Trump, Federal Reserve and Powell
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April 9: Trump's higher "reciprocal tariffs" begin just after midnight. Hours later, the president says he is issuing a 90-day pause on those duties, except for China. Trump raises tariffs on Chinese goods from 104% to 145%, the highest rate so far this year.
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Money Talks News on MSNWalmart Announces Price Increases Due to Trump Tariffs
Walmart announces coming price increases due to tariff pressure while maintaining annual sales forecast. Executives cite narrow retail margins and inability to absorb additional costs as reasons for the upcoming changes.
President Donald Trump on Wednesday levied a 50% tariff against Brazil, which produces more than a third of the world's coffee, citing, in part, the country's treatment of former President Jair Bolsonaro,
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Trump tariffs latest updates: New round of tariffs coming April 2
Before Trump announced plans for retaliatory tariffs scheduled for April 2, the Yale Budget Lab estimated that tariffs would cost U.S. households an average of $1,600 to $2,000. Learn more: How to ...
The Dow, S&P 500 and Nasdaq remain volatile as trade deals and tariffs keep investors in limbo. Amazon’s Prime Day met with fierce competition as Walmart, Costco offer their own deals. Oil inches higher.
While meeting with Philippines President Marcos, President Donald Trump said he "doesn’t know a thing" about Deputy Attorney General Todd Blanche saying he will meet with Ghislaine Maxwell, the convicted associate of deceased sex offender Jeffrey Epstein.
Trump will visit the headquarters of the Federal Reserve today, the White House said. The unusual visit comes as the president has tried to pressure Chair Jerome Powell to lower interest rates and amid criticism by him and top administration officials over the cost of renovations to the building.
The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.