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Browsing: Donald Trump
The Trump administration’s 50% tariff on Brazilian coffee beans is set to impact Asheville cafés, with owners expecting shortages and cost hikes.
Trump’s tariffs and tax policies are reshaping the U.S. economy, but recent data reveals rising inflation, job market strain, and mounting political risks.
OPEC+ will raise oil production by 547,000 bpd from September, reversing prior cuts as part of efforts to regain market share amid rising global demand.
The US added just 73,000 jobs in July, with prior months revised down by 258,000, signaling weakening hiring as Trump’s trade policies paralyze businesses.
The Trump administration’s reciprocal tariffs reshape global trade, with average rates soaring to historic highs and new deals sought with key partners.
The U.S. will impose tariffs on all low-value imports starting August 29, ending the de minimis exemption and impacting global e-commerce supply chains.
U.S. Treasury yields rose after jobless claims fell below estimates, highlighting labor market strength while mixed PMI and housing data tempered gains.
Trump’s first visit to the Fed in nearly 20 years signals heightened pressure on Powell, with criticism targeting the central bank’s costly renovations.
US President Trump announced a new trade deal with Japan, introducing a 15 percent tariff and a claimed US$550 billion Japanese investment.
President Trump confirms US withdrawal from UNESCO over claims of woke agenda and anti-Israel bias, with the decision taking effect at the end of 2026.
