Trump, G7
Digest more
President Donald Trump's tariffs were touted as a tool for winning trade concessions from other countries. Those benefits are so far few and far between.
4h
GB News on MSNMajor car maker takes earnings hit as Donald Trump's tariffs impact UK vehicle giantBritish carmaker Jaguar Land Rover has drastically reduced its estimated profits due to growing concerns over US tariffs on the automotive industry. The revision comes after President Donald Trump imposed a 25 per cent tariff on all foreign-made vehicles sold in the US market.
The merchandise trade deficit stood at $21.88 billion in May, according to data published by the country's commerce ministry. That compared with the $22.09 billion recorded in the same month a year earlier. Exports fell by 2.2% on year to $38.73 billion, while imports ticked 1.7% lower to $60.61 billion.
2h
Bankrate on MSNInflation is bucking tariff fears, but the Fed likely won’t cut rates like Trump wants. Here’s why.The U.S. economy has been full of surprises since the Federal Reserve started rapidly raising interest rates to quell inflation back in 2022. The latest shocker might just be that the Trump administration’s tariffs haven’t pushed up inflation more.
Trump's tariffs slashed farm exports, raised input costs and left farmers reliant on unsustainable bailouts, experts warn.
3d
Soy Nómada on MSNThe Impact of Trump's Tariff Policies on Global GrowthThe global economy faces significant challenges as President Trump's tariff policies contribute to a slowdown in growth. International organizations and experts highlight the widespread impact on national economies and consumer finances,
The toy industry is dominated by imports, with the overwhelming majority of toys made overseas and shipped into the U.S. President Trump's tariffs have given domestic toy makers an opening, but not without risk.
President Donald Trump’s administration is stepping up deportation efforts in California with immigration raids at restaurants, traffic stops and routine legal check-ins. The immigration crackdown, while popular with voters in polls,
Delta told the U.S. Commerce Department that millions of customers could be negatively affected if Trump imposes new tariffs.
While global tensions rise and billion-dollar trade battles make headlines, Brianna from Washington, D.C., had a straightforward question for hosts of The Ramsey Show in a clip posted Feb. 24: "Can you explain how President Trump’s new executive order on tariffs will affect me on a personal level?
Just one day after the US Court of Appeals temporarily reinstated the Trump Administration’s Liberation Day tariffs of between 10% and 50% on nearly every country in the world, Trump announced tariffs on all US imports of steel and aluminium will increase from 25% to 50%.
Brussels negotiators hope that by agreeing to a 10% US tariff on all European Union exports, they can avoid higher tariffs on cars, medicines, and electronics, according to a report in German newspaper Handelsblatt on Monday.