US producer inflation muted in March before import tariffs blast

US producer prices notched their first monthly decline in nearly 1-1/2 years in March as gasoline prices plunged, but tariffs on imported goods are expected to significantly boost inflation in...

US President Trump admits trade war 'cost' as markets hit

 Jitters about US tariffs hammered Asian stocks again early on Friday as President Donald Trump acknowledged a 'cost' to his surging trade offensive against superpower rival China.The US leader said...

EU pauses countermeasures after Trump’s tariff reprieve

The European Union will pause its first countermeasures against US tariffs after President Donald Trump temporarily lowered the hefty duties less than a day after imposing them on dozens of...

Protests everywhere

Whisper it, but UK is ready for Trump’s new world order

At times like these, any port in a storm will do. In the modelling and role-playing currently underway around the globe, the UK suffers in Donald Trump’s trade war, like...

Republicans are going public with their worries about tariffs

Manufacturers struggling to make long-term plans. Farmers facing retaliation from Chinese buyers. US households burdened with higher prices. Republican senators are confronting the Trump administration with those worries and many...

Tariff bleach

Trump says 90-day 'pause' on reciprocal tariffs for all but China

President Donald Trump announced a 90 day pause on his sweeping tariffs Wednesday, giving all countries a 10 percent baseline except China, which will see even higher levies.'Based on the...

Trade war escalates as China, EU slap US with retaliatory tariffs

China and the European Union (EU) announced new trade barriers on US goods on Wednesday in response to steep duties imposed by US President Donald Trump, escalating a...

Trump’s threats and tariffs are a global ‘kill switch’

Sometimes, a small incident reveals larger truths about our world. Consider reports that some North Atlantic Treaty Organization allies are rethinking plans to buy American-made F-35 fighters. This story isn’t...