A 25% copper tariff will handicap multiple U.S. industries. Rising production costs will hit large-, medium- and small-scale ...

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. (Xinhua/Hu Yousong) Many ...

The U.S. Federal Reserve cut its growth predictions and increased inflation outlook in its latest quarterly summary of economic projections released Wednesday, reflecting its concern over the possible ...

President Trump has introduced a range of new tariffs in his bid to stop foreign powers exploiting the United States.

Photo taken with a mobile phone on Feb. 10, 2025 shows a customer shopping for eggs at a Costco store in Azusa, Los Angeles ...

GROWING CONCERNS ABOUT TARIFF FALLOUT As the tariff turmoil escalates and the risks of inflation rise once again, economists ...

This photo taken on May 22, 2024 shows the White House in Washington, D.C., the United States. (Xinhua/Liu Jie) Many analysts warn that U.S. tariffs on steel ...

Speaking to Newsweek Gary Clyde Hufbauer, a trade expert and nonresident senior fellow at the Peterson Institute for International Economics, said states bordering Canada or Mexico are likely to ...

These developments, along with Trump's recent "on-and-off" tariff policies toward Mexico and Canada, are the latest in a series of tariff measures announced by Trump under his so-called "Fair and ...

Gary Clyde Hufbauer, a nonresident senior fellow at the Peterson Institute for International Economics, told Xinhua that "reciprocity" meant overall balance, in terms of concessions given and ...