A potential US tariff of 25 per cent on goods from Europe is not arbitrary, punitive, or merely a negotiating tactic. It ...

US President Donald Trump on Wednesday announced plans to impose 25-percent auto tariffs, with the measures set to take ...

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025 ...

It is a long-standing problem. As Gary Clyde Hufbauer of the Peterson Institute for International Economics has pointed out, after European countries adopted VAT in the 1960s, US firms argued that ...

"This is a major blow to the auto industry. Ford and GM shares are down sharply," Gary Clyde Hufbauer, a non-resident senior fellow at the Peterson Institute for International Economics ...

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

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 ...

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

The Fed "reluctantly accepts" that inflation will not fall to the Fed's mandated 2 percent "on its own accord," said Gary Clyde Hufbauer, a nonresident senior fellow at the Peterson Institute for ...