Americans pulled back significantly on spending
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The Asia-Pacific Economic Cooperation (APEC) grouping warned on Thursday that exports in the region will barely grow this year amid U.S. tariffs, as the 21-member bloc kicked off an annual gathering of its trade ministers.
Several companies have pulled their full-year outlooks for 2025, with many citing market uncertainty exacerbated by Trump’s tariffs.
US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.
JPMorgan Chase investors will be keen to learn how the largest U.S. lender and the world's biggest economy are likely to be impacted by U.S. tariffs on its trading partners at the bank's investor day on Monday as economic uncertainty remains.
President Trump and British Prime Minister Keir Starmer announced a new trade agreement. Other countries, including China, remain open to negotiating with the U.S., but some of the tariffs are having real impacts on American businesses and their supply chains.
The retail giant said Trump’s import taxes remain too high to avoid passing along to shoppers, who could start paying more for some items as soon as late May.
The Fed should not commit to further interest rate cuts until it is clear whether the Trump administration's tariff policies lead to persistent inflation or a less serious, one-time adjustment in prices,
After implementation of tariffs of up to 145% on all imports from China, negotiatorswere able to agree to a temporary reduction to a 30% levy. This rate is plan
Pharmaceutical tariffs, as proposed by President Donald Trump, aim to create manufacturing jobs in the United States, limit offshoring of profits, and address national security concerns. However, they present significant risks and,
Business travel to the U.S. fell 9% in April as companies and workers grappled with economic uncertainty and anger over the Trump administration’s tariffs and border policies
WASHINGTON (AP) — U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over how President Donald Trump’s tariffs will impact the economy.
South Korea is holding a series of trade talks with US officials visiting Jeju for a regional summit, aiming to soften the blow from President Donald Trump’s tariffs.