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World Economy Awaits Trump’s 1st Round of Tariffs
The World Economy Awaits Trump’s First Round of Tariffs
According to Tom Kloza, the global head of energy analysis at Oil Price Information Service, if fuel producers respond to the tariffs by cutting production, gasoline prices in the Midwest could climb 15 to 20 cents a gallon, with more muted effects in other parts of the country.
Trump’s potential tariffs on Canada and Mexico are a wildcard for prices and the US economy
The 25% tax that President Donald Trump plans to slap as soon as Saturday on imports from Canada and Mexico could drive up the price of everything from gasoline to pickup trucks to the guacamole dip that features so
Lutnick Says Trump Tariffs Will Restore US Economy, Respect
Howard Lutnick, President Donald Trump’s nominee to lead the Commerce Department, offered a detailed defense of tariffs in his confirmation hearing, the clearest signal yet from a cabinet pick that the new administration is prepared to impose the levies on allies and adversaries alike.
2h
on MSN
The Darkening Skies Over Europe’s Economy
Pessimism prevails on the continent as businesses turn their eyes to Trump’s America. Will this be the shock the EU needs to ...
2d
on MSN
Americans Are Changing Their Mind on the Economy
Confidence in the U.S. economy is inching upward, according to a new poll, though lingering doubts are still strong.
1d
on MSN
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...
1d
on MSN
Economy Exits 2024 on a Strong Note Amid Uncertainty Over Donald Trump’s Economic Agenda
“When households are increasingly willing to empty their wallets for non-discretionary items in recreational categories, it’s ...
8h
India economy report predicts sluggish growth, pushes for more reforms
India's economy is likely to continue its sluggish pace of growth next fiscal year weighed down by global risks, according to ...
21h
on MSN
US Economy Outstripped China in 2024 for Third Year in a Row
The US tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...
2d
Is China’s Economy Entering ‘Historical Garbage Time’? Part 1
China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time.
2d
Could a ‘nightlife manager’ help revitalize Providence’s after-dark economy?
The sector is a critical part of the city’s character, but revenue remains below pre-COVID levels and business owners say ...
9h
Sterling set for fourth monthly loss as UK economy softens
The pound headed for a fourth monthly loss on Friday, increasingly under pressure from investor concern about the outlook for ...
9h
Redefining ROI In An AI-Driven Economy: Predictions For 2025
While generative AI (GenAI) and other AI technologies have immense potential, businesses must look beyond conventional ...
19h
US economy finished the year on strong note, but faces hurdles
Growth slowed but remained resilient at the end of 2024, leaving the US economy on solid footing heading into a new year — ...
11h
What Mass Deportations Would Do to New York City’s Economy
Major industries like construction, child care and restaurants rely heavily on undocumented workers, who would be hard to ...
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