WASHINGTON — A bipartisan measure that sought to undo the sweeping tariffs that President Donald Trump imposed on most countries earlier this month failed in the GOP-led Senate on Wednesday.
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President Trump’s tariffs have roiled financial markets and upended global trading patterns. Now they are disrupting measures of economic growth as well. U.S. gross domestic product, adjusted for inflation, declined
After Trump’s tariffs, why does the UK continue trading with the US?published at 12:16 British Summer Time 12:16 BST Dharshini DavidDeputy economics editor Throughout today, our correspondents here in the
Top executives at well-known US firms are warning about the impact that tariffs are having on their companies and the wider economy. Technology giant Intel, footwear maker Skechers and consumer
Germany’s economy will not grow for the third year in a row, the government said on Thursday, scaling back a previous prediction as President Trump’s tariffs bite into Europe’s largest
Chipotle Mexican Grill logo is seen in Manhattan, New York, United States of America, on July 6th, 2024. Beata Zawrzel | Getty Images Chipotle Mexican Grill will open its first
U.S. Treasury yields rose on Thursday as investors weighed the state of the U.S. economy after Federal Reserve Chairman Jerome Powell raised concerns about the inflationary and economic growth risks
Temu and Shein are cutting back their spending on US social media advertising as they lose an exemption on tariffs for many of their shipments from China and Hong Kong.
Federal Reserve Chair Jerome Powell expressed concern in a speech Wednesday that the central bank could find itself in a dilemma between controlling inflation and supporting economic growth. With uncertainty
Washington CNN — Spending at US retailers skyrocketed last month at the strongest monthly pace in more than two years as Americans rushed to beat President Donald Trump’s massive tariff
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