Tariffs

More U.S. households say they are better off now than a year ago.

While rare earth exports have resumed, they remain below the levels outlined in the Geneva agreement, Trump’s economic adviser says.

‘The meeting should go very well,’ the president said on Truth Social.

Its survey revealed that a significant share of businesses boosted U.S. purchases, while a similar share reported a decline in imported goods.

Imports fell and exports rose to a record high.

The Congressional Budget Office projects major revenue gains with moderate economic drag from the president’s sweeping tariff policies.

The company accelerated store openings and converted many stores to a multi-price format.

By doubling the levies, foreign companies ‘can no longer get over the fence,’ Trump said.

The Trump administration wants to see plans to remove non-tariff trade barriers and promises to purchase U.S. factory and farm products.

The company’s shares soared more than 14 percent following its earnings report.

Despite legal hurdles, the administration is confident that ‘Plan A’ will be successful.

The world economy is expected to expand just 2.9 percent this year, with U.S. growth halved and trade tensions threatening further damage, the OECD says.

‘There are 27 member states, and each of them has a different set of trade priorities,’ former Commerce Secretary Wilbur Ross said.

Brussels Trade Commissioner Maros Sefcovic is set to meet U.S. Trade Representative Jamieson Greer at a gathering in Paris on June 4.

Commerce Secretary Howard Lutnick said that trade talks with other nations remain ongoing despite the legal battle.

‘Nobody’s going to get around that,’ the president says at a U.S. Steel mill in Western Pennsylvania.

The company’s first-quarter performance was led by its Gap and Old Navy labels, with Old Navy traffic up 10.2 percent in April.

Early forecasts signal a spike in second-quarter GDP growth.

May 22 was the largest day for tariff revenue collections.

USTR Greer said China was supposed to roll back critical mineral export bans after the Geneva agreement but hasn’t done so fully.