EU retaliatory tariffs against US delayed to mid-April
American distilleries are warning consumers of the economic domino effect as other countries are beginning to place retaliatory tariffs on the US beverage industry. The European Union (EU) delayed the imposition of its first retaliatory tariffs on the United States until mid-April. President Donald Trump Earlier this month it threatened a 25% tariff increase on […]
Fed keeps rates unchanged as Trump tariffs, economic concerns loom
The Federal Reserve stabilized interbank lending rates in the 4.25-4.5% range on Wednesday despite indications that the economy may be heading for a slowdown. The decision to keep the fees where they were was in line with market expectations. The CME FedWatch prediction algorithm based on futures contract prices will stabilize the Fed with a […]
Powell: Trump tariffs will 'delay' progress against inflation
Federal Reserve Chairman Jerome Powell warned Wednesday that President Trump's new tariffs would likely make it difficult for central banks to lower prices. Powell did not mention the president by name, but he told reporters Tuesday that the Fed supports import taxes to prevent the fight against inflation. “I think once tariff inflation arrives, further […]
Canada’s Liberals Ride End of Trudeau, Trump Tariffs to Top of the Polls
Many referendums announced this week found Canada's left-wing liberals to be modest, or effectively tied up, with the Conservatives. Their best votes following this week's resignation of unpopular Prime Minister Justin Trudeau and the resignation of a chaotic political situation exacerbated by the threats President Donald Trump has repeatedly threatened the country. Canada is planning […]
Trump tariffs creating ‘high uncertainty’, Bank of Japan warns; Musk’s X ‘valued at $44bn again’ – business live | Business
Details of the 95 Santander branches to be closed are as follows (see previous post) Abadare 17 Victoria Square, Abadare, Mid Glamorgan, CF44 7LH June 24, 2025 Arbroth 167 High Street, Arbroath, Angus, DD11 1ddy June 17, 2025 Armor 19 Upper English Street Armor, County Armor, BT61 7HG 01 July 1, 2025 Blackwood 148 High […]
Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook – CNBC
On May 30, 2024, the Japanese flag collided at the Bank of Japan headquarters in Tokyo. Kazuhironogi | AFP | Getty Images Japan's central bank on Wednesday stabilized its main policy rate of 0.5% in a unanimous vote as export-dependent countries assess the potential impact of US President Donald Trump's protectionist trade policy on the […]
Voters boo Nebraska Republican over Musk, Ukraine, Trump tariffs during raucous town hall
Rep. Mike Flood (R-NEB.) City Hall booed and shouted lawmakers throughout the event, including Elon Musk, Trump's tariffs and White House's stance on Ukraine on Tuesday night, asking questions about the White House's stance on Ukraine. The flood, representing Nebraska's first council district, hosted the City Hall in Columbus, Nebraska. House GOP leaders advise against […]
Maria Bartiromo: Tariffs will be disruptive
FOX Business host Maria Bartiromo discusses President Donald Trump’s remarks about the U.S. economy entering a ‘period of … source
Bessent reveals how Trump will decide reciprocal tariffs
President Trump's mutual tariffs could well go beyond matching import taxes imposed on US goods by other countries, the Treasury Department Scott Bescent said Tuesday. In an interview, Bescent said the Trump administration will consider policies such as currency manipulation, industrial subsidies and working conditions when calculating the country's new tariff rates. “We're going to […]
Trump tariffs lead Canadian business to offer presidential portrait-smashing
Canadians are angry at President Donald Trump's tariffs. I now have an outlet for anger. The “Rare Room” business offers the ability to “break” American leaders. of seeds. Rage Room: Halifax at Nova Scotian Capital announced on its website, “I understand that there may be a bit of anger you want to let go until […]