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Report of easing Trump tariff plan sends dollar tumbling
Trump mulls economic emergency declaration to back universal tariff plans, CNN reports
U.S. President-elect Donald Trump is considering declaring a national economic emergency to provide legal justification for a series of universal tariffs on allies and adversaries, CNN reported on Wednesday,
Trump denies report about changes to tariff plans
President-elect Donald Trump denied a report about his transition team developing a tariff plan that would be more restrained than his campaign proposals.
Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.
Top Fed Official Backs New Rate Cuts
Fed's Christopher Waller Supports Rate Cuts Despite Trump Tariff Concerns
Fed's Christopher Waller signaled that he supports cutting interest rates, despite high inflation and Trump's tariff concerns.
If the Fed pauses rate cuts in January, it might be because of Trump, Fed minutes show
Federal Reserve officials in December signaled concerns that President-elect Donald Trump’s policies could stoke inflation, contributing to a more cautious approach to interest rate cuts this year and even a pause this month.
Top Fed Official Backs New Rate Cuts Even if Trump Tariffs Materialize
A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated inflation and the prospect of widespread tariffs
Tariff Risk and Higher Bond Yields Lift Dollar
Dollar climbs as US bond yields continue ascent on tariff concerns
The U.S. dollar rose for a second straight session on Wednesday as U.S. bond yields continued their recent advance, following a report that President-elect Donald Trump was contemplating the use of emergency measures to allow for a new tariff program.
US Stocks Fall As Bond Yields Rise On Tariff Concerns
US stocks closed lower Tuesday as traders digested economic data which lowered the likelihood of an imminent Federal Reserve interest rate cut.
Tariff Risk and Higher Bond Yields Lift the Dollar
Wednesday rose by +0.50% after CNN reported that President-elect Trump is considering declaring a national emergency to push through his tariff plans, which could roil global trade and boost inflation pressures.
6h
Trump's tariff threat spurs auto suppliers to rethink production plans
Global auto suppliers are working out how much of their production can be moved to the United States, or closer to it, as a ...
12h
Trump's swift tariff plans could trigger legal battles
The Trump administration’s tariff plans could ignite legal battles, as questions loom for businesses and investors. Yahoo ...
2d
on MSN
Trump aides ready ‘universal’ tariff plans — with one key change
President-elect’s aides look at universal import duties, but only on certain sectors, among first big moves of presidency.
18h
on MSN
Mexico President Claudia Sheinbaum addresses fentanyl production following Trump's tariff threat
President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to ...
1d
on MSN
The Fashion Fight That Exposes the Flaw in Trump’s Tariff Logic
Yet, Trump’s boasts reveal a shallow understanding of the political fight over the McKinley tariffs. Instead of motivating an ...
21h
Trump's new tariff push adding pressure on equities as yields rise
US stock futures (ES=F, NQ=F, YM=F) and bond yields (^TYX, ^TNX, ^FVX) are under pressure, falling off from Wednesday's ...
21h
on MSN
Stock market today: Indexes slip as yields edge up and traders worry over Trump tariff plans
Trump is considering invoking his emergency powers as president in order to carry out his plan to levy steep tariffs, CNN ...
7h
on MSN
Volvo CEO says plan for Mexico truck factory on track despite US tariff threat
Sweden's Volvo Group is proceeding with its planned $700-million heavy-truck factory in Monterrey, Mexico, CEO Martin ...
9h
on MSN
Fed minutes show policymakers see immigration, tariff shifts creating inflation uncertainty
Minutes from the most recent meeting of Federal Reserve policymakers showed uncertainty about the impact of President-elect ...
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