President Trump's sweeping tariffs on imports have sparked a global trade war, leading to fears of recession and rising inflation. Allies and rivals are threatening retaliation, intensifying market turbulence.
President Trump is set to unveil the largest trade barriers in decades, dubbed 'Liberation Day.' This move could send shockwaves through the economy, affecting everything from consumer prices to job security. Discover the potential fallout from Trump's new tariffs!
U.S. consumer spending rose by 0.4% in February, reversing January's decline as inflation concerns mount amid escalating trade tensions and tariffs imposed by President Trump.
Consumer sentiment has dropped significantly in March, reaching its lowest point since November 2022. Concerns over inflation and a struggling stock market have left consumers feeling uncertain about the future, as political and economic factors weigh heavily on their outlook.
Treasury Secretary Scott Bessent claims President Trump's tariffs won't raise inflation, asserting that China will absorb the costs. As tariffs on imports from Canada and Mexico approach, experts warn of potential economic fallout.
Survey shows U.S. consumer confidence at a 3-1/2 year low due to economic concerns under Trump's administration. Tariffs, layoffs, and inflation fears contribute to growing pessimism.
Consumer confidence took a nosedive in February as worries over the economy, inflation, and tariff threats loomed large. The decline, influenced by trade policy and Federal Reserve decisions, signals potential shifts in consumer behavior.
US stock markets experienced a significant drop fueled by rising inflation fears and concerns over Trump's tariffs. Consumer sentiment decline and economic data weakness add to the market volatility.
President Trump announces plans to shake up the Kennedy Center board and reviews gun control policies. He also signs executive orders on faith office and South Africa aid. Amidst tariff confusion, Trump suggests Nippon Steel's investment. Ukraine offers mineral deal, while Guantanamo Bay facility expands. Americans fear inflation surge, as federal agencies undergo massive restructuring. FBI faces possible retribution over January 6 cases. USAID to retain fewer than 300 essential workers.
