This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact The Epoch Times Reprints.
The new levies drew criticism from trading partners, who defended their labor records and outlined their next steps.
Trade Rep. Jamieson Greer told senators tougher USMCA changes on vehicles, labor, and environment will wait until 2027 as tariff pressures mount.
Dominican Republic, Brazil, and Australia received the largest raw cane allocations as the trade office finalized annual tariff-rate quotas.
The administration accused 60 trading partners of failing to enforce bans on forced labor. It comes as a global 10 percent tariff is set to expire.
Workers facing debt, chronic illness, and financial stress are the most likely to remain in jobs for health benefits.
The volume of Australian businesses going into administration each year continues has rocketed since the pandemic.
The tariff is intended to encourage the reshore America’s pharmaceutical supply chain and protect national security.
Although there are still 300,000 fewer homes priced under $350,000 on the market than in 2019, the gap has narrowed by 220,000 homes since 2022.
The company raised its full-year 2026 earnings forecast on strong second-quarter results, led by pickup sales.
Manufacturing sectors in California and Texas were the biggest beneficiaries of President Donald Trump’s landmark bill.
The latest levies target almost $20 billion in Canadian goods, or 0.8 percent of GDP.
This is a good time to remind investors that the U.S. remains an economic oasis compared to the rest of the world.
The new Section 232 program allows approved companies import primary aluminum at half the regular rate while they work to expand domestic smelting.
The new tariffs will take effect in 30 days.
First-quarter Treasury buybacks outpace foreign purchases of U.S. debt.
Brent crude prices briefly climbed above $91 per barrel before retreating on renewed diplomatic hopes.
Nearly 30 percent of U.S. auto trade-ins had negative equity in the second quarter.
The sell-off in tech stocks came despite cooling inflation at both the retail and wholesale levels, which eased fears of an Federal Reserve interest rate hike.
The U.S. president said the cost of smoke pollution from Canadian wildfires must be added to current tariffs on Canada.
