An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. The latest inflation figures arrive as President Donald Trump has threatened to impose big import taxes on goods from Canada and Mexico,
Inflation was a driving force behind Donald Trump’s election, but he’s put the issue on the back burner during his first week in office.
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.
President Donald Trump blasted Fed Chair Jerome Powell and the nation's central bank Thursday, blaming their actions for inflation and vowing to unleash American energy production to bring it down
Americans didn’t elect Trump to flout the Constitution by: — Firing inspectors general who detect and prevent fraud, waste, abuse and mismanagement of government programs. — Declaring an end to birthright citizenship, guaranteed by the 14th Amendment.
U.S. stocks ended lower on Friday, with indexes losing ground after the White House said U.S. President Donald Trump will implement on Saturday tariffs of 25% on Canadian and Mexican imports and 10% on Chinese goods.
Trump will impose 25% tariffs on imports from Canada and Mexico and 10% on goods from China, following a pledge he made after winning the White House.
Investors are bracing for a looming hit to U.S. corporate profits and pressure on inflation if President Donald Trump makes good on his tariff threats, with markets seen as not fully factoring in risks from higher levies on foreign imports.
Live updates as Trump threatens tariffs on China, Mexico, Canada and BRICS countries. Follow the latest news on Cabinet picks Tulsi Gabbard, Robert F. Kennedy Jr. and Kash Patel.
President Donald Trump on Wednesday revealed his long awaited plan to battle inflation and cut prices for consumers now that he has returned to the White House equipped with a Republican-controlled Congress.