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US imposes new global tariffs on 60 trading partners over forced labor
The US imposed 10% and 12.5% tariffs on goods from 60 trading partners, citing failure to curb forced labor imports, sparking global protests.
US imposes new 50% tariffs on 20 billion in Canadian imports
The US imposes 50% tariffs on nearly 20 billion worth of canadian imports citing discriminatory trade practices, escalating tensions in north American trade relations.
Tariff refunds push US June budget deficit to 120 billion
The U.S. Treasury reports tariff refunds contributed to a $120 billion federal budget deficit in June, reversing a prior surplus.
U.S. consumer sentiment improves as gasoline prices ease
U.S. consumer sentiment rose in early June as gasoline prices dropped from four-year highs, easing cost-of-living pressures despite inflation concerns.
US consumer inflation rises above 4% amid Iran conflict energy surge
U.S. consumer inflation rose 4.2% in May, driven by energy price spikes linked to the Iran conflict, pressuring households and influencing Fed policy.
Rising exports narrow US goods trade deficit in April
The US goods trade deficit narrowed in april as exports rose 4%, driven by capital goods and energy shipments amid ongoing middle east tensions.
US consumer confidence dips in May amid inflation and labor worries
U.S. consumer confidence eased in May due to inflation concerns linked to the Iran war and pessimism about the labor market, according to the Conference Board.
US producer prices surge 1.4% in April amid rising energy costs
U.S. producer prices surged 1.4% in April, marking the biggest rise in four years and signaling accelerating inflation pressures amid geopolitical tensions.
Trump signs orders to boost beef imports and herd size amid record prices
President Donald Trump signs executive orders to increase beef imports and support cattle herd growth to address rising beef prices in the U.S.
US Customs to launch tariff refund system for $166 billion on April 20
U.S. Customs and Border Protection will launch the CAPE system to refund $166 billion in tariffs struck down by the Supreme Court, starting April 20.
US consumer inflation spikes in March on record gasoline price surge
U.S. consumer inflation surged in March driven by a record jump in gasoline prices amid the Iran war, challenging economic stability and policy outlook.
Wall Street ends mostly lower as Middle East conflict weighs on markets
Wall Street indexes closed mostly lower as investors reacted to escalating Middle East conflict and mixed signals from the U.S. administration on Iran.
