The order is aimed at “last-minute, lame-duck” agreements signed by the Biden administration, a White House memo says.
The order is aimed at “last-minute, lame-duck” agreements signed by the Biden administration, a White House memo says.
Economists, policymakers and investors are bracing for a trade war that has been brewing since Election Day.
Experts say the freight system could handle an increase in imports from Canada and Mexico, but there is little sign of a significant increase.
Economists, policymakers and investors are bracing for a trade war that has been brewing since Election Day.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, said he favored “across the board” tariffs and faced grilling about his financial ties in a nomination hearing Wednesday.
Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, is set to be questioned by the Senate in a nomination hearing Wednesday.
The U.S. central bank is expected to hold interest rates steady as officials weigh a solid economy and rising inflation risks.