News

Trump tariffs live updates: Bessent suggests pause extension, US-China trade framework takes shape
Treasury Secretary Scott Bessent told Congress that it is "highly likely" that a pause related to steep new US tariffs on ...
Trump says US gets rare earth minerals from China and tariffs on Chinese goods will total 55%
President Donald Trump announced Wednesday that China will make it easier for American industry to obtain much-needed needed ...
May CPI Review: Inflation Continues To Defy Tariffs
Discover May's inflation trends with insights from the Bureau of Labor Statistics. Click for my full review of the CPI data ...
Here’s How Much Money the U.S. Is Earning From Tariffs, in Charts
Revenue from duties jumped to $22 billion in May, and customs officials are stepping up enforcement to collect it.
US monthly budget deficit falls to $316 billion as tariffs boost customs receipts
The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs ...
Inflation rose less than expected last month despite Trump’s tariffs
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
Tariff-Inflation Watch: CPI Inflation In Light Of The Tariffs
A lot of durable goods sold to consumers are imported or contain imported components or materials subject to the new tariffs.
UAW: GM Plan Shows Trump Tariffs Are Working
United Auto Workers President Shawn Fain says General Motors’ plan to invest in U.S. factories shows President Trump’s ...
Victoria's Secret is cutting back on deals and discounts as tariffs hit its business
Victoria's Secret is "optimizing" discounts and gifts that it gives customers to offset higher costs from tariffs. Price ...