De minimis tariff dodge ending means less purchasing power for Americans
The de minimis exemption—a tariff loophole that for years made millions of direct-to-consumer imports duty free—is gone, and…
U.S. tariffs on Indian goods are now 50%, a level analysts warn is akin to a trade embargo
U.S. tariffs of 50% took effect Wednesday on many Indian products, doubling an existing duty as President Donald…
‘Consumers are going to be shocked’: An expiring tariff exemption for goods under $800 is about to throttle the world of e-commerce
NEW YORK (AP) — U.S. consumers have gotten used to shopping the world without paying customs duties on the international…
Europe’s $64.6 billion postal pipeline of ‘de minimis’ goods comes to screeching halt
The end of an exemption on tariff duties for low-value packages coming into the United States is causing multiple international…
Powell’s ‘unusual’ Jackson Hole remarks reveal he’s boxed in by Trump’s tariffs and deportations, risking a 1970s-style mistake, economist Slok says
Powell noted that while labor markets remain in balance, it is a “curious kind of balance that results…
Trump is deporting so many immigrants that it could cause inflation to hit 4% next year, top economist says
Donald Trump’s new immigration policies—including deporting, the White House claims, about 750 immigrants a day on average—are helping…
Bessent says unusual Nvidia, AMD revenue-sharing deal could be a ‘model’ for other industries
President Donald Trump surprised markets on Monday with a deal that was widely characterized as unusual: Nvidia and…
Trump is bringing in enough revenue from tariffs to have a serious impact on the $37 trillion national debt, budget watchdog says
President Donald Trump’s sweeping new tariffs are raking in unprecedented sums for the federal government—so much, in fact,…
The ‘Fed put’ is back: If Tuesday’s inflation report is bad expect chaos in the markets
S&P 500 futures were flat this morning as global markets rested at or near their all-time highs. Investors…
Stock market today: Dow futures rise ahead of CPI report this week
Markets were pointing toward another rally on Sunday evening as investors brace for fresh economic data that will deliver…
Trump’s threatened 40% tariff on ‘transshipped’ goods tries to target China and its manufacturing strength
As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting…
Stock market today: Dow sinks more than 500 points as job numbers shock Wall Street
More last-minute modifications to tariff rates and a disappointing July jobs report weighed heavily on investors on Friday.…