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Prices could tick higher in 2025 as businesses pass tariff costs onto consumers, Cleveland Fed's Beth Hammack tells CBS News.
It’s yet to be seen which countries will retaliate to the announced July 31 tariff increases, but the tariffs in place since April are generating revenue for the U.S.
Legal experts predict Supreme Court appeal in case challenging President Donald Trump's use of IEEPA to impose sweeping tariffs on U.S. trading partners.
The Swiss government said it had “no indication” the country would be hit with a 39 percent tariff, which is set to take ...
President Trump on Monday lambasted the “Russian war machine” responsible for the deaths of innocent Ukrainians — in a sharp ...
The European Union said Monday it will pause its plan to impose retaliatory tariffs against the U.S. while it continues to ...
Harvard professor Carmen Reinhart, former chief economist at The World Bank, discusses the health of and threats to the U.S.
JOHANNESBURG (AP) — U.S. reciprocal tariffs have put an estimated 30,000 jobs at risk, South African authorities said Monday, ...
Switzerland is bracing for a big tariff hike on its exports, and its watch industry could take the brunt when President Trump ...
A reprieve from a 50% U.S. tariff on goods from Lesotho has come too late to prevent damage to the tiny African kingdom's ...
Switzerland had negotiated early and swiftly. The deal it offered “was not so different from that of the European Union”, ...