More new car buyers resorted to 84-month loan financing terms
Some Americans are rushing to dealers to get ahead of the car toll kickoff. Jeff from Fox Business flocks more. More car buyers used seven-year loans to fund new vehicles in the first quarter. Recently released reports. Edmunds said last week that he discovered 84 months of loans in the first three months of 2025 […]
China is hiking tariffs on US imports from 34% to 84%
Treasury Secretary Scott Bessent is responding to China, which imposes a tariff of 84% on US goods, and a potential backup plan for a company that appears to be “closing” in light of the Chinese economy and tariffs. China is currently increasing tariffs on US imports from 34% to 84% in response to President Donald […]
European Union hitting US imports with retaliatory tariffs
“Outnumbered” discusses that European Commission President Ursula von Der Leyen will provide the US with “zero-zero” tariffs on industrial products as the market responds to President Donald Trump's global trade policy. On Wednesday, the European Union announced its approval of retaliatory tariffs on $23 billion in US goods as a “measure” against the president. Donald […]
Scott Bessent issues a warning to China over currency moves
Treasury Secretary Scott Bessent has responded to China's 84% tariffs on US goods, the state of the Chinese economy, and the potential backup plans for corporate America are closed in light of tariffs. Treasury Secretary Scott Bescent said Wednesday that there was no systemic problem in the bond market in his interpretation in the sector, […]
Treasury Sec Bessent says Trump admin focusing on Main Street
Treasury Secretary Scott Becent gave a keynote address to the American Bankers Association, saying the Trump administration is focusing on Main Street rather than Wall Street to restore American dreams. Treasury Secretary Scott Bescent said despite the success of Wall Street in recent years. Trump administration I think Main Street is the turn to lead […]
Walmart, Delta Air Lines face tariff challenges
Larry Kudlow of Fox Business Host discusses the White House's changing strategy for tariff negotiations on “Kudlow.” Walmart pulled out operating profit guidance in the first quarter, but Delta cut its growth plans amid escalation in President Donald Trump's trade war. As the largest private employer in the United States and the dominant force in […]
Kimbal Musk, brother of Elon Musk, publicly blasts Trump’s tariffs
Art Laffer, a former economic advisor to Reagan, discusses President Donald Trump's claim that the United States has been “twound” by other countries of “Varney & Co.” Elon Musk's brother Kimbal Musk blows up President Donald Trump's new tariff policy in a post in X this week, calling the measure “a permanent tax on American […]
Billionaire hedge fund manager calls for US trade deal with China
Americans in the automotive industry in Warren, Michigan, a suburb of Detroit, are pondering President Trump's new tariff policy as he tackles domestic manufacturing. Bridgewater Associates founder Ray Dalio called on the two superpowers to sign a deal with the US as they escalate retaliatory tariffs on each other, sending global stocks into uncertainty. In […]
China tariff surcharges are showing up on American consumers’ receipts
O'Leary Ventures Chairman Kevin O'Leary explains how the US can fix trade and economic problems with China “once once” in “Editing the Evening.” American consumers are noticing a new line of shopping receipts: tariff surcharges. Even if President Donald Trump suspends 90 days on tariffs, businesses and customers are feeling the impact of importing products, […]
Consumer sentiment plunges on recession fears, tariff uncertainty
Hilary Kramer, manager of Greentech Research Investment Analyst and Portfolio, discusses how investors can navigate the market during the tariff turbulence to “make money.” In April, consumer sentiment fell sharply in April as 12 months of inflation expectations surged to the highest level among the 1981 president. Donald Trump's The escalation of the trade war. […]