New tariffs are generating billions of dollars in revenue, but Bessent says that will go toward paying national debt
Treasury Secretary Scott Bessent in Stockholm on July 29. – Magnus Lejhall/TT News Agency/AFP via Getty Images Treasury…
Donald Trump signs order extending US-China trade truce for 90 days
The executive order staves off triple-digit duties on Chinese goods as U.S. retailers prepared for the critical end-of-year…
Bank of America sees stagflation, not recession—and no rate cut this year. It’s because of 2 specific Trump policies
Bank of America Research economists remain convinced that the Federal Reserve will not cut interest rates in 2025, despite…
US stocks slump after Trump’s new tariffs, weak jobs report
President Trump’s sweeping tariffs take effect New U.S. tariffs are ready to take effect, targeting trade deficits with…
What Trump’s EU trade deal means for your wallet
Tariffs, including the new 15% rate for most imports from the EU, would raise consumer prices by 1.8%…
Bangladesh to buy 220,000 tons of US wheat to cool tariff tension
By Ruma Paul DHAKA (Reuters) -Bangladesh’s government has approved the purchase of about 220,000 metric tons of wheat…