trump took the punitive action due to Mexico’s failure to do enough against drug cartels
The EU will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal with the Trump administration by the end of the month.<
One of the best kept secrets in the world today is that Americans are feeling far better about the economy than they have in years.
The African nation of Lesotho declared a two-year “state of disaster” this week over “high rates of youth unemployment and job losses,” which have ostensibly been exacerbated by uncertainty over President Donald Trump’s tariffs.
Secretary of State Marco Rubio met with Chinese Foreign Minister Wang Yi in Kuala Lumpur, Malaysia on Friday, their first meeting in person since Rubio took office.
The $27 billion surplus reported Friday by the Treasury Department stood in stark contrast to forecasts for a $50 billion deficit, representing one of the largest upside surprises in recent budget data.
WASHINGTON — President Donald Trump shared a message for countries worldwide before he departed for Kerrville, Texas, on Friday, as the August 1 tariffs loom for a number of nations without renegotiated trade deals.
Radical leftist President of Brazil Luiz Inácio Lula da Silva said on Thursday that Brazil will reciprocate the United States’ 50-percent tariff on August 1 if no “solution” is found through diplomatic channels before the deadline.
President Donald J. Trump issued a direct warning to Canadian Prime Minister Mark Carney in a newly released letter, threatening a 35 percent tariff on Canadian imports starting August 1, citing what he describes as Canada’s role in fueling America’s fentanyl crisis and longstanding trade imbalances.
President Donald Trump announced the imposition of a 50-percent tariff on Wednesday on Brazilian products sent into the United States, citing the “witch hunt” against conservative former President Jair Bolsonaro, which he described as an “international disgrace.”
If you were wondering how Federal Reserve officials view Donald Trump’s tariff plans, the latest Federal Open Market Committee (FOMC) minutes make one thing perfectly clear: they all think tariffs are inflationary.
Japanese Prime Minister Ishiba Shigeru said on Tuesday he found it “deeply regrettable” that President Donald Trump announced he would impose reciprocal tariffs of 25 percent on exports from Japan.
WASHINGTON — President Donald Trump issued letters to the leaders of seven nations on Wednesday informing them of the tariff rate goods from their countries will face coming into the United States to correct trade deficits.
South Korea sent its National Security Adviser Wi Sung-lac to Washington this week to meet with top officials in the administration of President Donald Trump, telling reporters that his government sought to handle security concerns alongside trade negotiations in anticipation of the August 1 tariff deadline.
