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Trump Expands Reciprocal Tariff Policy to Include VATs, Non-Tariff Barriers

17 February 2025 at 14:05

β€œFor purposes of this United States Policy, we will consider Countries that use the VAT System, which is far more punitive than a Tariff, to be similar to that of a Tariff,” Trump wrote.

The post Trump Expands Reciprocal Tariff Policy to Include VATs, Non-Tariff Barriers appeared first on Breitbart.

Inflation Surges: Consumer Prices Up 3% In January, Crushing Chances of Rate Cuts

12 February 2025 at 07:41

Inflation in the United States surged higher in January. The Department of Labor said Wednesday that the consumer price index (CPI) rose 0.5 percent in January from the prior month, much more than expected. Compared with a year ago, consumer

The post Inflation Surges: Consumer Prices Up 3% In January, Crushing Chances of Rate Cuts appeared first on Breitbart.

Breitbart Business Digest: Powell Plays Nice with Trump

29 January 2025 at 19:45

Jerome Powell did a fine job at his press conference Wednesday of staying out of the way of politics despite being peppered with questions from reporters practically begging him to weigh in against President Donald Trump's policies.

The post Breitbart Business Digest: Powell Plays Nice with Trump appeared first on Breitbart.

Manufacturing Rebounds as Optimism Soars on Trump Administration Policies

24 January 2025 at 14:59

The latest S&P Global Flash U.S. Manufacturing PMI rose to 50.1 in January, inching above the threshold that separates expansion from contraction. This marks a significant turnaround for an industry battered by months of declining demand and production setbacks.

The post Manufacturing Rebounds as Optimism Soars on Trump Administration Policies appeared first on Breitbart.

Breitbart Business Digest: The Trump Administration Is Not Going to Release Fannie and Freddie

23 January 2025 at 19:30

Investors who have convinced themselvesβ€”or been convinced by wealthy hedge fund managers talking their booksβ€”that the Trump administration is determined to release Fannie Mae and Freddie Mac from the government control are likely in for a painful surprise.

The post Breitbart Business Digest: The Trump Administration Is Not Going to Release Fannie and Freddie appeared first on Breitbart.

Trump Says He Will 'Demand' Rate Cuts, Aligning His Views With Federal Reserve

23 January 2025 at 12:35

β€œWith oil prices going down, I’ll demand that interest rates drop immediately, and likewise they should be dropping all over the world,” Trump, speaking via video from the U.S., told the audience of global leaders and business elites gathered in the Swiss alpine town.

The post Trump Says He Will β€˜Demand’ Rate Cuts, Aligning His Views With Federal Reserve appeared first on Breitbart.

Lutnick Announces The Birth of The External Revenue Service

20 January 2025 at 15:45

"Last week he announced that we are going to return America to greatness by creatingβ€”today is its birthdayβ€”the External Revenue Service," Lutnick said at a rally in Washington after President Trump was sworn into office.

The post Lutnick Announces The Birth of The External Revenue Service appeared first on Breitbart.

Biden's Parting Gift: Inflation Accelerated In December

15 January 2025 at 12:17

U.S. consumer prices climbed at a faster rate in December, capping off the inflation-plagued Biden administration’s final year and suggesting that the Federal Reserve’s efforts to bring down inflation may have run out of steam. The Consumer Price Index increased

The post Biden’s Parting Gift: Inflation Accelerated In December appeared first on Breitbart.

U.S. Jobs Market Strengthens For Third Straight Month, Conference Board Says

13 January 2025 at 13:00

The U.S. labor market is likely remain strong in the months ahead, signaling that the softness in the labor market seen in the middle of last year was transitory, according to monthly gauge of employment trends The Conference Board’s employment

The post U.S. Jobs Market Strengthens For Third Straight Month, Conference Board Says appeared first on Breitbart.

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