Trump, tariff
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President Donald Trump has again delayed a tariff deadline. His back and forth on the policy spurred TACO accusations. What does it mean?
Inflation has eased since Trump took office, meaning prices have risen at a slower pace than they had been at the end of the Biden administration. Consumer prices increased 2.4% in May compared to a year earlier, hovering near the lowest inflation since 2021.
Jamie Dimon warns markets are growing complacent on Trump’s tariff threats, as UBS's Paul Donovan flags a paradox fueling investor overconfidence.
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The decision came just days before the prior July 9 deadline when many of Trump’s original "Liberation Day" tariffs were to take hold. Trump also began sending out letters to select trading partners, including Japan and South Korea, which he said will face 25% levies if they don’t reach agreements with the United States by Aug. 1.
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Cryptopolitan on MSNTrump sends 6 more tariff letters, bringing total to 20Donald Trump added six more countries to his growing trade war list on Wednesday, releasing new tariff warning letters to the leaders of the Philippines,
Currency analyst Ibrahim Assuaib said several global factors contributed to the US dollar's decline, which in turn supported the rupiah.
President Trump said Wednesday he would impose a 50% tariff on goods from Brazil next month, citing the criminal prosecution of former Brazilian President Jair Bolsonaro, which Mr. Trump called an "international disgrace.