News

The U.S. surplus amounted to a little more than $27 billion, a stark contrast to the $316 billion deficit in May. This ...
President Donald Trump’s tariffs are taking shape—and they’re taking on a kind of color, too. If you look at the tariffs and assign different colors to each sector they touch, they start to look like ...
Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...
U.S. Treasury Secretary Scott Bessent announced Tuesday that tariff revenues have reached approximately $100 billion so far ...
Why It Matters: This news comes on the heels of the U.S. Customs and Border Protection (CBP) collecting over $106 billion in ...
In response, the European Union announced on Sunday that it will extend its pause on retaliatory measures against US tariffs ...
The Trump administration is doing nothing to rein in deficits, and it's clear that whatever revenue may come in from tariffs ...
Dealers aren’t sure they’ll be able to get it into the country ahead of the threatened Aug. 1 deadline.
Industry experts warn that the US is dependent on copper imports, and levies could increase costs across critical industries ...
Tariffs were expected to drive widespread price increases across the U.S. economy. Just months into 2025, that prediction has proven only partially correct.
The second-quarter performance for SMEs was in expansionary range, according to OCBC. Read more at straitstimes.com. Read ...