CPI Shows U.S. Inflation Remains Muted as Tariff Impact Is Limited
Businesses across the United States have for months warned that they would raise prices on their customers in response to President Trump’s tariffs. The latest data show that it is…
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Customs (Tariff)
U.S. Court Agrees to Keep Trump Tariffs Intact as Appeal Gets Underway
A federal appeals court agreed on Tuesday to allow President Trump to maintain many of his tariffs on China and other U.S. trading partners, extending a pause granted shortly after another…
Federal Court Agrees to Continue Trump’s Tariffs as Appeal Gets Underway
A federal appeals court agreed on Tuesday to allow President Trump to maintain many of his tariffs on China and other U.S. trading partners, extending a pause it granted shortly after…
U.S. and China Agree to Walk Back Tensions
The United States and China have agreed to a “framework” that is intended to ease economic tension and extend a trade truce that the world’s two largest economies reached last month,…
5 Takeaways From the U.S.-U.K. Trade Agreement
The United States and Britain announced on Thursday that they had reached a deal that would reduce tariffs on some imports, such as steel, cars and ethanol, and deepen the economic…
Hope and Anxiety Share the Stage as Finance Titans Converge on L.A.
Beneath the grand chandeliers of the International Ballroom at the Beverly Hilton Hotel, at rooftop bars and at private parties at billionaires’ mansions, there was a mix of emotions among…
CEOs at Milken Conference Fear Tariffs and Hope for Trade Deals
The mood at Milken As dealmakers descended on the Beverly Hilton hotel in Los Angeles this week for the annual Milken Institute Global Conference, they were laser-focused on one type of…
U.S. Trade Deal Could Lift UK Economy, but Won’t Transform It
The British government made faster economic growth its No. 1 mission. But efforts to kick-start it have been repeatedly knocked off course by a global economy lurching from one crisis to…
Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months
A year ago, the world’s biggest automaker was on a tear. American consumers were snapping up Toyota Motor’s hybrids, and a weak yen inflated the value of the company’s earnings. That May,…
Trump’s Threat of ‘Foreign’ Film Tariffs Stirs Anxiety in the U.K.
President Trump’s desire to “make Hollywood great again” by wielding his preferred economic weapon — tariffs — has sent a shiver through Britain’s film industry. British producers, camera…
Trump Administration to Announce Trade Deal With Britain
For Britain’s prime minister, Keir Starmer, the trade deal would offer vindication for his assiduous cultivation of Mr. Trump. During his visit to the Oval Office in February, Mr. Starmer…
Are We Headed for Recession? Economists Look Everywhere for Signs.
Americans are spending less at McDonald’s. Fewer container ships are expected at the Port of Los Angeles. Procter & Gamble is raising prices. Mattel is shifting production out of China.…
Consumers Are Pulling Back, Spooked by Tariff-Related Price Increases
As central bankers weigh the possibility of President Trump’s tariffs reigniting inflation, major companies are foreshadowing price increases and warning that shoppers are tightening their…
Are U.S. Tariffs Affecting Your Business? We Want to Hear From You.
President Trump’s trade war has created chaos for companies around the world, snarling supply chains, sowing uncertainty and muddling their ability to plan for the future. After announcing…
What to Watch at the Federal Reserve’s May Meeting
The Federal Reserve is set to extend its pause on interest rate cuts on Wednesday amid concerns that President Trump’s tariffs will unleash fresh inflationary pressures while also hurting…
Why China Is Investing So Much Money in Moroccan Factories
When Xi Jinping, China’s top leader, returned from the Group of 20 summit in Brazil last November, he made a stopover in Casablanca, where he was greeted with dates and milk, the…
China Cuts Interest Rates to Shore Up Economy Hit by Trade War
China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the economy, in the most significant policy steps taken by…
Trump Officials to Meet With Chinese Counterparts Amid Trade Standoff
Top officials from the Trump administration will meet with their Chinese counterparts in Switzerland this week, the first formal meeting about trade between the United States and China…
Chinese Imports to US Hit 20-Year Low as Tariffs Sink In
The share of U.S. imports from China in the first quarter of the year fell to its lowest point in over 20 years, as the high tariffs President Trump has put on Chinese goods clamped down…
Barbie Maker Mattel Plans to Raise Prices Because of Trump’s Tariffs
Less than a week ago, President Trump suggested that children may have to make do with fewer toys this year. “Well, maybe the children will have two dolls instead of 30 dolls, you know?”…
India and UK Strike Trade Deal Amid Trump’s Tariff Upheaval
Britain and India agreed to a trade deal on Tuesday, strengthening economic ties between two of the world’s largest economies amid President Trump’s upheaval of the global trade system.…
Tariffs Could Wreck What Bangladesh’s Garment Workers Have Gained
It was always going to be a hard year for Bangladesh. Last summer, amid an economic collapse, protesters toppled a tyrant and pushed the country to the brink of chaos. Then a month ago, as…
How Trump’s Closing a Tariff Loophole Will Hurt UPS and FedEx
Less than a year ago, executives from FedEx and UPS were talking about how they were handling a flood of packages from China to American consumers. “Explosive” is how Carol Tomé, UPS’s…
Ford Says Tariffs Will Cost Company $1.5 Billion in 2025
Ford Motor said on Monday that the Trump administration’s tariff policies were likely to lower its 2025 profit, before interest and taxes, by about $1.5 billion. The company also dropped…