News list for "general economy"

Trump economic adviser Milan: Trade deal and Republican tax cut legislation "coming soon".

2025-05-02 13:29:51

According to foreign media, citing people familiar with the matter, Trump's economic team is discussing a gradual increase in tariff rates month by month. The gradual increase in tariffs is designed to increase negotiating chips while helping to avoid a spike in inflation. One of the ideas is to set a timetable for increasing tariffs by about 2% to 5% month by month, and it will follow the executive powers under the U.S. Emergency Economic Powers Act, the people said. The proposal is at an early...

2025-01-13 22:36:58