Trade

Trump ‘most likely’ needs 60 votes in Senate to enact tariff plan, Sen. Rick Scott suggests

Chip Somodevilla | Getty Images President-elect Donald Trump proposed sweeping new tariffs while on the campaign trail. The self-proclaimed “Tariff…

Trump tariffs could reheat inflation if countries retaliate

Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at…

What Trump’s historic election victory means for the global economy

A worker is making textile export orders at a production workshop of a textile enterprise in Binzhou, China, on July…

Trump tariffs could spike retail prices dramatically: NRF report

People shop in an Abercrombie & Fitch store in midtown Manhattan on October 24, 2024 in New York City.  Spencer…

Europe prepares for ‘America First’ push no matter who wins U.S. election

Former President Donald Trump and Vice President Kamala Harris are shown on screen during a debate watch party at the…

Elon Musk, Trump allies say tariff plans could cause economic pain

Tesla and SpaceX CEO Elon Musk speaks at a rally for former US President and Republican presidential candidate Donald Trump…

Trump in Joe Rogan interview says he’d replace income tax with tariffs

Former President Donald Trump stood by his idea to end income taxes and substitute them with tariffs in a Friday…

German finance minister warns of retaliation if U.S. kicks off trade war

Christian Lindner, Germany’s finance minister, during a meeting Janet Yellen, US treasury secretary, not pictured, at the annual meetings of…

U.S., China trade tariffs escalating would be ‘costly for everybody’: IMF

An escalation of trade and tariffs tensions between the U.S. and China would have “costly” economic consequences around the world,…

Trump doubles down on tariff plan that voters hate

Republican presidential nominee and former U.S. President Donald Trump speaks as he visits a campaign office in Hamtramck, Michigan, U.S.…