Just within the past couple of moments, the president of the United States announcing a major tariff investigation in the furniture industry, posting on social media a couple minutes ago, "I am pleased to announce that we are doing a major tariff investigation on furniture coming into the United States within the next 50 days. That investigation will be completed and furniture coming from other countries into the United States will be tariffed at a rate yet to be determined. This will bring the furniture bu ...

Trade Policy - The US is initiating a "major Tariff Investigation on Furniture" entering the country [1] - This investigation sets the stage for potential industry-specific tariffs on furniture [1]

CPI may be much higher than expected. >> All that's correct, Frank. There were a bunch of caveats in there.The biggest caveat you did mention, though, that I would say is the one about inflation expectations. He basically said, we are not going to allow tariff price increases to become broader inflation. That's on his watch. He believes that's in his control, and that would mean remaining relatively tight.So you're right. And I think what happened here, Frank, is is he didn't really talk the market down. Bu ...

Turning to inflation, higher tariffs have begun to push up prices in some categories of goods. Estimates, based on the latest available data, indicate that total PC prices rose 2.6% over the 12 months ending in July. Excluding the volatile food and energy categories, core PC prices rose 2.9% above their level of a year ago.Within core prices of goods increased 1.1% over the past 12 months. A notable shift from the modest decline seen over the course of 2020 for. In contrast, housing services inflation remai ...

Economic Outlook - Downside risks to employment are rising [1] - Tariff effects on consumer prices are clearly visible [1] - Tariff impact on inflation is expected to be short lived [1] Monetary Policy - A rate cut is anticipated next month [1]

US-India Relations & Trade - Potential 50% duty on India by the US due to tariff campaign [1] - India's $50 billion exports at risk if relations with the US are not repaired [3] - US is India's biggest customer [3] India-China Relations - India is moving to repair relations with China [1] - Potential for cross-border investments between Indian billionaires and Chinese technology companies [2] - Expect announcements regarding India-China relations at the Modi-Xi Jinping meeting [2] Indian Economic Reform - Modi is proposing lower consumption tax rates [3] - More reforms are promised to boost India's economic growth [2][3]

Postal services across the world are cutting off parcel deliveries to the US as the fast-approaching end of a tariff exception for low-value packages sows chaos in global shipping https://t.co/gQR9boyttz ...

We're going to turn back to the economy now with some breaking news this morning that the US is backing off of massive tariff rate hikes on the European Union. >> Well, all that comes in new earnings reports this week that come from some of the country's biggest retailers. >> All right, for more on what all of this means to your wallet, who better than our own business and data correspondent Brian Ch.Yeah, indeed. This this makes it convenient. We're getting a lot of bang for our buck this morning from you. ...

Swiss exports to the US inched up in July, before President Donald Trump unexpectedly slapped a 39% tariff on the country https://t.co/CRmXYzYv56 ...

Treasury Secretary Scott Bessent said the U.S. is "very happy" with the current tariff situation with China, indicating there likely won't be any immediate changes to the trade truce between the two countries. https://t.co/dCIRX3q3mZ ...