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Trump says 25% tariff on Canada and Mexico coming Saturday
Is Saturday D-Day for Trump’s Tariffs?
Join the club. Washington is playing the waiting game as Feb. 1 nears. By our complex calculations, that’s Saturday, and it’s the date Trump has teased for when Mexico and Canada – two of America’s largest trading partners – will be slapped with 25% tariffs. (China, meanwhile, could get a 10% levy.)
Donald Trump says he might exclude oil from tariffs on Canada and Mexico
Donald Trump has said he is considering excluding oil imports from the 25 per cent tariffs he has threatened to impose on Mexico and Canada, in a sign the US president might offer exemptions for crucial industries.
Trump Aides Hunt for 11th-Hour Deal to Dial Back Canada-Mexico Tariffs
Trump reiterated Thursday that tariffs are coming, even as his advisers are considering several offramps to avoid enacting universal tariffs on Mexico and Canada, people familiar with the matter say.
Fed, Trump
Trump’s Tariffs Scramble Fed’s Interest Rate Calculus
Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for Fed officials to cut rates.
Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core prices — considered a better gauge of where inflation is headed — rose 2.8% in November from a year ago.
Opinion
Trump Can Have Lower Interest Rates Without Bullying the Fed
It’s too early to let down our guard against tariffs, but the inflation picture is looking increasingly benign.
7d
Mexico headline inflation in early January beats expectations, slides below 4%
Mexico's annual inflation rate slowed to its lowest level in almost four years in the first half of January, official data ...
38m
Mexican Peso dives as Trump tariffs comments boost US Dollar
The Mexican Peso (MXN) erased its earlier gain after US President Donald Trump stated that he would impose 25% tariffs on ...
MNI
4h
MEXICO: Deputy FinMin Amador Says Economy Not Entering Recession
Deputy Finance Minister Edgar Amador said that the economy is not entering into a recession despite the recent slowdown in ...
San Francisco Examiner
7h
Mexican economy shrinks for first time in three years
Mexico's economy suffered its first contraction in three years in the fourth quarter of 2024, official figures showed ...
2d
on MSN
Texas Gov. Greg Abbott deploys 400 additional National Guard troops to US-Mexico border
Texas Gov. Greg Abbott said the additional troops will work alongside federal border agents amid the Trump administration's ...
21h
Pressure on rupee to linger after Fed signals no hurry to cut rates
The Indian rupee is likely to stay on the defensive on Thursday, after the U.S. Federal Reserve expectedly kept interest ...
1d
Mexico's Economy Likely Shrank in Fourth Quarter: Reuters Poll
MEXICO CITY (Reuters) - Mexico's economy likely contracted from October to December, marking the first quarterly decrease in ...
RTE Online
6h
Gold hits record high on safe-haven demand amid tariff threats
Gold prices rose to hit a lifetime high today, sparked by safe-haven demand due to US tariff threats, while the focus was ...
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