- U.S. tariff rates under Trump will be higher than the Smoot-Hawley levels from Great Depression eraon April 3, 2025 at 9:33 pm
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 Act.
- The Federal Reserve is not likely to rescue markets and economy from tariff turmoil anytime soonon April 3, 2025 at 7:40 pm
Should the president hold fast to his tougher-than-expected trade policy, there's a material risk of at least near-term costs.
- How did the U.S. arrive at its tariff figures?on April 3, 2025 at 5:14 pm
The White House on Wednesday listed new tariff rates for different countries. It didn't take long for market observers to try to reverse engineer the formula.
- Layoff announcements surge to the most since the pandemic as Musk's DOGE slices federal labor forceon April 3, 2025 at 2:06 pm
The surge in March was exceeded only by when the country shut down in 2020 for the Covid pandemic,
- Trump's tariffs are expected to raise consumer prices, but a key question remains: By how much?on April 3, 2025 at 1:53 pm
As the U.S. president weighs increasing tariffs on imports, economists find that prices across many categories could rise as a result.
- Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession riskson April 3, 2025 at 1:47 pm
A broad, negative impact will be felt in the economy when the new trade moves are enacted, the Goldman economic team believes.
- Trump will 'buckle under pressure' if Europe bands together over tariffs, German economy minister sayson April 3, 2025 at 11:08 am
U.S. President Donald Trump could change his trade policies if he comes under pressure from trading partners, German economy minister Robert Habeck suggested.
- European Union vows countermeasures to Trump tariffs if talks fail, von der Leyen sayson April 3, 2025 at 10:39 am
The EC president said that Trump's move was a "major blow" to the world economy.
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