He said the IMF is “failing to critique the countries that need it most.” Treasury Secretary Scott Bessent spoke to the Institute of International Finance this past week,…
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DHL Halts Consumer Shipments to U.S. Worth Over $800 Due to Tariffs
The service says the updated customs declaration policy is causing “multi-day transit delays.” International shipping service DHL announced that it will be pausing shipments from foreign businesses to…
Read MoreSpecial Envoy Receives Outline from Russia on Truce Terms
The special envoy and secretary of state are now in Paris for discussions with French officials. U.S. special envoy Steve Witkoff received details from Russian President Vladimir Putin…
Read MoreNEC Director Announces 130 Nations Engaging in Trade Negotiations
He says the administration has made “astonishing” progress. White House National Economic Council Director Kevin Hassett reported that President Donald Trump’s trade team has made progress on the…
Read MoreEU Pauses Retaliatory Tariffs After President Trump Pauses Tariffs
The EU is matching President Trump’s 90-day pause and preparing for trade negotiations. President Donald Trump implemented dozens of steep tariffs last week, largely implementing half the percentage…
Read MorePresident Trump Pauses Tariffs on Most U.S. Trading Partners
Keeps 125% tariff in place with China after they retaliated with an increase. On Wednesday, President Donald Trump dropped the tariffs on the majority of U.S. trading partners…
Read MoreLabor Department Releases March Employment Numbers
The number of jobs added to the economy exceeded expectations. The U.S. Labor Department reported that employment numbers for March exceeded the amount predicted by economics by nearly…
Read MoreU.S. Trade Representative Speaks on President’s Tariff Strategy
The U.S. has faced high export fees for decades as international goods have flowed into the nation with low or no tariffs. United States Trade Representative Jamieson Greer…
Read MoreLouis DeJoy Resigns as Postmaster General
President Trump proposes having the Commerce Department run USPS. Louis DeJoy resigned as the Postmaster General of the U.S. Postal Service (USPS) on Monday. “While our management team…
Read MorePresident Trump Threatens Tariffs on Venezuelan Oil Purchases
He faults Venezuela for sending criminals and gang members to the U.S. President Donald Trump threatened to impose 25 percent tariffs on any country that purchases oil from…
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