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Tag Archives: tariffs

REPORT: Americans are spending less due to Trump tariffs

LONDON, UK | Xinhua | Americans are planning to spend less money this summer due to the impact of U.S. President Donald Trump’s trade tariffs, The Independent has said, citing polling, surveys and media reports. In a survey by personal finance company WalletHub, 45 percent of respondents said tariffs are …

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Market discipline will prevail in the US

It is worth remembering that Trump’s early attacks on the Fed’s independence already backfired. US stocks sank, bond yields spiked, and Trump stopped threatening to fire Fed Chair Jerome Powell. COMMENT | NOURIEL ROUBINI | Since US President Donald Trump’s election last year, I have argued that at least some of his policies …

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U.S. appeals court reinstates Trump’s tariffs

NEW YORK | Xinhua | A day after the U.S. Court of International Trade invalidated U.S. President Donald Trump’s reciprocal tariffs and other duties, a federal appeals court on Thursday granted the Trump administration’s request to temporarily pause the trade court’s ruling. The judgment issued Wednesday by the international trade …

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Will Trump unite China and Europe?

COMMENT | NANCY QIAN |  With little economic or political rationale, US President Donald Trump has introduced some of the highest tariffs in more than a century, and imposed them on nearly every economy in the world. Then, suddenly, despite his insistence that the tariffs were here to stay, he paused the …

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