News

The U.S. surplus amounted to a little more than $27 billion, a stark contrast to the $316 billion deficit in May. This ...
The average effective tariff rate has been around 16%, Morgan Stanley Wealth Management calculates, 5 times higher than the past average of 3%.
Bonded warehouses, run by U.S. Customs and Border Protection, let importers wait to pay tariffs until the goods are ready to ...
Trump has simply always liked tariffs, a gut-level fixation he developed during the economic rise of Japan in the 1980s. | ...
Why It Matters: This news comes on the heels of the U.S. Customs and Border Protection (CBP) collecting over $106 billion in ...
CPI jumped to 2.7% on the 15th, with core CPI, which excludes food and energy, is now up to 2.9%.
U.S. Treasury Secretary Scott Bessent announced Tuesday that tariff revenues have reached approximately $100 billion so far ...
India stands at a critical economic juncture. The combination of sound domestic macroeconomics and rising external frictions ...
Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...
Trump said the U.S. will impose an additional 10% tariff on any countries aligning themselves with the "Anti-American ...
U.S. is nearing a major trade agreement with India as President Trump signals progress amid rising global tariffs. With new ...
The second-quarter performance for SMEs was in expansionary range, according to OCBC. Read more at straitstimes.com. Read ...