Farmers and businesses face turmoil as President Trump's immigration raids create uncertainty and fear among foreign-born workers. With labor shortages rising, the economic implications are staggering.
A federal appeals court has allowed President Trump's hefty tariffs to take effect while legal challenges proceed. The case is set for expedited review, raising questions about the future of U.S. trade policy and its economic implications.
As Trump's tariffs face legal hurdles, his economic advisers remain steadfast in their belief that these duties will remain. Discover the potential ramifications of this ongoing legal saga.
In a major development, US officials announced substantial progress in trade negotiations with China, hinting at a deal that could reshape the global economy and resolve ongoing tariff issues.
China's exports skyrocketed 8.1% in April, driven by a boom in shipments to Southeast Asia, despite a dramatic 21% plunge in exports to the U.S. as tariffs take their toll. Explore the implications for global trade.
U.S. President Trump's unexpected tariffs could spark stagflation, warns Fed Chair Powell. With inflation rising and economic growth slowing, the market braces for potential turmoil. Learn how this impacts the economy and stock market.
General Motors reveals that the Trump administration's tariffs will cost it $4-$5 billion this year, prompting a drastic cut in earnings projections. The auto giant's CEO, Mary Barra, warns of broader economic implications as tariffs loom over the industry.
In a closely watched Senate vote, Republicans narrowly defeated a Democratic resolution aimed at blocking Trump's controversial tariffs, sparking debates about the economic implications and party unity.
In a critical move, Senate GOP leaders have successfully defended Trump's tariffs, with Vice President Vance casting the tie-breaking vote. Despite economic contraction, the bill to rein in tariffs was rejected, signaling ongoing support for Trump's trade policies.
In a dramatic escalation, President Trump intensifies his critique of Federal Reserve Chair Jerome Powell, questioning his leadership amid rising inflation and economic uncertainty. With calls for Powell's removal, the political and economic implications are profound as Trump's tariff policies face bipartisan scrutiny.