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Trump focused on trade in 2025
It’s been a roller coaster of a year for U.S. trade policy. President Donald Trump launched a barrage of new tariffs in 2025, plunging the U.S. into trade wars with nearly every country in the […]
tariffs
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Retail sales unchanged in October, hurt in part by auto sales decline
NEW YORK — Sales at U.S. retailers and restaurants were unchanged in October from September as consumers moderated their spending amid worries about higher prices and other economic uncertainties after splurging over the summer. But […]
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Trump scraps tariffs on some foods in push to lower grocery prices
WASHINGTON, D.C. — President Donald Trump announced Friday that he was scrapping U.S. tariffs on beef, coffee, tropical fruits and a broad swath of other commodities — a dramatic move that comes amid mounting pressure […]
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US coffee prices spike amid tariffs, poor weather
It’s getting more expensive for Americans to get their caffeine fix. The average U.S. price of a pound of ground coffee hit $9.14 in September, a 3% increase from the August average of $8.87 and […]
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US automakers say Trump-Japan tariff deal puts them at disadvantage
WASHINGTON, D.C. — U.S. automakers worry that President Donald Trump’s agreement to tariff Japanese vehicles at 15% would put them at a competitive disadvantage, saying they will face steeper import taxes on steel, aluminum and […]
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Beef prices hit record highs as supply stays tight, demand stays strong
OMAHA, Neb. — Anyone firing up the grill this summer knows hamburger patties and steaks are expensive, but the latest numbers show prices have climbed to record highs. And experts say consumers shouldn’t expect much […]
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US labor market surprises with 147K new jobs last month
WASHINGTON, D.C. — The U.S. labor market delivered another upside surprise last month, churning out a surprisingly strong 147,000 jobs. The unemployment rate ticked down unexpectedly, too. But the headline numbers masked some weaknesses as […]
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US inflation gauge cools with little sign of tariff impact, so far
WASHINGTON, D.C. — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices. Spending by Americans slowed despite rising incomes, potentially an early reaction to […]
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Apple has little incentive to make iPhones in US
SAN FRANCISCO — Lashing out at Apple’s plans to make most of its U.S. iPhones in India, President Donald Trump last Friday threatened to slap a 25% tariff on the popular device unless the tech […]
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April business travel to US down
Business travel to the U.S. fell 9% in April as companies and workers grappled with economic uncertainty and anger over the Trump administration’s tariffs and border policies. The National Travel and Tourism Office released preliminary […]