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Markets are shrugging off Trump's tariffs. Experts explain why.
President Donald Trump in recent days slapped tariffs as high as 50% on dozens of countries, restoring the type of aggressive trade policy that sent stocks plummeting a few months ago. The new round of levies prompted little more than a shrug on Wall Street.
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Whitmer calls Trump tariff policies ‘chaotic,’ warns of economic harm
Gov. Gretchen Whitmer is warning that President Donald Trump’s “chaotic policies” on tariffs will cost Michigan residents thousands of dollars each year.
Minnesota cannabis business owner sees costs rise as Trump threatens copper tariffs
The Trump administration on Tuesday celebrated a new trade deal with Indonesia, which is one of the world's largest producers of copper. He's threatened a 50% tariff on copper imports starting next month. For cannabis business owner Steven Brown, who founded Nothing But Hemp, he's already seen his costs rise.
Inflation surged in June amid tariffs as Trump declared 'inflation is dead'
Egg prices cooled significantly in June, deviating from an overall rise in prices. The price of eggs climbed 27% over the year ending in June, which marked a slowdown from 41% year-over-year growth in May. Under Trump, inflation has defied doomsday predictions and helped to propel sturdy economic performance.
How Trump's tariffs are hurting the office recovery
The flow of new tenants into the office market dropped by 23% in April, and the total square footage being sought fell 26%.
President Trump announces new tariffs, including 17% tariff on fresh Mexican tomatoes
The move comes amid a separate push by President Trump to increase tariffs on dozens of U.S. trading partners, including Mexico, which was told over the weekend to expect 30% tariffs starting in August.
Inflation report to arrive as Trump, Fed disagree over tariff risks
National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about tariff-related inflation. The Fed, Hassett told CNBC, has been "very, very wrong" in its assessment of a potential resurgence of price increases.
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