“For 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 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.
Americans, with a buoyancy unseen in years, are exhibiting a rekindled confidence in the trajectory of the U.S. economy.
The post Breitbart Business Digest: America’s Economic Mood Soars as Confidence in the Future Returns appeared first on Breitbart.
We got some powerful support this week for our argument that President Trump is not demanding that the Federal Reserve cut interest rates.
The post Breitbart Business Digest: Scott Bessent Explains Trump’s Interest Rate Policy appeared first on Breitbart.
Donald Trump won the debate on tariffs within the Republican Party and has greatly increased support for tariffs among all Americans.
The post Breitbart Business Digest: Republicans Overwhelmingly Support the Mexico and Canada Tariffs appeared first on Breitbart.
White House press secretary Karoline Leavitt announced that a 25 percent tariff will be levied on goods from Mexico and Canada, while Chinese imports will face a 10 percent duty.
The post Trump Moving Forward With Tariffs on China, Canada and Mexico, Targeting Trade, Border and Fentanyl Concerns appeared first on Breitbart.
Business optimism and consumer sentiment surged after the election, likely giving a boost to fourth quarter GDP.
The post U.S. Economy Ends 2024 on Solid Footing, Driven by Consumer Strength appeared first on Breitbart.
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.
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.
Investors who have convinced themselves—or been convinced by wealthy hedge fund managers talking their books—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.
“With 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 ‘Demand’ Rate Cuts, Aligning His Views With Federal Reserve appeared first on Breitbart.
"Last week he announced that we are going to return America to greatness by creating—today is its birthday—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.
America may be just about done with Joe Biden, but the malevolent economic legacy of his presidency is not done with us.
The post Breitbart Business Digest: Bidenflation’s Ghost Will Keep Haunting the American Economy appeared first on Breitbart.
"Trump was the first president in modern times to recognize the need to change our trade policy and stand up for American workers," Besset will say.
The post Bessent To Call For Tax Relief For Manufacturers, Service Workers, And Seniors appeared first on Breitbart.
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.
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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