🇺🇸 White House says "America does not need other countries as much as they need us."
It's over folks
It's over folks
JUST IN: White House confirms that additional 50% in tariffs on China will take effect tomorrow
TRUMP: RAISING TARIFF CHARGED TO CHINA TO 125% EFFECTIVE IMMEDIATELY
*TRUMP: MORE THAN 75 COUNTRIES IN CONTACT WITH US TO NEGOTIATE
*TRUMP: AUTHORIZED 90 DAY PAUSE, LOWERED RECIPROCAL TARIFF OF 10%
Trade war against China only, for now
*TRUMP: MORE THAN 75 COUNTRIES IN CONTACT WITH US TO NEGOTIATE
*TRUMP: AUTHORIZED 90 DAY PAUSE, LOWERED RECIPROCAL TARIFF OF 10%
Trade war against China only, for now
March CPI inflation FALLS to 2.4%, below expectations of 2.5%.
Core CPI inflation FALLS to 2.8%, below expectations of 3.0%.
This marks the 2nd straight monthly decline in Headline and Core CPI inflation.
Inflation has cooled down despite the trade war.
Core CPI inflation FALLS to 2.8%, below expectations of 3.0%.
This marks the 2nd straight monthly decline in Headline and Core CPI inflation.
Inflation has cooled down despite the trade war.
US SHORT-TERM INTEREST-RATE FUTURES RISE AFTER DATA AS TRADERS ADD TO BETS ON FED RATE CUTS
CPI came out bullish, but the market remains skeptical about rate cuts. Bloomberg expects the Fed to take a cautious approach due to tariff-driven inflation. But for some short period definitely bullish data
US MARCH CORE CPI RISES 0.1% M/M; EST. +0.3%
US MARCH CORE CPI RISES 2.8% Y/Y; EST. +3.0%
Federal Reserve officials are prepared to maintain their policy rate steady to minimize the risk that tariffs could lead to a persistent rise in inflation, even if the labor market continues to soften,” as reported by Bloomberg.
US MARCH CORE CPI RISES 0.1% M/M; EST. +0.3%
US MARCH CORE CPI RISES 2.8% Y/Y; EST. +3.0%
Federal Reserve officials are prepared to maintain their policy rate steady to minimize the risk that tariffs could lead to a persistent rise in inflation, even if the labor market continues to soften,” as reported by Bloomberg.
BREAKING: China and the European Union have begun negotiations to eliminate EU tariffs on Chinese electric vehicles.
As the US ramps up tariffs on China, the EU is attempting to reduce tariffs on China in an effort to build trade relations.
As the US ramps up tariffs on China, the EU is attempting to reduce tariffs on China in an effort to build trade relations.
China’s Tariff Commission announced it will raise tariffs on certain U.S. imports from 84% to 125%, effective April 12, 2025. The move responds to the U.S. increasing its own tariffs on Chinese goods to 125%. China stated that at this level, U.S. exports to China are no longer commercially viable, and it will disregard any further U.S. tariff hikes. — link