Treasury Secretary Bessent says there's an opportunity for a 'big deal' with China
Treasury Secretary Scott Bessent said that there's an opportunity to do a "big deal" with China to reduce tariffs if the Chinese government is willing to rebalance its economy.
US Court of International Trade sides with Trump in tariff case
Small businesses lost a legal challenge to President Donald Trump’s tariffs as the U.S. Court of International Trade ruled against halting the policy, backing Trump's trade agenda.
Kevin O'Leary claims three-ingredient 'witches' brew' holds the secret to jumpstarting market growth
Investor Kevin O'Leary spelled out three steps necessary to stave off further market volatility, including striking up deals with trade partners and cutting out negative rhetoric about the Fed.
Trump's tariffs could drive up auto repair costs, experts say
Not only will new cars fresh off the lot cost more due to President Donald Trump's tariffs, so will auto repairs, according to industry experts.
Americans trimming back wage expectations for new jobs: NY Fed
The New York Federal Reserve's consumer expectations survey found Americans are lowering their expectations for starting wages at a new job compared with November 2024.
Halliburton warns of tariff impact, lower North America oilfield activity
U.S. environmental groups say they are preparing for a legal showdown with the White House over its sweeping efforts to sidestep federal regulations on oil, gas and coal development.
Bessent believes China impasse over tariffs will de-escalate
Treasury Secretary Scott Bessent told an investor summit Tuesday that he expects the tariff war between the U.S. and China will de-escalate because the status quo is unsustainable.
Ex-Home Depot CEO warns Trump’s supply chain gamble is a ‘monumental task’ that may take decades
Former Home Depot CEO Bob Nardelli detailed the "monumental task" that awaits President Donald Trump as he seeks to balance the global supply chain and reduce U.S. reliance on others.
Dem senator hosts businesses concerned 'enormous uncertainty' of tariffs could kill crucial tourism industry
Vermont Democratic Sen. Peter Welch spoke to Fox News Digital about a series of meetings he had with dozens of Green Mountain State businesses concerned about tariffs and intertwined supply chains.
Trump meeting retailers including Walmart, Home Depot, Target regarding tariff concerns
President Donald Trump is reportedly having a sit-down with some retailers regarding the tariffs he has imposed on goods imported from foreign countries.
Trump's tariffs projected to increase unemployment, but escape mass layoffs: Allianz
Allianz economists are forecasting that the unemployment will rise to 5% by early 2026, though mass layoffs aren't expected as inflation raises consumer prices due to Trump's tariffs.
Outplayed: How China beat the US at its own free trade game
What began as a U.S. bet on reform turned into a decades-long pattern of economic coercion, intellectual property theft and strategic dominance by China.
Courier firm DHL Express to suspend global shipments of more than $800 to US consumers over new customs rules
The multinational logistics company DHL Express said it would suspend global shipments worth more than $800 to American consumers due to U.S. customs regulatory changes.
China poised to interfere as Trump seeks tariff deal with EU, experts warn
China and the European Union may be looking to strengthen trade ties as Beijing looks to ramp up exports to the EU as trade with the U.S. falters under severe tariffs.
China expert warns that 'spies are out' to find Trump's 'big secret' on tariffs
Fox News contributor and foreign policy strategist Michael Pillsbury says Chinese spies are "out" and trying to discover Trump's "target" tariff number.
How Netflix has been able to skirt effects of Trump’s tariffs
Netflix co-CEO Gregory Peters said customer retention has been strong and that the entertainment industry has been resilient even during tougher economic times.
Mortgage rates jump as tariffs hit markets; biggest spike in nearly a year
The average rate on the 30-year fixed mortgage rose this week to 6.83%, according to the latest Freddie Mac data released on Thursday. That's up from last week's reading of 6.62%.
Tariffs threaten entry level-priced car inventory, experts warn
Automotive experts say tariffs could reduce the number of entry level-priced vehicles in the market as dealerships cut back on inventory with low margins.
Fed's Powell says central bank could face 'challenging scenario' due to tariffs
Federal Reserve Chairman Jerome Powell said in prepared remarks in Chicago that the central bank would wait for more data before changing interest rates.
Retail sales surged in March led by autos as consumers looked to beat tariffs
Retail sales rose in March as consumers stepped up purchases of durable goods like vehicles in an effort to beat anticipated price hikes after tariffs were implemented in April.