Chief Economist, Philip Lane, has suggested that the bank needs to maintain flexibility in its monetary policy due to the continued risk of inflation in both directions. Lane expressed confidence that ...

Still, trade experts said they expect the China tariffs to increase prices paid by U.S. shoppers, since importers typically pass along a share of the cost of those higher taxes to consumers. The ...

The U.S. Postal Service’s decision may block or delay parcels from retailers including Shein and Temu from entering the ...

The world’s two largest economies did not cut a deal to avert sweeping U.S. tariffs, which came into effect after midnight.

When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and ...

Tariffs on goods from Mexico, Canada, and China will add to inflation, curb economic growth, and complicate Federal Reserve ...

President Donald Trump on Monday agreed to a 30-day pause on his tariff threats against Mexico and Canada as America’s two ...

A growing number of countries, including American allies, are striking trade deals as the Trump administration erects a ...

Lighthizer, who campaigned with President Trump, serves as an unofficial adviser. He was reportedly passed over for Treasury ...