Category: Economy, Finance and Market News

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Burgum Supports Trump’s Tariff Talks with China, Calls for More US Mining

Burgum Supports Trump’s Tariff Talks with China, Calls for More US Mining

Interior Secretary Doug Burgum emphasized the importance of expanding domestic mineral production while supporting President Trump’s strategy of nego [...]
Republicans Back Trump’s Trade War — But Voter Patience Has a Deadline

Republicans Back Trump’s Trade War — But Voter Patience Has a Deadline

Republican leaders largely back Donald Trump’s trade war strategy, embracing short-term economic pain in hopes of long-term gain. However, interviews [...]
U.S. Chamber of Commerce Opts for Lobbying Over Lawsuit Against Trump’s Tariffs

U.S. Chamber of Commerce Opts for Lobbying Over Lawsuit Against Trump’s Tariffs

The U.S. Chamber of Commerce has chosen not to sue the Trump administration over recent tariffs, instead opting to directly lobby for their removal. [...]
California sues Trump administration to block tariffs

California sues Trump administration to block tariffs

A China Shipping container is seen at the port of Oakland, as trade tensions escalate over U.S. tariffs with China, in Oakland, California, U.S., [...]
Von der Leyen: Global Leaders Turning to EU for Trade Amid Trump Tariff Uncertainty

Von der Leyen: Global Leaders Turning to EU for Trade Amid Trump Tariff Uncertainty

European Commission President Ursula von der Leyen emphasized that recent trade uncertainty sparked by U.S. tariffs under Donald Trump has had an une [...]
Trump’s Trade War Pressures U.S. Oil Industry | Energy Dominance at Risk

Trump’s Trade War Pressures U.S. Oil Industry | Energy Dominance at Risk

The U.S. oil industry is facing severe pressure from President Trump’s escalating trade tariffs and global market instability. With crude prices plun [...]
Trump plans separate levy on exempted electronics amid trade war, Lutnick says

Trump plans separate levy on exempted electronics amid trade war, Lutnick says

REUTERS/Kent J. Edwards U.S. Commerce Secretary Signals Upcoming Tariffs on Smartphones, Semiconductors, and Other Electronics April 13, 20 [...]
That seat will cost how much? US businesses already seeing impact of Trump tariffs

That seat will cost how much? US businesses already seeing impact of Trump tariffs

A Tonka toy is displayed at a store in New York City, U.S., April 9, 2025. REUTERS/Jeenah Moon/File Photo U.S. Businesses Report Rising Costs [...]
Temporary Tariff Exemptions on Electronics: U.S. Focuses on Rebuilding Domestic Manufacturing

Temporary Tariff Exemptions on Electronics: U.S. Focuses on Rebuilding Domestic Manufacturing

Commerce Secretary Howard Lutnick confirmed that the tariff exemptions on electronics are temporary. The exemptions are part of a broader strategy to [...]
Fed’s Goolsbee Warns Trump’s Tariffs May Cause Stagflation in U.S.

Fed’s Goolsbee Warns Trump’s Tariffs May Cause Stagflation in U.S.

Chicago Fed President Austan Goolsbee warned that Trump’s new tariff regime could trigger a “stagflationary shock” in the U.S. economy. While current [...]
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