While Trump Has His Eye on Gasoline, Diesel Price Is Sneaking Up
As national average gasoline pump prices climb to near $3 a gallon for the first time since late 2014, the President Donald Trump made it known that he won’t stand for OPEC’s cartel tricks. Bad news, Mr. President: Diesel prices are there.
Global Finance Chiefs Told Trade Tensions Are Hitting Confidence
Trade tensions between the United States and China risk eroding business and investor confidence, even as global growth enjoys its best upswing in years.
Fed Economists Say Tariffs More Likely to Kill Than Create Jobs
U.S. President Donald Trump may hope his tariffs on imported steel and aluminum will create new jobs, or at least protect existing ones. Researchers at the Federal Reserve Bank of New York said the opposite outcome was more likely.
Everybody Loses in Trade War, Canadian Chamber of Commerce President Says
President Donald Trump has tweeted “trade wars are good, and easy to win. Don’t believe it, the president of the Canadian Chamber of Commerce told Tampa business and political leaders April 18.
Trucking Industry Leaders Join Trump to Tout Tax Reform
A trucking executive and truck driver joined President Donald Trump at the podium during an April 12 White House Rose Garden event held to discuss the effects the tax reform law passed by Congress in December had on businesses.
Stock Selloff Deepens Amid Trump Trade Jabs
The selloff in U.S. stocks deepened April 6 as the White House’s latest trade bluster rattled global financial markets.
Treasury Secretary Steven Mnuchin Says There’s ‘Level of Risk’ of US-China Trade War
Treasury Secretary Steven Mnuchin said there is “a level of risk” that the tariff dispute between the United States and China will erupt into a full-scale trade war, though he’s “cautiously optimistic” that the world’s two largest economies will resolve differences through negotiations.
Trump Says He’ll Take ‘Very Serious Look’ at Amazon’s Business
President Donald Trump said he will take a “very serious look” at Amazon and what he said is an “uneven playing field” the retailer enjoys against competitors.
China Vows to Fight Trump Tariffs ‘to the End’ as Tension Rises
President Donald Trump said the current trade spat with China may hurt the markets in the short term but that America will emerge stronger from it, as a confrontation that has roiled global equities heats up between the world’s largest economies.
Republicans Warn Trump a Trade War Risks Party’s Chances in November
Republicans are warning President Donald Trump that a trade war with China would deal an economic blow to politically important areas of the country that will cost the party in November’s congressional elections.