California is gearing up to challenge Trump’s tariffs in a significant legal battle. The state’s governor and attorney general are teaming up to file a lawsuit that could limit the president’s power to impose tariffs. This move comes after Trump recently slapped steep tariffs on major trading partne
The Federal Reserve is getting ready for a tough economic situation. The central bank is worried about high inflation and slow growth. This mix is known as stagflation. The Fed's chair, Jerome Powell, has been talking about this a lot lately. He thinks the recent trade policies could make things wor
There was a significant increase in retail sales in March. This jump was largely due to people buying cars before new tariffs took effect. The Commerce Department reported that spending at various outlets, including stores, restaurants, and car dealerships, rose by 1. 4% compared to February. This w
The U. S. economy is in a steady state. It's not perfect, but it's not terrible either. The job market is strong, with plenty of jobs available and people finding work. However, there are some concerns. Inflation is a bit higher than the target of 2 percent. This means prices are going up a bit fast
Car buyers in the U. S. are in a hurry. They are snapping up new and used vehicles faster than ever. This rush is due to fears of upcoming tariffs. These tariffs could make cars more expensive. As a result, the number of cars available for sale is dropping quickly. The supply of new cars has fallen
The month of March saw a notable increase in retail sales across the United States. This surge was largely due to consumers rushing to make purchases before significant tariff increases took effect. The Commerce Department reported a 1. 4% rise in retail sales from February to March, the highest mon
In March, Americans went on a shopping spree. They bought more goods than usual. This happened because people were worried about upcoming tariffs. These tariffs are taxes on imported goods. They make things more expensive. The U. S. government planned to put these tariffs on items from China, Canada
The U. S. has made defending Taiwan a big part of its Pacific plans. But its trade tactics might make things worse. The U. S. has been talking about a strong Pacific strategy. The defense of Taiwan is a key part of this plan. This isn't new. It's been U. S. policy since 1949. But things have changed
Maple syrup production in Vermont is a delicate dance with nature. The fickle spring weather already makes it a gamble. Now, trade policies are adding to the stress. These policies are making life difficult for an industry that relies heavily on international trade. The heart of the issue i
In recent discussions, a US representative has shifted the focus of negotiations with Iran. Instead of pushing for a complete shutdown of Iran's nuclear activities, the emphasis is now on ensuring that Iran's nuclear program is transparent and verifiable. This means checking that Iran is not enrichi
