Paul Wiseman

Advertisment

Trump once again slaps taxes on foreign steel, aluminum, a move that proved costly in his first term

WASHINGTON (AP) — President Donald Trump is hitting foreign steel and aluminum with a 25% tax. If that sounds familiar, it’s because he did pretty much the same thing during his first...

US employers added 143,000 jobs in solid but unspectacular January hiring, jobless rate fell to 4%

WASHINGTON (AP) — U.S. employers added just 143,000 jobs last month, but the unemployment rate fell to 4% to start 2025. The first monthly jobs report of Donald Trump’s second presidency points...

Trump’s tariff tactics carry higher economic risks than during his first term

WASHINGTON (AP) — When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and import taxes on U.S. trading partners created chaos,...

Here are some goods in the crosshairs of Trump’s tariffs

President Donald Trump signed an order to put tariffs on U.S. neighbors Canada and Mexico, as well as China, starting Tuesday. Canada and Mexico quickly announced retaliatory tariffs, while China said it...

US businesses brace for Trump’s tariffs on Canada, Mexico and China to drive up costs

WASHINGTON (AP) — From an ice cream parlor in California to a medical supply business in North Carolina to a T-shirt vendor outside Detroit, U.S. businesses are bracing to take a hit...

These are some goods caught in the crosshairs as tariffs arrive

President Donald Trump said this week that tariffs on U.S. neighbors Canada and Mexico will arrive Saturday. The two nations are not only close geographically, but economically as well. The business between...

From avocados to autos, Trump tariffs on Canada and Mexico could hit close to home

WASHINGTON (AP) — The 25% tax that President Donald Trump plans to slap on imports from Canada and Mexico as soon as Saturday could drive up the price of everything from gasoline...

U.S. economy grows solid 2.3% in October-December on eve of Trump return to White House, 2.8% in ’24

WASHINGTON (AP) — A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under...

Paul Wiseman

Advertisment