fox-business/politics/trade-war/tariffs
Americans face soaring coffee costs due to tariffs and production issues
Former Trump senior economic advisor Steve Moore discusses the Federal Reserve’s role in the U.S. economy, the president’s tariffs and more on ‘The Bottom Line.’ Americans are paying more for their coffee as prices for the caffeinated commodity are near record levels due to global production headwinds and higher costs from imported coffee exposed to […]
Trump senior counselor says new tariffs designed to end China’s grip on US supply chains
White House Counselor for Trade and Manufacturing Peter Navarro told ‘Mornings with Maria’ that President Donald Trump’s tariffs will cut U.S. reliance on China, rebuild supply chains and protect national security through tough trade policy. President Donald Trump is taking further aim at America’s reliance on foreign partners, which his senior counselor on trade claims […]
August PCE: Fed’s favored inflation gauge shows consumer prices remain elevated
Former J.P. Morgan Chase chief economist Anthony Chan discusses Treasury Secretary Scott Bessents prediction of a sharp drop in inflation on Varney & Co. The Federal Reserve’s preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening labor market following last […]
Trump announces new tariffs on pharmaceuticals, trucks starting Oct. 1
President Donald Trump addresses the federal appeals court ruling against his tariffs during a press conference. President Donald Trump announced his newest round of tariffs set to take effect on Oct. 1 in a series of Truth Social posts Thursday evening. The tariffs will target pharmaceuticals, home goods and heavy trucks, and Trump said he […]