Policymakers pointed to āconsiderable uncertaintyā about the timing, size and duration of the tariffsā potential effects on inflation, the minutes showed.
July 9, 2025Search
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Trump Reveals New Batch of Tariffs From Iraq to Philippines
President Donald Trump unveiled a new round of tariff demand letters on July 9 with levies set to hit in August on imported goods from partners who fail to reach agreements with the U.S.
July 9, 2025Tariff Foes Urge Appeals Court to Curb āBlank Checkā
A group of small businesses that won an order finding President Donald Trumpās global tariffs illegal urged a federal appeals court to uphold that decision and block the trade levies.
July 9, 2025Trucking Industry Praises Trump's āBig Beautiful Billā
Dozens of freight and trucking stakeholders praised the recently enacted comprehensive tax and budget measure referred to as the āOne Big, Beautiful Bill.ā
July 9, 2025Cruise Cuts 101 Employees as GM Winds Down Robotaxi Program
Cruise, the embattled self-driving car subsidiary of GM, has laid off 101 more employees across the Bay Area, marking the latest round of job cuts as the company scales back its robotaxi efforts.
July 9, 2025Trumpās Trade Blitz Yields Few Deals but Lots of Uncertainty
President Donald Trump's lightning round of global trade negotiations with dozens of countries has yielded two deals, with the U.K. and Vietnam, and a framework for a deal with China.
July 9, 2025EIA Trims Forecast for 2025 US Crude Oil Output
The latest production forecast for this year represents a drop of about 50,000 barrels a day from the Energy Information Administrationās previous projections in June.
July 8, 2025Amazon's Seller Pricing Limits Face Canadian Review
Canadaās competition watchdog secured a court order to help its investigation into whether Amazon is abusing its dominant retail position in the market.
July 8, 2025Trump Says Powell Should Resign if He Misled Congress
āThen he should resign immediately,ā Trump said when asked about the allegations that Powell mischaracterized details about renovations at the Fedās headquarters.
July 8, 2025Trump to Impose 50% Copper Tariff, Delay Drug Duties
āI believe the tariff on copper weāre going to make it 50%,ā President Donald Trump said when asked by a reporter what the rate on those products would be.
July 8, 2025