Tag #Tariffs

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nbcnews.com
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U.S. Economy Contracts Amidst Tariff Uncertainty

A Federal Reserve report reveals a slight U.S. economic contraction over the past six weeks due to slowed hiring and tariff-related price increases, impacting consumer and business decisions; inflation is rising moderately but is expected to accelerate, with tariffs mentioned 122 times in the report...

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abcnews.go.com
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US Jobless Claims Rise to Eight-Month High Amid Tariff Uncertainty

U.S. jobless claims rose to 247,000 for the week ending May 31, the highest in eight months, exceeding analysts' expectations and signaling a potential cooling of the labor market amid tariff-related economic uncertainty.

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abcnews.go.com
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U.S. Trade Deficit Plummets to \$61 Billion in April Amid Tariff Uncertainty

The U.S. trade deficit narrowed to \$61 billion in April from \$140 billion in March, primarily due to a 16% drop in imports after President Trump's tariff increase, despite ongoing legal challenges and mixed economic forecasts.

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abcnews.go.com
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Trump, Xi Agree to Further Trade Talks Following Accusations of Broken Agreement

Following accusations of violating a trade agreement, Presidents Trump and Xi Jinping held a 90-minute phone call on Thursday, agreeing to further negotiations and exchanging invitations for state visits, aiming to resolve trade disputes.

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edition.cnn.com
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Trump, Xi Express Optimism on Resolving Trade Tensions After Phone Call

Following a 90-minute phone call, Presidents Trump and Xi Jinping expressed optimism about resolving trade tensions, agreeing to future economic talks and mutual visits, focusing solely on trade issues and highlighting progress on rare earth mineral restrictions.

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theglobeandmail.com
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China Criticizes Canada's EV Tariffs, Warns Against U.S. Alignment

China's ambassador to Canada criticized Canada's 100 percent tariffs on Chinese electric vehicles, impacting investment and creating a trade war involving retaliatory tariffs on Canadian goods like canola oil and peas; he also warned against Canada's alignment with the U.S. against China, calling it...

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npr.org
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Trump and Xi Speak Amid Trade Tensions

On Thursday, Presidents Trump and Xi held a phone call, their first since Trump's re-election, agreeing to further trade talks and potential state visits. Trump also hinted that China might ease export restrictions on rare earth minerals, a critical component in numerous technologies. The call follo...

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forbes.com
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Trump's Unlikely China Trade Deal Amidst Domestic Economic Challenges

President Trump's pursuit of a bilateral trade deal with China faces significant headwinds due to China's internal economic challenges, including a property crisis, deflation, and record youth unemployment, alongside the Trump administration's aggressive trade tactics and unpredictable policy shifts...

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smh.com.au
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Trump Announces Progress in US-China Trade Deal, Accepts Invitation to Visit Beijing

Following a phone call, US President Trump announced that a trade deal with China is in good shape and accepted an invitation to visit Beijing. The call resolved complexities in a preliminary agreement to lower tariffs, including trade in rare earth minerals. US Treasury Secretary Scott Bessent, Com...

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cnn.com
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Trump and Xi Express Optimism on Trade After Phone Call

Presidents Trump and Xi Jinping held a 90-minute phone call on Thursday, expressing optimism about resolving trade tensions and agreeing to further talks, focusing on rare earth minerals and reciprocal tariffs, while setting aside other geopolitical issues.

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theglobeandmail.com
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U.S. Trade Deficit Narrows Sharply in April

The U.S. trade deficit narrowed to $61.6 billion in April, a record 55.5 percent decrease, mainly because imports dropped 16.3 percent—the largest decline ever recorded. Economists predict this could positively affect GDP this quarter.

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cbsnews.com
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Alaska Airlines Cancels 14 Daily Flights Due to Tariffs

Alaska Airlines is canceling 14 daily flights due to tariffs on new Embraer 175 jets from Brazil, impacting its Horizon Air subsidiary which serves the Pacific Northwest, Alaska, California, Colorado, Utah, and western Canada, through the end of July, though no single route is eliminated entirely.

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Industry, Innovation, and Infrastructure

Showing 25 to 36 of 3,114 results