Stocks on Wall Street surrendered early gains and closed broadly lower Friday after the White House said President Donald Trump would impose promised tariffs on key U.S. trading partners. The S&P 500 fell 0.
Leavitt implied that there’s not much the impacted parties can do to avoid the duties at this point. “Tariffs are incoming tomorrow…And the reason for that is because both Canada and Mexico have allowed an unprecedented invasion of illegal fentanyl that is killing American citizens—and also illegal immigrants—into our country,” she said.
President Donald Trump did not call on the Federal Reserve to bring down rates last week, but said it had failed to bring down inflation. Trump said he would take bringing inflation down into his
The White House budget office rescinded a memo ordering a broad freeze on federal grants and loans after Republican senators “hit the ceiling” over the order, which caught them completely by
U.S. consumers grappling with soaring prices for beef and eggs will face even higher costs for meat, vegetables and fruit if President Donald Trump imposes tariffs on Canadian and Mexican imports, economists and food industry executives said.
President Donald Trump will move forward with aggressive new tariffs on Canada, Mexico and China on Saturday, the White House said, affirming he will stick to his February 1 deadline for the new duties that could have widespread effects on the economy.
The cost of eggs became an infamous symbol of the inflation that plagued Biden's early presidency — but in the first few days of Trump's second term, the cost has gotten worse
Stocks surrendered early gains and closed lower after the White House said President Trump would impose promised tariffs on some key U.S. trading partners
Canadian Prime Minister Justin Trudeau says tariffs would have “disastrous consequences” for the U.S., putting American jobs at risk and causing prices to rise.
A chicken vaccination campaign would likely be cheaper for the Trump administration and, more importantly, better for egg-buyers.