tariffs News

Fed's Bostic Predicts Just One Interest Rate Cut Amid Inflation and Tariff Challenges

Atlanta Fed President Raphael Bostic forecasts a single interest rate cut this year due to market uncertainties and inflation challenges, including tariff impacts, while maintainin...

Fed's Jefferson Warns: Rising Tariffs May Fuel Inflation, Economic Uncertainty Looms

Fed Vice Chair Philip Jefferson discusses the potential inflationary effects of higher tariffs, noting uncertainty over their duration. He affirms the current policy rate's adaptab...

Piyush Goyal to Spearhead Crucial US-India Trade Negotiations Starting May 17

Union minister Piyush Goyal will lead a delegation to the US from May 17 to 20 for crucial trade talks, aiming to advance the bilateral trade agreement and address key issues like ...

Tata Motors Reassesses Jaguar Land Rover's Profit Goals Amidst Shifting US-UK Trade Dynamics

Tata Motors is reassessing Jaguar Land Rover's profit targets due to new US tariffs and a UK-US trade deal, highlighting challenges global automakers face in uncertain trade enviro...

Goolsbee Warns: Lingering Tariffs Threaten Stagflation Despite US-China Trade Truce

Chicago Fed President Austan Goolsbee warns that despite the US-China tariff truce, remaining tariffs could lead to stagflation, slowing growth and raising prices. He calls for cau...

Japan's Prime Minister Ishiba Advocates for Zero Tariffs in US Trade Deal, Eyes Economic Benefits

Japanese Prime Minister Shigeru Ishiba aims for a tariff-free trade deal with the US, emphasizing economic benefits and a strong relationship with President Trump, diverging from t...

Wall Street Holds Steady as Investors Eye Crucial US-China Trade Talks in Switzerland

Wall Street ended the week flat as investors await the outcome of US-China trade talks in Switzerland, amidst President Trump's tariff threats. The Dow dipped slightly, while the e...

India-UK FTA Sparks Optimism Among Domestic Medical Device Firms for Business Expansion

Domestic medical device firms in India are optimistic about the India-UK Free Trade Agreement, expecting business expansion and lower tariffs. Experts call for transparency to ensu...

Exclusive: Trump Boasts US Will Reap Massive Profits from Strategic Tariffs and Trade Deals

President Donald Trump claims the US will profit significantly from tariffs, highlighting a new trade deal with the UK and upcoming talks with China. The agreement with British Pri...

Wall Street Awaits US-China Trade Talks: Markets Show Cautious Optimism Amid Tariff Speculations

Wall Street shows cautious optimism as it awaits the outcome of US-China trade talks, with slight market gains and company earnings influencing movements. Key discussions on tariff...

Fed Chair Powell Issues Stark Warning: Tariffs May Spike Inflation and Stunt Economic Growth

Federal Reserve Chair Jerome Powell warns that escalating tariff policies could lead to higher inflation and slower economic growth, as the Fed decides to hold interest rates stead...

EU Threatens $95 Billion in US Imports with Tariffs Amid Stalled Trade Negotiations

The European Union is prepared to impose tariffs on US imports worth €95 billion following unsuccessful trade talks, potentially escalating into a full-blown trade war between the ...

Oil Prices Surge Over 1% Amid Optimism Over US-China Trade Negotiations

Crude oil prices surged over 1% following US Treasury Secretary's confirmation of upcoming trade talks with China and the Federal Reserve's decision to keep interest rates unchange...

US Stock Futures Rally Following Powell's Comments on Tariffs and Unemployment

US stock futures rose after Fed Chair Jerome Powell commented on the delayed impact of tariffs and the Fed's stance on unemployment. The Dow, Nasdaq, and S&P 500 all saw premarket ...

Fed Chair Powell Warns: Sustained Tariff Hikes Could Escalate Inflation and Economic Slowdown

Federal Reserve Chair Jerome Powell warns that sustained US tariff increases could lead to higher inflation, slower economic growth, and more unemployment, following the Fed's deci...

Powell Warns of Potential Economic Shock from Tariffs, Yet Data Remains Unaffected

Federal Reserve Chairman Jerome Powell discusses the lack of significant economic impacts from tariffs in current data but warns of potential future shocks including higher inflati...

Fed Chair Powell Warns: Rising Tariffs Could Halt Inflation Progress and Economic Growth

Federal Reserve Chair Jerome Powell warns that rising tariffs could disrupt inflation control and economic growth, emphasizing the need for careful monitoring of economic data befo...

Federal Reserve Expected to Maintain Interest Rates Amid Inflation and Economic Slowdown

The Federal Reserve is likely to keep interest rates steady amid high inflation and economic slowdown, with potential rate cuts later in the year. President Trump pushes for cuts, ...

Federal Reserve Expected to Maintain Steady Rates Amid Inflation and Economic Growth Concerns

The Federal Reserve is likely to hold interest rates steady at 4.25% to 4.5% in May, focusing on inflation targets amid economic growth concerns. Core inflation remains high, and G...

Federal Reserve Expected to Maintain Interest Rates Amid Inflation and Economic Slowdown

The Federal Reserve is likely to hold interest rates steady amid high inflation and economic slowdown, with potential rate cuts later in the year. President Trump's call for rate r...

Federal Reserve Expected to Maintain Steady Rates Amid Inflation and Economic Slowdown

The Federal Reserve is expected to hold interest rates steady at 4.25% to 4.5% in May, focusing on inflation targets amidst economic slowdown and political pressures for rate cuts.

Fed Expected to Maintain Steady Rates Amid Inflation Challenges and Political Pressure

The Federal Reserve is likely to hold interest rates steady at its May meeting, focusing on inflation targets amid economic challenges and political pressures for rate cuts.

Carney and Trump Engage in Constructive Talks on Trade, Tariffs Decision Postponed

Canadian Prime Minister Mark Carney and US President Donald Trump had constructive talks on trade, with no immediate decisions on tariffs. Carney emphasized Canada's sovereignty am...

Carney and Trump Discuss Tariffs: Constructive Talks but No Immediate Decisions

Canadian Prime Minister Mark Carney and US President Donald Trump held constructive talks on tariffs, with no immediate decisions made. Carney emphasized Canada's sovereignty, whil...

Dow Drops Over 300 Points Amid New Tariff Announcements and Federal Reserve Decision Anticipation

U.S. markets opened lower as investors awaited the Federal Reserve's rate decision, with President Trump's announcement of new tariffs on pharmaceutical imports adding to the cauti...

Trump Boasts Unprecedented Trade Deal with India: Tariffs to Drop to Zero

US President Donald Trump claims India agreed to drop tariffs on American imports to zero, attributing the decision to his influence. Details remain scarce as trade talks continue,...

Dow Dives Over 300 Points Amid New Tariff Talks and Federal Reserve Anticipation

U.S. markets opened lower amid anticipation of the Federal Reserve's rate decision and new tariff announcements by President Trump. The Dow dropped 340 points, with significant los...

March Sees a Significant Narrowing of Canada's Trade Deficit Amid Global Economic Shifts

Canada's trade deficit narrowed to 942 million Canadian dollars in March from 2.1 billion in February, with exports and imports both seeing declines. The goods trade deficit improv...

Dow Drops Over 300 Points as New Tariff Talks and Fed Decision Loom Over Markets

U.S. markets opened lower amid concerns over new tariffs and the Federal Reserve's rate decision. President Trump's announcement on pharmaceutical tariffs and discussions on movie ...

Dow Drops 300 Points as Investors Brace for Fed Decision and New Tariffs Announcement

US markets opened lower as investors await the Fed's rate decision and react to new tariff announcements from the White House. Earnings reports show mixed results, with DoorDash po...

Wall Street Braces for Fed Decision: Futures Dip as Investors Await Interest Rate Verdict

Wall Street stock futures declined as investors awaited the Federal Reserve's interest rate decision, the first since President Trump's tariff announcements. The Dow, Nasdaq, and S...

Continental AG Raises Alarm Over Global Trade Restrictions and Economic Uncertainty

Continental AG warns of the global impact of tariffs and trade restrictions, citing significant uncertainty for the economic outlook. The company reports stable sales but notes a d...