Trump Tariffs Updates: Trump Threatens Extra 10% Tariffs Over 'Anti-American' BRICS Policies
Trump warned any country embracing the "anti-American" policies of the BRICS bloc nations will face an extra 10% tariff on exports.
Trump warned any country embracing the "anti-American" policies of the BRICS bloc nations will face an extra 10% tariff on exports.
Trump Accounts Get Simplified—But Less Generous—Tax Treatment in Senate Budget Bill
Treasury Secretary Scott Bessent said tariff letters will be sent to about 100 countries over the next several days, as tariff pause comes to an end.
Treas. Sec. Bessent questioned Fed policymakers’ judgment on interest rates, reiterating two-year Treasury yields are signal benchmark rate too high.
Fed Chair Powell didn’t rule out interest rate reduction this month but agreed that central bank would have cut rates by now if not for the tariffs.
Trump's team is no longer aiming for big trade deals with many countries, according to a report in the Financial Times.
U.S. President Donald Trump wrote Fed Chair Jerome Powell urging him to lower interest rates.