Trump Aides Want to Hit Mexico, Canada With Tariffs Before Talks
The 25% import levy could go into place as soon as Feb. 1.
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Borderlands Mexico: Trump tariffs could raise consumer prices in short term, expert says
Trump tariffs could raise consumer prices in short term, expert says; TransPak expands logistics operation in Texas; Logisticus Group opens supply chain facility near Phoenix; and Grupo Lintel plans $83 million logistics park in central Mexico.
Mexico's Sheinbaum on tariffs: 'We don't think it's going to happen'
Mexico President Claudia Sheinbaum said on Wednesday she does not believe the United States will impose tariffs on Saturday as President Donald Trump has pledged, but said her administration has its own response plan in place if needed.
Trump threatens tariffs at World Economic Forum
President Trump has said he's looking to begin steep levies on imported goods from Mexico, Canada and China starting Feb. 1.
Kevin O'Leary says Trump is using tariffs to warn world leaders to 'get in line'
"Shark Tank" star Kevin O'Leary explains President Donald Trump's "tariff signal" to world economic leaders on "The Story."
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Trump tariffs would shrink economic output by 0.4%: Tax Foundation
he 25% tariffs on Canada and Mexico and 10% tariffs on China announced this week by President Donald Trump would cost 344,000 jobs and reduce long-run economic output by 0.4%, according to Tax Foundation estimates that do not account for any retaliation by trade partners.
3 Economic Takeaways From Trump's Speech at the World Economic Forum
President Donald Trump took his America First economic platform to the international community Thursday, promoting tax cuts, oil extraction, and tariffs at the World Economic Forum at Davos.
Trump to remotely address business, political leaders at Davos forum, topics unclear
U.S. President Donald Trump will speak remotely at the World Economic Forum on Wednesday in Davos, Switzerland, delivering his first major speech to global business and political leaders. Read more at straitstimes.
Gas prices up in New York from last week
The national average price of gasoline has declined again, down 0.9 cents from a week ago to $3.08 per gallon. In New York state, however, the price is up 1.4 cents since last week at $3.14. According to GasBuddy data,
Fed Holds Rates Steady Amid ‘Elevated’ Inflation and Trump Uncertainty
Trump and his GOP allies are readying an ambitious agenda that includes increased deportations of immigrants, higher tariffs on imported goods from Mexico, Canada and China, as well as extending some of the 2017 tax cuts that are set to expire at the end of the year.
Cautious Fed holds rates steady with Trump unknowns looming over outlook
The Federal Reserve held interest rates steady Wednesday as policymakers weigh the direction of inflation and the potential effect of economic policies expected from the new Trump administration.
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 the news, sank 0.7% immediately after the news before rebounding to down 0.