Tag:

Economic policy

Trump To Hit Canada, Mexico, China With Tariffs: Here's When, How Much Trump To Hit Canada, Mexico, China With Tariffs: Here's When, How Much
Trump To Hit Canada, Mexico, China With Tariffs: Here's When, How Much Donald Trump's months-long threats of implementing tariffs on other countries are apparently hours away from becoming a reality. White House Press Secretary Karoline Leavitt announced at a news conference Friday afternoon, Jan. 31 that both of America's neighbors, Canada and Mexico, will be slapped with 25 percent tariffs on goods. A third nation, China, America's main economic rival, will be hit with 10 percent tariffs. They take effect on Saturday, Feb. 1, and are "for the illegal fentanyl that they have sourced and allowed to distribute into our country,” Leavitt said. Canadian Prime Mi…
Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction
Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction The Federal Reserve kept its key interest rate in place, pausing further cuts and ignoring a demand by President Donald Trump to immediately drop rates. After three months of reductions, the Fed decided to keep the key interest rate target at 4.25 to 4.5 percent. The Fed announced the decision on Wednesday, Jan. 29, after its first meeting since President Trump returned to the White House. Chair Jerome Powell said the Fed is monitoring inflation and economic stability under the Trump administration. "We remain committed to supporting maximum employment, bringing inflation sustain…
New Poll: Undecided Voters At Stake In Presidential Debate, Why It Matters Here New Poll: Undecided Voters At Stake In Presidential Debate, Why It Matters Here
New Poll: Undecided Voters At Stake In Presidential Debate, Why It Matters Here The one and possibly only presidential debate between Vice President Kamala Harris and former President Donald J. Trump is on Tuesday, Sept. 10 on ABC News from the National Constitution Center in Philadelphia. How Democrat Harris and Republican Trump perform from the City of Brotherly Love could be critical to how about 15 percent of undecided voters in Pennsylvania feel about their choice — assuming they watch or later hear about the debate, a political expert said. Early voting begins in Pennsylvania on Monday, Sept. 16 and Election Day is just eight weeks away. The Keystone State i…