Trump, Indonesia and tariff
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Gov. Gretchen Whitmer is warning that President Donald Trump’s “chaotic policies” on tariffs will cost Michigan residents thousands of dollars each year.
US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch. Consumer prices rose 0.3% last month,
Andrew Wilson, Deputy Secretary-General and Global Policy Director at the ICC, joined "Forbes Newsroom" to discuss President Trump's latest tariff plan.
Russian President Vladimir Putin has sacrificed an estimated 1 million of his soldiers, killed and wounded, in a three-year campaign to crush Ukraine.
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Trump’s threats of secondary tariffs are “never going to go anywhere” as long as he is unwilling to impose costs on Moscow directly, Keir Giles, a senior fellow at the London-based Chatham House think tank, told NBC News Monday.
The flow of new tenants into the office market dropped by 23% in April, and the total square footage being sought fell 26%.
National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about tariff-related inflation. The Fed, Hassett told CNBC, has been "very, very wrong" in its assessment of a potential resurgence of price increases.
Donald Trump's threats of severe tariffs on Russia is leading the front pages of Tuesday's papers, with the US president pushing for Moscow to accept a deal to end the war within 50 days. The Financial Times says Trump has told Russia to expect 100% "secondary" tariffs if the Ukraine war does not end within the timeframe,