Trump tariffs on China and Mexico threaten US economy
Rising tariffs on Chinese and Mexican goods target about 190 billion dollars a year in new taxes. Analysts warn higher prices hit households while exporters face retaliation. Fed may cut rates to shield growth, but some economists see a real risk of cooling GDP and potential recession if tariffs expand.
MENTIONED IN THIS ARTICLE
Washington
Donald Trump
United States
Trump
China
Beijing
U.S
Mexico
UBS
Federal Reserve
Jerome Powell
Fed
Phnelopi Goldberg
World Bank
Pablo Fargelbaum
UCLA
Patrick Kennedy
University of California, Berkeley
Amit Khandelwal
Columbia University
Canada
Furman
Harvard Kennedy School
No deal yet to avert tariffs set to start Monday
U S and Mexico pressed talks into a second day to stop tariffs planned for Monday as President Trump pressures Mexico to curb Central American migrant flow. Vice President Pence said proposals are encouraging but tariffs remain likely, with asylum rules among debated points.
MENTIONED IN THIS ARTICLE
U.S
Mexico
Washington
Donald Trump
America
Mike Pence
Pennsylvania
Pence
THE
Associated Press
China to release list of unreli able foreign firms
China will publish an unreli able foreign firms list soon, Gao Feng says, without naming any company. The move follows the U S decision to blacklist Huawei for alleged IP theft and Iran sanctions evasion, with Beijing warning it will respond if trade frictions escalate.
MENTIONED IN THIS ARTICLE
China
Commerce Ministry
U.S
Huawei Technologies
Iran
Gao Feng
U.S. Department of Commerce
Huawei
Gao
FCC approves tools to block robocalls by phone companies
Federal regulators authorized phone companies to block unwanted calls without customer consent, aiming to cut billions of robocalls monthly. The rules let wireless and landline carriers block unknown callers, but consumers may be charged for some features. Officials warn protections could also hinder legitimate alerts, while the agency delegates free blocking as optional.
MENTIONED IN THIS ARTICLE
New York
Federal Communications Commission
FCC
Congress
U.S
YouMail
Michael O’rielly
Royal Credit Union
Jessica Rosenworcel
Ajit Pai
Pai
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