President Donald Trump has hinted at a possible reversal of course in his trade war with China, stating that high tariffs on Chinese imports will “come down substantially, but it won’t be zero.” These remarks seemingly prompted markets to spike on Wednesday.
Read More Trump: Tariffs On China Will ‘Come Down Substantially… We Are Going To Have A Fair Deal’
On Tuesday, White House Press Secretary Karoline Leavitt threw shade at former House Speaker Nancy Pelosi, highlighting previous comments that the liberal former Congresswoman has made about tariffs.
Read More Press Secy. Leavitt Hits Back At Pelosi Over Resurfaced 1996 Video Amid China Tariff Debate
As the tariff war continues President Donald Trump threatened to slap China Monday with an additional 50% tariff if the country doesn’t lower its 34% retaliatory tariff on the U.S. by Tuesday.
Read More Trump Warns Of Additional 50% Tariff If China Maintains Retaliatory Measures
President-elect Donald Trump has announced that he will create an external revenue office that will collect all foreign-sourced revenue.
Read More Trump Says He Will Create ‘External Revenue Service’ To Collect Revenue From Foreign Sources
The chair of NATO’s military committee called on business leaders around the globe to prepare for a potential “wartime scenario,” urging them to reconfigure their production lines so as to not solely rely on China or Russia for logistical or production needs.
Read More NATO Military Head Urges Business Leaders To Prepare For Potential ‘Wartime Scenario,’ Urges Extra Ukraine Support
Import prices dropped by the most in eight months in August, suggesting that domestic inflation will continue to subside in the months ahead.
Read More US import prices post largest drop in eight months