The White House is adjusting its approach to tariffs that will take effect on April 2, likely eliminating a series of industry-specific tariffs while imposing reciprocal tariffs aimed at countries with significant trade ties with the United States, according to the Wall Street Journal.
US President Donald Trump has declared April 2 as "Liberation Day" for the US, when he will implement so-called reciprocal tariffs that seek to match US tariffs with those imposed by trading partners, as well as tariffs on sectors such as autos, pharmaceuticals and semiconductors, which he has repeatedly said will be imposed on that day.
Trump also hinted that there would be room to "talk" about trade issues with China, adding that he hopes to meet with Chinese President Xi Jinping in the near future. (Newsmaker23)
Source: FXstreet
US President Donald Trump said Washington is willing to provide security assistance to Ukraine as part of a deal to end the war with Russia. He emphasized that security support is a crucial factor in ...
President Donald Trump has threatened to impose an additional 5% tariff on imports from Mexico if the country does not immediately release water supplies that the U.S. government says are due under a ...
President Donald Trump announced an $11 billion aid package for American farmers, particularly soybean farmers, who have been hit by the trade war and falling crop prices. Tariffs against many countri...
US President Donald Trump expressed disappointment with Ukrainian President Volodymyr Zelenskiy's response to Washington's peace proposal to end the war with Russia. According to Trump, Kyiv hasn't mo...
President Donald Trump announced a new peace pact between Rwanda and the Democratic Republic of Congo, which he linked to US access to critical minerals. At a meeting in Washington, Trump claimed his ...
Oil prices rose slightly on Thursday (December 18th) as investors assessed the possibility of further US sanctions on Russia and the supply risks posed by the blockade of Venezuelan oil tankers. Brent crude rose 32 cents, or 0.54%, to $60 a barrel...
1) US vs. Venezuela: "Tanker Blockade" Immediately Tenses Markets The US under President Donald Trump has increased pressure on Venezuela by ordering a blockade of sanctioned oil tankers (entering and leaving Venezuela). This has raised concerns...
Gold prices slip as investors focus on rising geopolitical tensions in Venezuela and await upcoming U.S. inflation data that could shape the Fed's next policy move. Futures in New York fall 0.4% to $4,356.50 a troy ounce in early trading, with...
New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to...
Stocks rose Monday led by a broad array of names as traders bet data set for release this week will point to tame inflation and strong economic...
Stocks fell slightly on Tuesday as traders digested the delayed release of the November's jobs report.
The S&P 500 fell 0.1%, while the Nasdaq...
Nonfarm Payrolls (NFP) in the United States rose by 64,000 in November, according to a report from the U.S. Bureau of Labor Statistics (BLS) on...