Top economic officials avoided a condemnation of U.S. tariffs but committed to trying to reduce “economic policy uncertainty.”
Author: ALAN RAPPEPORT
Republican Bill Could Set Off Global Tax Fight
Retaliatory taxes on foreign companies operating in the U.S. could open the door for a broader economic conflict.
Trump Suggests Openness to Slashing China Tariffs Ahead of Trade Talks
The president said reducing tariffs to 80 percent from the current 145 percent “sounds right,” as U.S. and Chinese negotiators prepare to meet in Switzerland.
U.S. and China Dig In on Trade War, With No Plans for Formal Talks
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
Ukraine and U.S. Sign Deal on Proceeds From Rare Earth Minerals
The agreement is intended to give the U.S. access to proceeds from Ukraine’s reserves of minerals and to help fund the rebuilding of Ukraine when the fighting stops.
Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.
Global Growth Expected to Sputter Amid Trade War Fallout Fears
The International Monetary Fund expects slower growth and higher inflation in the U.S. as a result of President Trump’s trade policies.
IMF Expects Trump’s Tariffs Will Slow Global Economic Growth
The International Monetary Fund expects slower growth and higher inflation in the U.S. as a result of President Trump’s trade policies.
Trump’s Tariff Fight With China Poses New Threat to US Farmers
Soybean producers warn that farms could go under as the Trump administration hits China with new tariffs of 145 percent.
Bessent to Skip G20 Finance Ministers Meeting in South Africa
The Treasury secretary is the second top U.S. official not to attend the Group of 20 gatherings because of rising tension with South Africa over its land policies.