prices, tariff and inflation
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After implementation of tariffs of up to 145% on all imports from China, negotiatorswere able to agree to a temporary reduction to a 30% levy. This rate is plan
The U.S. collected a record $16.3 billion in customs revenue in April, although the "Liberation Day" import tax revenue surge could be short-lived.
The Fed should not commit to further interest rate cuts until it is clear whether the Trump administration's tariff policies lead to persistent inflation or a less serious, one-time adjustment in prices,
President Trump's announcement of additional tariffs led businesses to increase inventory imports to avoid higher prices, which in turn subtracted from the GDP. Many companies depend on Chinese factories for holiday goods, and tariffs could disrupt the timely and affordable arrival of these products.
The Bureau of Labor Statistics' latest consumer price index report showed that inflation ticked slightly higher in April as tariffs begin to have an economic impact.
Thailand's economy is expected to grow by between 2.0% and 2.2% this year, down from a previous forecast of 2.4% to 2.9% growth due to the impact of U.S. tariffs, a leading joint business group said on Wednesday.
For decades, globalisation anchored in free trade has driven global economic integration, enabling the flow of goods, services,
China and the U.S. agreed to end their recent tariff battle temporarily and restart stalled trade between the two countries.