The dollar held steady on Tuesday, trading near a three-year low against the euro and a six-month trough against the yen, as investors trying to make sense of the constant changes to President Donald Trump’stariffs remained wary of US assets.
Vietnam will buy more US goods including security and defence products, the government said, as it seeks a last-minute delay to enormous tariffs imposed by Washington.
More than 50 countries have sought talks with President Donald Trump in a scramble to ease punishing tariffs on exports to the United States, the White House said Sunday, as trade partners braced for fallout.
Reading the latest US inflation report is like flicking through old vacation photos: it looks nice, but the experience was only temporary.
The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump’s economic policies, which include spending cuts and sweeping tariffs.
US Commerce Secretary Howard Lutnick says a recession would be “worth it” to get President Donald Trump’s economic policies in place, while Treasury Secretary Scott Bessent has spoken of a coming period of “detox” and Trump himself says the economy is in “transition.”
President Donald Trump’s increased tariffs on all US steel and aluminum imports took effect on Wednesday, stepping up a campaign to reorder global trade in favor of the US and drawing swift retaliation from Europe.
The annual winter address to Congress is usually a US president’s chance to urge legislators to pass his agenda. Donald Trump, appearing before lawmakers on Tuesday for the first time since returning to the White House, instead explained how he planned to ignore lawmaking in favor of executive action.
The dollar held steady on Tuesday, trading near a three-year low against the euro and a six-month trough against the yen, as investors trying to make sense of the constant changes to President Donald Trump’stariffs remained wary of US assets.
Vietnam will buy more US goods including security and defence products, the government said, as it seeks a last-minute delay to enormous tariffs imposed by Washington.
More than 50 countries have sought talks with President Donald Trump in a scramble to ease punishing tariffs on exports to the United States, the White House said Sunday, as trade partners braced for fallout.
The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump’s economic policies, which include spending cuts and sweeping tariffs.
Reading the latest US inflation report is like flicking through old vacation photos: it looks nice, but the experience was only temporary.
US Commerce Secretary Howard Lutnick says a recession would be “worth it” to get President Donald Trump’s economic policies in place, while Treasury Secretary Scott Bessent has spoken of a coming period of “detox” and Trump himself says the economy is in “transition.”
President Donald Trump’s increased tariffs on all US steel and aluminum imports took effect on Wednesday, stepping up a campaign to reorder global trade in favor of the US and drawing swift retaliation from Europe.
US President Donald Trump will exempt automakers from his punishing 25 percent tariffs on Canada and Mexico for one month as long as they comply with existing free trade rules, the White House said on Wednesday, a development that halted at least for now Wall Street’s steepest skid in nearly three months.
The annual winter address to Congress is usually a US president’s chance to urge legislators to pass his agenda. Donald Trump, appearing before lawmakers on Tuesday for the first time since returning to the White House, instead explained how he planned to ignore lawmaking in favor of executive action.
Taiwanese chip-making giant TSMC will invest at least $100 billion in the United States to build “cutting edge” manufacturing facilities, President Donald Trump said on Monday, announcing the latest blockbuster financial pledge by a private company since his return to office.
