Commerce Secretary Howard Lutnick announced that the U.S. and China have formally signed a trade agreement resulting from recent talks in Geneva. The deal includes a commitment from…
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Federal Reserve Holds Interest Rates Steady
Chairman says panel needs to “wait to learn more” about economy direction. Federal Reserve Chair Jerome Powell announced Wednesday that the central bank will continue to hold its…
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U.S. Announces Preliminary Trade Deal with China
Negotiators finalize terms but need approval from President Trump and President Xi. Negotiators from the United States and China announced Wednesday that they have finalized a framework for…
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DHL Resumes International Consumer Imports Valued Over $800
The company announced it had a “constructive dialogue” with the U.S. government. Shipping company DHL announced that it has resumed shipments of imports over $800 after a pause…
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NEC 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…
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Commerce Secretary Says Semiconductor Tariffs are Coming Soon
The tech exemptions from President Trump are temporary. Commerce Secretary Howard Lutnick explained President Trump’s decision to incorporate tariff exemptions for key electronic components on Sunday. He said…
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U.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…
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Louis 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…
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Honda Plans Production Move From Mexico to Indiana to Avoid Tariffs
President Trump’s 25 percent tariffs on goods from Mexico and Canada increase interest in U.S. production. Honda is exploring moving manufacturing of the next generation Civic to Indiana…
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Commerce Secretary Says Tariffs Part of “Drug War,” Not “Trade War”
He says U.S. will reexamine tariffs if flow of fentanyl reduced by April 2. Commerce Secretary Howard Lutnick described President Donald Trump’s tariffs against Mexico and Canada on…
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