Toy prices could jump 50% following Trump’s tariffs on China, Vietnam
Toy prices could spike exponentially after President Donald Trump levied massive tariffs against China and Vietnam.
U.S. payrolls rise by 228,000 in March, but unemployment rate increases to 4.2%
Nonfarm payrolls were expected to grow by 140,000 in March while the unemployment rate held steady at 4.1%.
China to impose 34% retaliatory tariff on all goods imported from the U.S.
Beijing's measures come in the wake of duties imposed by U.S. President Donald Trump's administration earlier this week.
El-Erian says U.S. recession risks are now ‘uncomfortably high’
"If the U.S. slows down, the rest of the world will slow down more," the veteran economist warned.
U.S. tariff rates under Trump will be higher than the Smoot-Hawley levels from Great Depression era
Evercore ISI strategist Sarah Bianchi said the new policies put the effective tariff rate above the level of around 20% set by 1930's Smoot-Hawley Tariff...
Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says
Grocery bills will likely rise as shoppers pay more household staples because of the Trump administration's new tariffs.
The Federal Reserve is not likely to rescue markets and economy from tariff turmoil anytime soon
Should the president hold fast to his tougher-than-expected trade policy, there's a material risk of at least near-term costs.
Reciprocal Tariffs Actually Make Wealthy Americans Even Richer
Reciprocal tariffs will drive up the cost of most goods, making everyday life more expensive for American households. According to Fitch Ratings, the U.S. tariff...
Southwest’s bag fees and other changes could backfire, Fitch warns
The ratings agency put the airline on "negative" outlook, saying the company could become less financially conservative.