Global markets have reacted positively to the U.S. and China’s decision to ease tariffs, though economic uncertainties persist. An executive order reduced the ‘de minimis’ tariff on Chinese […]
Economy
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US Small Business Optimism Declines Amid Trade Tensions
A recent survey indicates that small businesses in America are cutting back on investment and hiring due to economic concerns, primarily driven by escalating U.S.-China trade tensions in […]
Economy
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Inflation Report to Reflect Impact of Trump’s Tariffs
This week’s inflation report will provide insights into the effects of President Donald Trump’s “Liberation Day” tariff announcement on pricing in the United States. Trump’s tariff escalation, announced […]
Economy
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US Collects Record $16B in Customs Duties in April Due to Trump’s Tariffs
In April, President Trump’s tariffs led to a significant increase in customs payments, reaching a record high of $16 billion, according to the Treasury Department. This amount reflects […]
Economy
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Trump’s Tariff Policy Faces Repeated Reversals Amid Trade Talks
President Trump’s administration has experienced significant reversals in its tariff policy, particularly concerning China. Initially, Trump announced plans for reciprocal tariffs matching those imposed by other countries on […]
Economy
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Memorial Day Travel Could Break a Long-Standing Record
As the unofficial start of summer approaches, a significant number of Americans are expected to travel during Memorial Day weekend, potentially breaking a two-decade-old record. According to the […]
Economy
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Fed Rate Cut Bets Delayed by U.S.-China Tariff Truce
The Federal Reserve may have gained time to assess the impact of President Donald Trump’s tariff strategies on the U.S. economy following a pause in reciprocal levies between […]
Economy
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Governor Kugler’s Economic Outlook Speech
Governor Kugler delivered a speech focusing on the current U.S. economic outlook and the implications of evolving trade policies. While recent data indicate a resilient economy, growth is […]
Economy
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MarketWatch: Trade Policy Shift Marks Another Retreat by the Trump Administration
The Trump White House’s recent trade policy changes represent a step back in its approach, according to MarketWatch. This shift reflects broader economic considerations and potential impacts on […]
Economy
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Memorial Day Travel Expected to Break Records Amid Economic Challenges
Despite economic uncertainties, the Memorial Day travel forecast predicts a record-breaking turnout, potentially surpassing a 20-year-old record. According to AAA, approximately 45.1 million Americans are expected to travel […]