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Canada and Mexico face 25% tariffs on Sat., Trump says
Is Saturday D-Day for Trump’s Tariffs?
Join the club. Washington is playing the waiting game as Feb. 1 nears. By our complex calculations, that’s Saturday, and it’s the date Trump has teased for when Mexico and Canada – two of America’s largest trading partners – will be slapped with 25% tariffs. (China, meanwhile, could get a 10% levy.)
New Trump tariffs could put even more downward pressure on economy because they’re less targeted
Economists say Trump’s second-term tariffs, if carried out as promised, could put even more downward pressure on the economy, because he’s framed them as across-the-board, rather than targeted to particular consumer products or commodities.
Canada and Mexico face 25% tariffs on Saturday, Trump says
US President Donald Trump has said he will follow through with his threat to hit imports from Canada and Mexico with 25% border taxes, known as tariffs, on 1 February. But he added that a decision about whether this would include oil from those countries has not yet been made.
Fed Holds Rates
S&P warns uncertain federal policy could keep inflation above 2%
A credit-rating agency warned that inflation could remain above the Federal Reserve's 2% target because of uncertainty about President Donald Trump's economic policies. S&P Global Ratings said that uncertain federal policy could lead to inflation remaining above the 2% target for longer and cool economic trends in 2025 after
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
Fed Holds Rates Steady Amid ‘Elevated’ Inflation and Trump Uncertainty
Though the Fed and its chairman, Jerome Powell, repeatedly tout their independence from the political world, it is clear from comments from Fed officials that they believe inflati
1d
Cautious Fed holds rates steady with Trump unknowns looming over outlook
Investors today will be listening to how Fed Chair Jerome Powell addresses the potential effect that President Donald Trump ...
1d
Trump’s Tariffs Scramble Fed’s Interest Rate Calculus
Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for ...
1d
on MSN
Trump rails against the Fed after it left interest rates untouched
The meeting went as expected, with no changes to interest rates. But the S&P 500 broad index of large cap stocks declined on ...
News 8000
1d
Fed hits pause on interest rate cuts
The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second ...
Opinion
1d
Opinion
Trump Can Have Lower Interest Rates Without Bullying the Fed
It’s too early to let down our guard against tariffs, but the inflation picture is looking increasingly benign.
1d
Mexico's economy likely shrank in fourth quarter
Mexico's economy likely contracted from October to December, marking the first quarterly decrease in more than three years, a ...
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