Economics

U.S., EU Strike Tariff Deal, Sidestep Trade War

U.S., EU Strike Tariff Deal, Sidestep Trade War

The United States and European Union established a trade agreement which imposed a 15% tariff on most EU exports to the United States while preventing a complete transatlantic...

Fed Set to Hold Rates Amid Inflation, Tariff Risks

Fed Set to Hold Rates Amid Inflation, Tariff Risks

The Federal Reserve will maintain its current interest rate policy this week because its members face opposing economic indicators and increasing White House demands. The majority of...

Trump Says Odds of EU Trade Deal at 50-50

Trump Says Odds of EU Trade Deal at 50-50

During his Friday press conference President Donald Trump expressed doubt about reaching a trade agreement with the European Union since Brussels shows immediate concern about upcoming U.S....

U.S., EU Near 15% Tariff Deal, Report Says

U.S., EU Near 15% Tariff Deal, Report Says

The Financial Times reported that the U.S. and European Union are moving toward a trade agreement which would establish 15% tariffs on EU imports following the Japan-U.S. agreement...

Trump Tariffs Cost GM $1.1 Billion in Second Quarter

Trump Tariffs Cost GM $1.1 Billion in Second Quarter

General Motors experienced a $1.1 billion tariff-related loss during the second quarter because U.S. trade policies increased their expenses despite the company achieving better-than-expected financial results....

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