Chief Economist, Philip Lane, has suggested that the bank needs to maintain flexibility in its monetary policy due to the continued risk of inflation in both directions. Lane expressed confidence that ...
Still, trade experts said they expect the China tariffs to increase prices paid by U.S. shoppers, since importers typically pass along a share of the cost of those higher taxes to consumers. The ...
When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and ...
The U.S. Postal Service’s decision may block or delay parcels from retailers including Shein and Temu from entering the ...
While the President’s tariffs would undoubtedly be very disruptive, and the risk of higher prices has been well reported, I have directed my team to weigh the outcomes fairly and objectively,” Scott ...
President Trump said the tariffs might result in short-term disruption, but Democrats claim American households will pay the ultimate price.
The world’s two largest economies did not cut a deal to avert sweeping U.S. tariffs, which came into effect after midnight.
Tariffs on goods from Mexico, Canada, and China will add to inflation, curb economic growth, and complicate Federal Reserve decisions.
China has made good on its threats to retaliate in the escalating trade war with the United States, imposing tariffs on ...
The National Corn Growers Association and American Soybean Association, in a trade study released in October, said that US ...
The president’s threats to slap duties on goods imported from the European Union are part of a pattern of directing the ...