by paige.oamek | Apr 11, 2025 | Economy, International Trade
One day after President Trump’s tariff announcements sent markets tumbling, international trade data reflected an economy grappling with uncertainty, as companies struggled to predict what might come next. The trade deficit declined 6.1% to $122.7 billion in February,...
by paige.oamek | Apr 7, 2025 | Economy, Featured, International Trade, Newest
President Donald Trump says he wants the United States to lead the world in artificial intelligence. But the president’s tariffs on raw data center materials could cause American AI to fall behind. The rapid growth in the AI industry has brought with it a data center...
by Sami Marshak | Apr 7, 2025 | Economy, Featured, International Trade, Newest
President Donald Trump’s higher-than-expected tariffs will raise inflation and reduce economic growth, the chairman of the Federal Reserve warned Friday, in his first public remarks since Trump’s “Liberation Day” announcements. That assessment from Chair...
by Sami Marshak | Apr 1, 2025 | Economy, Featured, International Trade, Manufacturing, Newest
Donald Trump’s pharmaceutical tariffs have upended the plans for Kenneth Moch, president of Euclidean Life Science Advisors, who is now facing roadblocks in further developing his four early-stage life science companies. Investor skittishness is making it harder to...
by paige.oamek | Feb 9, 2025 | Featured, International Trade, Newest
The US trade deficit widened in December as businesses tried to get ahead of President Donald Trump’s threatened tariffs. Wednesday’s data from the US Census Bureau and the US Bureau of Economic Analysis showed a trade deficit of $98.4 billion, up 17 percent over the...
by D Escamillafuentes | Apr 3, 2024 | Economy, International Trade
Economists surveyed by Bloomberg expect a modest shrinkage in the deficit, from February’s number of $67.4 billion to $67.28 billion for April’s report. The last two international trade reports have shown that U.S. consumer spending remains strong. In February, the...