U.S. Durable Goods Orders Surge Well Above Expectations in February
Durable goods orders rose 0.9% to $289.3 billion, according to a Commerce Department report released Wednesday. Economists had predicted a 1.0% decline, but instead, companies continued to invest heavily in large ticket items, especially in cars, computers and machines. Even excluding volatile transport due to large aircraft orders, new orders are up 0.7%, exceeding 0.3% […]
China’s retaliatory tariffs on US farm goods kick in, as trade war escalates – business live | Business
As the trade war escalates, China's retaliatory tariffs on US agricultural products begin Another front of Donald Trump's trade war opened this morning. This has led to retaliation charges for China's US imports. The tariffs announced last week aim to approximately $21 billion in agricultural imports from the United States, in response to an additional […]
Goods covered by USMCA will be exempt from tariffs for month, Howard Lutnick says
Commerce Secretary Howard Lutonic has shown that President Donald Trump is expected to delay the imposition of 25% tariffs on Canada and Mexico on all goods and services covered by the USMCA trade agreement, providing potential reprieve to the US's biggest trading partners. Lutnick told CNBC that Trump decided on Thursday the details of the […]
Trump Pauses Tariffs on Mexico and Canada Goods Covered By USMCA
President Donald Trump on Thursday suspending tariffs on Mexican and Canadian goods in compliance with the US-Mexico-Canada Agreement (USMCA), giving the two largest trading partners a reprieve. Trump signed an order that changed the tariffs he introduced earlier in the week, putting him on a 25% obligation to import from both countries. Under the revised […]
Trudeau says Canada will issue 25% tariffs on US goods following Trump’s tariffs
“Bottom Line” panelists Lee Carter and Liz Peak are giving their views to President Donald Trump, who confirms the 25% tariff. Canadian Prime Minister Justin Trudeau announced a 25% tariff on American goods in response to President Donald Trump's tariffs that will be in effect on Canadian imports late Tuesday night. Canada's retaliatory tariffs are […]
Trudeau announces 25% tariffs on US goods will take effect at midnight in response to Trump’s on Canadian products
Canadian Prime Minister Justin Trudeau announced Monday that if US leaders advance with 25% tariffs on northern products in the middle of the night, they are ready to launch a trade war with President Trump.Trudeau called America's impending actions towards Canada “unjust” and vowed not to “unanswered.” “When US tariffs come into effect tonight, Canada […]
Pound Sterling weakens against US Dollar as US Durable Goods Orders data beats estimates – FXStreet
Pound Sterling will drop to nearly 1.2640 against the US dollar after strong US durable goods order data in January. President Trump said he will soon release details of tariffs in the eurozone. Investors are awaiting the Trump Starmer Conference and US PCE inflation data. Pound Sterling (GBP) will slide to nearly 1.2640 against US […]
Crime Spree Sees Grizzlies’ Ja Morant Reportedly Lose $1 Million In Goods
An unnamed player for the Memphis Grizzlies, who was the victim of a home robbery in December 2024, has been identified and is nothing more than franchise superstar Ja Morant. Some of the group's multiple Chileans are believed to be in charge. This is the same group that targeted professional athletes and their homes all […]
62 percent say Trump not doing enough to address high costs of goods: Poll
Nearly two-thirds of Americans say President Trump isn't doing enough to cut the costs of his everyday products, according to a new poll released Thursday. in CNN pollsSRSS conducted at the end of Trump's fourth week in office, 62% of respondents say the president has “not done enough” to try to lower prices, but 27% […]
China’s Retaliatory Tariffs Take Effect on $14 Billion in U.S. Goods
China's retaliation against President Donald Trump's tariffs came into effect Monday, imposing a 10-15% tax on the range of major American goods, including liquefied natural gas (LNG), coal, agricultural equipment and automotive products. Coal and LNG were strike By the highest tax of 15%. The Chinese Communist Party government has also blacklisted American apparel companies, […]