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Trump and his supporters have claimed that far from the apocalyptic collapse many mainstream economists foresaw under the new tariff regime, the US economy has remained robust. We evaluate this claim ...
Bessent went on to add in a further interview with CNBC he expects tariff revenues under President Trump to exceed his ...
The Trump administration started applying the reciprocal tariff on different countries from August 7 this year, after nearly five months of consultation.
Reserve Bank sees potential for two further OCR cuts by early next year and warns cautious behaviour by households and ...
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's ...
As the dust begins to settle on new tariff rates, some widely used agricultural inputs seem particularly exposed to recent tariff hikes, while the impacts on agri-food imports have been more muted.
The post Tariffs Begin Taking a Bite out of the Economy appeared first on Reason.com.
The labour market is slowing, consumer prices in the U.S. are showing signs of a spike already and tariffs, once in effect, ...
America's effective tariff rate ticked down to 16% in July from 17% earlier in the month, Fitch Ratings said, thanks to a surge in tariff-free imports from Canada and Mexico under the USMCA trade pact ...
The U.S. Commerce Department said on Tuesday it is hiking steel and aluminum tariffs on more than 400 products including wind ...
U.S. tariffs have climbed to their highest average rate since 1934, and consumers may soon notice the difference when shopping for shoes, handbags, and other everyday goods. According to a July report ...